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New Deal


Announced

Canada Cartage to acquire The GTI Group.

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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Trucking

Canada

trucking company

Majority

Pending

Friendly

Single Bidder

Private

supply chain services

Acquisition

Domestic

Synopsis

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Canada Cartage, one of Canada’s largest transportation and logistics providers, agreed to acquire The GTI Group, a supply chain services provider. Financial terms were not disclosed. "We are extremely excited to be joining forces with The GTI Group. Like us, GTI has grown significantly over the past few years and has a portfolio of complementary service offerings that build upon Canada Cartage’s solution line-up, and also adds some new, complementary services to ours," Jeff Lindsay, Canada Cartage President and CEO.

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