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  6. HVH Transportation Acquires FTI Transportation

M&A Deal Summary

HVH Transportation Acquires FTI Transportation

On May 31, 2014, HVH Transportation acquired transportation company FTI Transportation from HCI Equity Partners

Acquisition Highlights
  • This is HVH Transportation’s 1st transaction in the Transportation sector.
  • This is HVH Transportation’s 1st transaction in Canada.
  • This is HVH Transportation’s 1st transaction in Ontario.

M&A Deal Summary
Date 2014-05-31
Target FTI Transportation
Sector Transportation
Buyer(s) HVH Transportation
Sellers(s) HCI Equity Partners
Deal Type Merger

Target

FTI Transportation

London, Ontario, Canada
FTI Transportation is an asset-light transportation provider. FTI primarily provides dry van and flatbed services, split approximately 50-50 between U.S. and Canadian business. FTI has an asset-light model matching independent contractor ("IC") capacity with customer business.

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Buyer(S) 1

Buyer

HVH Transportation

Denver, Colorado, United States
Category Company
Founded 1956
Sector Transportation
DESCRIPTION

HVH Transportation, Inc. is an asset-light transportation provider. HVH primarily provides dry van truckload services throughout the Midwest, Southwest, and Western states. HVH Transportation was founded in 1956 and is based in Denver, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

HCI Equity Partners

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

HCI Equity Partners is a private equity group that targets lower middle-market industrial product and service companies throughout North America. HCI is a 'hands on' investor, looking to assist portfolio companies with growth strategies and improving profitability. The Firm seeks opportunities with $20 to $200 million in revenues and strong management in place. Specific areas of interest include aerospace/defense, automotive and commercial vehicle suppliers, industrial distribution, infrastructure, power generation, test/measurement equipment, and transportation. HCI Equity Partners (fka Thayer | Hidden Creek Partners) is based in Washington DC.

DEAL STATS #
Overall 11 of 27
Sector (Transportation) 4 of 8
Type (Merger) 3 of 5
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2014) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-28 FTI Transportation

London, Ontario, Canada

FTI Transportation is an asset-light transportation provider. FTI primarily provides dry van and flatbed services, split approximately 50-50 between U.S. and Canadian business. FTI has an asset-light model matching independent contractor ("IC") capacity with customer business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-11 AmerCareRoyal

North Charleston, South Carolina, United States

AmerCareRoyal is a provider of disposable products including; cutlery, straws, gloves, point of sale products, napkins, and other paper disposables for the foodservice and retail industries. AmerCareRoyal was founded in 1987 and is based in North Charleston, South Carolina.

Buy -
Mergr

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