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New Deal


Announced

Completed

TFI International completed the acquisition of JHT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Friendly

asset light logistics

transportation provider

Third Party Logistics (3PL)

Acquisition

Majority

Single Bidder

Cross Border

Completed

Synopsis

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TFI International, a North American provider of transportation and logistics, completed the acquisition of JHT, an asset light logistics and transportation provider in North America for Class 6-8 truck manufacturers. Financial terms were not disclosed. "We were immediately impressed by JHT’s well-run operations, its asset light approach and leadership in this differentiated niche market. We extend a warm welcome to CEO John Harrington and his impressive team and look forward to watching JHT thrive in the years ahead under the TFI International umbrella," Alain Bédard, TFI International Chairman, President and CEO.

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