M&A Deal Summary

Polaris Transportation Group Acquires PRI Logistics

On March 3, 2020, Polaris Transportation Group acquired transportation company PRI Logistics

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

M&A Deal Summary

Date 2020-03-03
Target PRI Logistics
Sector Transportation
Buyer(s) Polaris Transportation Group
Deal Type Add-on Acquisition

Target

PRI Logistics

Concord, Ontario, Canada
PRI Logistics, Inc. is a full-service logistics company that provides total trucking, intermodal and air transportation solutions. PRI Logistics was established in 2007 and is based in Concord, Ontario.

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Buyer(S) 1

Buyer

Polaris Transportation Group

Mississauga, Ontario, Canada

Category Company
Sector Transportation
DESCRIPTION

Polaris Transportation Group is a cross border LTL carrier serving every U.S. zip code and Canadian postal code on a daily basis. The Polaris Transportation Group comprises five operating divisions that are not only leading providers of cross border LTL but of global logistics and HAZMAT-certified warehousing and distribution. Polaris Transportation Group is based in Mississauga, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1