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New Deal


Announced

Completed

TFI International completed the acquisition of Daseke for $1.1bn.

Financials

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Transaction Value£866m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium69%
One Off Charge-

Tags

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Cross Border

United States

transportation solutions

Trucking

Acquisition

Friendly

Single Bidder

Majority

Public

Completed

Synopsis

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TFI International, a North American leader in the transportation and logistics industry, completed the acquisition of Daseke, North American transportation solutions specialist dedicated to servicing challenging industrial end markets, for $1.1bn. “We believe this transaction to be a tremendous outcome for our Daseke shareholders, providing a near-term liquidity event at a significant premium, and is consistent with our stated priority of progressing opportunities that maximize value for our shareholders. TFI has a proven track record of successfully executing acquisitions that deliver value for its customers, shareholders, partners, and team members. We are very fortunate to be joining a like-minded organization who shares our commitment to strong customer relationships, services excellence, and utmost respect for our professional drivers, each of which has fueled Daseke’s success over the last 15 years,” Jonathan Shepko, Daseke CEO.

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