M&A Deal Summary

Mullen Group Acquires Tripoint Intermodel Services

On June 24, 2021, Mullen Group acquired transportation company Tripoint Intermodel Services

Acquisition Highlights
  • This is Mullen Group’s 10th transaction in the Transportation sector.
  • This is Mullen Group’s 13th transaction in Canada.
  • This is Mullen Group’s 4th transaction in Ontario.

M&A Deal Summary
Date 2021-06-24
Target Tripoint Intermodel Services
Sector Transportation
Buyer(s) Mullen Group
Deal Type Add-on Acquisition

Target

Tripoint Intermodel Services

Mississauga, Ontario, Canada
Tripoint Intermodel Services provides container drayage service within the Greater Toronto Area (GTA) and southern Ontario through a combination of company trucks, owner-operators and a fleet of approximately 190 chassis trailers. Tripoint Intermodel Services was founded in 2005 and is based in Mississauga, Ontario.

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Buyer(S) 1

Buyer

Mullen Group

Okotoks, Alberta, Canada
Category Company
Founded 1949
Sector Transportation
Employees7,400
Revenue 2.0B CAD (2023)
DESCRIPTION

Mullen Group provides a wide range of specialized transportation and related services to the oil and natural gas industry. Mullen Group was founded in 1949 and is based in Okotoks, Canada.

DEAL STATS #
Overall 13 of 17
Sector (Transportation) 10 of 14
Type (Add-on Acquisition) 13 of 16
State (Ontario) 4 of 4
Country (Canada) 13 of 16
Year (2021) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-16 Bandstra Transportation Systems

Smithers, British Columbia, Canada

Bandstra Transportation Systems provides a wide range of transportation and logistics services to communities in northern British Columbia including truckload; general freight; less-than-truckload; and specialized hauling services. Bandstra Transportation Systems operate a fleet of approximately 180 power units, 360 trailers, and 70 pieces of support equipment. Bandstra Transportation Systems was founded in 1955 and is based in Smithers, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-30 QuadExpress

Naperville, Illinois, United States

QuadExpress is a third-party logistics solutions partner dedicated to utilizing technology combined with diverse backgrounds and knowledge to develop custom transportation solutions. QuadExpress headquartered in Naperville, Illinois.

Buy $40M
Mergr

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