M&A Deal Summary

Titanium Acquires B&S Cartage

On January 4, 2022, Titanium acquired transportation company B&S Cartage

Acquisition Highlights
  • This is Titanium’s 2nd transaction in the Transportation sector.
  • This is Titanium’s 2nd transaction in Canada.
  • This is Titanium’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2022-01-04
Target B&S Cartage
Sector Transportation
Buyer(s) Titanium
Deal Type Add-on Acquisition

Target

B&S Cartage

Brantford, Ontario, Canada
website
B&S Cartage specializes in truckload, warehousing, distribution, and specialized logistics solutions within Ontario as well as transborder to/from the United States, serving long-standing AAA+ quality customers across the retail, consumer goods, food and beverage, industrial and commercial supply sectors.

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Buyer(S) 1

Buyer

Titanium

Bolton, Ontario, Canada

website

Category Company
Sector Transportation
DESCRIPTION

Titanium is an asset-based transportation and logistics company servicing Canada and the United States, with approximately 800 power units and 3,000 trailers. Titanium provides truckload, dedicated, and cross-border trucking services, freight logistics, and warehousing and distribution to over 1,000 customers.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ontario) 2 of 2
Country (Canada) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-05 ITS

Belleville, Ontario, Canada

ITS provides logistics and truckload solutions to a diverse, well-established and long-standing customer base in southern Ontario, Quebec and the United States, with a focus on food products, industrial commodities and general freight.

Buy CA$80M
Mergr

Product

Company

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