Add-on Acquisition • Automotive

Groupe Touchette Acquires Fastco

On July 11, 2023, Groupe Touchette acquired automotive company Fastco

Acquisition Context
  • This is Groupe Touchette’s 1st transaction in the Automotive sector.
  • This is Groupe Touchette’s 2nd transaction in Canada.
  • This is Groupe Touchette’s 1st transaction in Quebec.

Explore All 1726 Add-on Acquisition Automotive Deals - Search the Database Free


M&A Deal Summary

Date July 11, 2023
Target Fastco
Sector Automotive
Buyer(s) Groupe Touchette
Deal Type Add-on Acquisition

Target Company

Fastco

Vaudreuil-Dorion, Quebec, Canada
Fastco is a manufacturer and distributor of alloy and steel wheels, as well as accessories. Fastco offers a variety of wheel product lines tailored for markets including tuning, luxury, electric vehicles, SUVs and trucks. Fastco was founded in 1989 and is headquartered in Vaudreuil-Dorion, Quebec.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Groupe Touchette

Montréal, Quebec, Canada

Category Company
Founded 1979
Sector Distribution
DESCRIPTION

Groupe Touchette is a distributor of tires to automotive manufacturers, dealers, and independent customers. Groupe Touchette was founded in 1979 and is based in Montréal, Québec.


Deal Context for Buyer #
Overall 2 of 2
Sector: Automotive 1 of 1
Type: Add-on Acquisition 1 of 1
State: Quebec 1 of 1
Country: Canada 2 of 2
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-07 NTD

Burlington, Ontario, Canada

NTD is a tire, wheel, and accessory distribution company. NTD was founded in 2008 and is based in Burlington, Ontario.

Buy -