M&A Deal Summary

LDC Logistics Acquires Metro Supply Chain

On February 2, 2017, LDC Logistics acquired transportation company Metro Supply Chain from Novacap

Acquisition Highlights
  • This is LDC Logistics’ 1st transaction in the Transportation sector.
  • This is LDC Logistics’ 1st transaction in Canada.
  • This is LDC Logistics’ 1st transaction in Quebec.

M&A Deal Summary

Date 2017-02-02
Target Metro Supply Chain
Sector Transportation
Buyer(s) LDC Logistics
Sellers(s) Novacap
Deal Type Add-on Acquisition

Target

Metro Supply Chain

Montréal, Quebec, Canada
Metro Supply Chain is a provider of third-party logistics (3PL) services across North America and Europe with more than 6,000 associates on the team. It supplies customized services in the consumer-packaged goods, retail, automotive / specialist products, fashion and e-commerce sectors. Metro Supply Chain was founded in 1974 and is based in Montréal, Ontario.

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Buyer(S) 1

Buyer

LDC Logistics

Montreal, Quebec, Canada

Category Company
Sector Business Services
DESCRIPTION

LDC Logistics is a diversified holding company. It has investments in both logistics companies and businesses related to the industry. LDC Logistics is based in Montreal, Quebec.


DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Novacap

Brossard, Quebec, Canada

Investor Investor Investor Investor Investor


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 8 of 30
Sector (Transportation) 1 of 3
Type (Add-on Acquisition) 4 of 13
State (Quebec) 5 of 14
Country (Canada) 5 of 19
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Firmex

Toronto, Ontario, France

Firmex is a virtual data room provider that has helped to drive the virtual data room marketplace with its SaaS secure document sharing platform to global financial institutions, law firms, and governments. Firmex’s secure and intuitive SaaS solution allows for the sharing of large volumes of confidential documents and mission-critical undertakings, including financial transactions, litigation, and compliance across a range of industries. Firmex was founded in 2006 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-23 Mucci Farms

Kingsville, Ontario, Canada

Mucci Farms is a second-generation fruit and vegetable grower. Vertically integrated from seed to retail, the company owns and operates greenhouse and warehouse facilities spanning the continent with a mission to deliver the highest quality of fresh produce in the market through innovation at all levels. Mucci Farms was founded in 2000 and is based in Kingsville, Ontario.

Buy -