M&A Deal Summary

General Logistics Systems B.V. Acquires Dicom Transportation Group Canada

On September 3, 2018, General Logistics Systems B.V. acquired transportation company Dicom Transportation Group Canada from Wind Point Partners for 360M CAD

Acquisition Highlights
  • This is General Logistics Systems B.V.’s 4th transaction in the Transportation sector.
  • This is General Logistics Systems B.V.’s 3rd largest (disclosed) transaction.
  • This is General Logistics Systems B.V.’s 1st transaction in Canada.
  • This is General Logistics Systems B.V.’s 1st transaction in Quebec.

M&A Deal Summary
Date 2018-09-03
Target Dicom Transportation Group Canada
Sector Transportation
Buyer(s) General Logistics Systems B.V.
Sellers(s) Wind Point Partners
Deal Type Add-on Acquisition
Deal Value 360M CAD

Target

Dicom Transportation Group Canada

Montreal, Quebec, Canada
website
Dicom Transportation Group Canada, Inc. is a primarily provides business-to-business parcel services, operating across Canada, with a major focus on the Eastern Canadian provinces of Ontario and Quebec. Canada is the world’s 10th largest economy[1], with Ontario and Quebec representing 57 per cent of the country’s GDP[2]. Dicom Canada is well-placed to leverage growth trends in these markets and provides GLS with an established market position in this key economy.

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Buyer(S) 1

Buyer

General Logistics Systems B.V.

Oude Meer, Netherlands

website

Category Company
Founded 1999
Sector Transportation
Employees14,000
DESCRIPTION

General Logistics Systems B.V. is a provider of reliable, high-quality deferred parcel services for over 220,000 customers. General Logistics Systems B.V. was established in 1999 and is headquartered in Oude Meer, Netherlands.

DEAL STATS #
Overall 4 of 6
Sector (Transportation) 4 of 6
Type (Add-on Acquisition) 4 of 6
State (Quebec) 1 of 2
Country (Canada) 1 of 3
Year (2018) 1 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 Postal Express

Bellevue, Washington, United States

ostal Express is a regional overnight carrier operating in the states of Washington, Oregon, and Idaho. Postal Express offers overnight parcel delivery, mainly to business-to-business customers, across a number of industries.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-04 Dicom

Dorval, Quebec, Canada

Dicom is a provider of expedited transportation and logistics services. Dicom’s services include Courier, Less-than-Truckload, Truckload and Transportation Management Services operated under the Dicom Express, JiT and GoJiT brands. Dicom was founded in 2014 and is based in Dorval, Quebec.

Buy CA$360M

Seller(S) 1

SELLER

Wind Point Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1984
PE ASSETS 5.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Wind Point Partners is a private equity firm focused on acquisitions of mid-sized companies operating in the business services, consumer products, healthcare services, and industrial products sectors. Wind Point looks to invest $60 to $130 million in companies valued up to $500 million. Prospective transaction types include leveraged buyouts, recapitalizations, industry consolidations, and growth capital financings. Wind Point Partners began investing in 1984 and is based in Chicago.

DEAL STATS #
Overall 41 of 55
Sector (Transportation) 2 of 3
Type (Add-on Acquisition) 21 of 26
State (Quebec) 1 of 2
Country (Canada) 2 of 4
Year (2018) 2 of 3
Size (of disclosed) 9 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-10 Interface Solutions

Lancaster, Pennsylvania, United States

Interface Solutions is a designer and manufacturer of fiber-reinforced gasket materials for automotive, heavy-duty diesel, small engine, transmission and compressor applications, as well as composite materials used in calendar bowl paper, heat shields and electrical barriers. Interface Solutions was founded in 1995 and is based in Lancaster, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-04 Dicom

Dorval, Quebec, Canada

Dicom is a provider of expedited transportation and logistics services. Dicom’s services include Courier, Less-than-Truckload, Truckload and Transportation Management Services operated under the Dicom Express, JiT and GoJiT brands. Dicom was founded in 2014 and is based in Dorval, Quebec.

Sell CA$360M
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