M&A Deal Summary |
|
|---|---|
| Date | 2021-01-25 |
| Target | TForce Freight |
| Sector | Transportation |
| Buyer(s) | TFI International |
| Sellers(s) | UPS |
| Deal Type | Divestiture |
| Deal Value | 800M USD |
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| Category | Company |
|---|---|
| Founded | 1957 |
| Sector | Transportation |
| Employees | 25,005 |
| Revenue | 7.5B USD (2023) |
TFI International is a North American leader in the transportation and logistics industry, operating across Canada and the United States through its subsidiaries. TransForce creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned, operating subsidiaries. Under the TransForce umbrella, companies benefit from financial and operational resources to build their businesses and increase their efficiency. TFI International was incorporated in is based in Saint-Laurent, Quebec.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 35 |
| Sector (Transportation) | 23 of 30 |
| Type (Divestiture) | 9 of 9 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 12 of 16 |
| Year (2021) | 1 of 2 |
| Size (of disclosed) | 2 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-31 |
Keith Hall & Sons Transport
Burford, Ontario, Canada Keith Hall & Sons Transport is a family-owned and operator of transportation businesses. Keith Hall & Sons Transport was founded in 1965 and is based in Burford, Canada. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-29 |
D&D Sexton
Carthage, Missouri, United States D&D Sexton is a family-owned business operating for more than 40 years, specializing in refrigerated transportation and serving a long-standing customer base with both long-haul over-the-road services as well as local and shuttle operations. D&D has more than 150 company drivers and owner-operators, and close to 40 non-driving employees. D&D Sexton is based in Carthage, Missouri. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1907 |
| Sector | Transportation |
| Employees | 500,000 |
| Revenue | 91.0B USD (2023) |
UPS is a provider of logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. UPS serves more than 220 countries and territories worldwide. UPS was founded in 1907 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector (Transportation) | 1 of 2 |
| Type (Divestiture) | 4 of 5 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 4 of 5 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-02 |
ShopRunner
King of Prussia, Pennsylvania, United States ShopRunner, Inc. is a provider of e-commerce platform for various consumer products. ShopRunner was founded in 2009 and is based in King of Prussia, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-08 |
Bomi Group
Spino d’Adda, Italy Bomi Group runs cutting-edge transport, warehousing, and supply chain management services for healthcare companies ranging from pharmaceutical and medical equipment manufacturers to hospitals, testing laboratories, and outpatient service providers. Bomi Group was formed in `1985 and is based in Spino d’Adda, Italy. |
Buy | - |
