M&A Deal Summary

Novacap Acquires GTI Group

On January 1, 2014, private equity firm Novacap acquired transportation company GTI Group

Acquisition Highlights
  • This is Novacap’s 2nd transaction in the Transportation sector.
  • This is Novacap’s 12th transaction in Canada.
  • This is Novacap’s 12th transaction in Quebec.

M&A Deal Summary
Date 2014-01-01
Target GTI Group
Sector Transportation
Buyer(s) Novacap
Deal Type Buyout (LBO, MBO, MBI)

Target

GTI Group

Lachine, Quebec, Canada
website
GTI Group offers integrated transport solutions encompassing heavy haul and over dimensional land transportation, specialty storage & handling, and international logistics and freight forwarding services. GTI Group was founded in 1992 and is based in Lachine, Quebec.

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Buyer(S) 1

Buyer

Novacap

Brossard, Quebec, Canada

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1981
PE ASSETS 8.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

Novacap is a large private equity firm focused on middle-market company acquisitions in Canada. Novacap pursues companies with $30 to $500 million in sales and will consider transactions valued up to $500 million. Target transaction situations include partial or full buyouts, spin-offs, take privates, recapitalizations, and growth capital financings. Novacap will consider opportunities in basic industries as well as high-growth tech sectors. Novacap was formed in 1981 and has offices in Toronto and Montreal.

DEAL STATS #
Overall 18 of 59
Sector (Transportation) 2 of 3
Type (Buyout (LBO, MBO, MBI)) 10 of 31
State (Quebec) 12 of 31
Country (Canada) 12 of 40
Year (2014) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-30 iWeb

Montreal, Quebec, Canada

iWeb is a provider of Internet hosting solutions and IT infrastructure, with its shared web hosting as well as its dedicated servers and co-location services. iWeb was formed in 1996 and is based in Montreal, Quebec.

Sell $145M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 Master

Boucherville, Quebec, Canada

Master is an independent HVAC-R distributor in Eastern Canada. Company is a distributor of heating, ventilation, air conditioning and refrigeration products. Master was founded in 1952 and is based in Boucherville, Quebec.

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Mergr

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