Fastfrate Group Acquires United Transfer Limited
February 3, 2022
Fastfrate Group has acquired United Transfer Limited, a Saskatoon-based transportation and warehousing company, effective February 3, 2022. The acquisition expands Fastfrate's footprint in Saskatchewan (Saskatoon and Regina), enhances its intra-West services and final-mile offerings, and follows a prior partnership between the two companies; United Transfer was owned by Paul Glover and Paul Rigby prior to the transaction.
- Buyers
- Fastfrate Group
- Targets
- United Transfer Limited
- Sellers
- Paul Glover, Paul Rigby
- Industry
- Logistics & Distribution
- Location
- Saskatchewan, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Fastfrate Group Acquires ASL Distribution Services Limited
February 16, 2021
Logistics & Distribution
Fastfrate Group has acquired ASL Distribution Services Limited, a Canadian transportation, warehousing, distribution and final-mile service provider. The purchase adds 13 terminals and final-mile hubs across Ontario, Quebec, Manitoba and into New York, and is projected to increase Fastfrate Group revenue by about $120 million in 2021 while immediately providing Fastfrate entry into the e-commerce final-mile market.
-
Fastfrate Group Acquires Majority Stake in Challenger Group
August 2, 2022
Trucking & Fleet
Fastfrate Group completed a majority acquisition of Challenger Group (Challenger Motor Freight) following Competition Bureau Canada approval, expanding Fastfrate's network across Canada and into the United States. Challenger will continue to operate independently under incoming CEO Jim Peeples while Fastfrate maintains existing management and staff.
-
Fastfrate Group Acquires Bestway Cartage and Bestway Global
August 1, 2020
Logistics & Distribution
Fastfrate Group acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, effective August 1, 2020. The purchase expands Fastfrate's cross-border capabilities and U.S. market footprint by integrating Bestway's Ontario–U.S. operations into Fastfrate's Woodbridge facility to provide end-to-end, closed-loop cross-border service.
-
Uber Freight Acquires Transplace from TPG Capital for $2.25B
July 22, 2021
Logistics & Distribution
Uber Freight has entered into a definitive agreement to acquire Transplace from TPG Capital for approximately $2.25 billion, consisting of up to $750 million in Uber common stock and the remainder in cash. The deal combines Uber Freight's large digitally-enabled carrier network with Transplace's managed transportation and shipper-facing technology to create a scaled end-to-end logistics platform and accelerate Uber Freight's path to profitability.
-
Canada Cartage Acquires Rapid Delivery
September 9, 2021
Transportation
Canada Cartage has acquired Rapid Delivery, a London, Ontario-based carrier with terminals in London and Windsor that provides truckload, expedited and dedicated transportation into Ontario and the U.S. Great Lakes states. Canada Cartage has retained virtually all former Rapid staff and drivers; Rapid owner Rob Ward is retiring but will remain in a consultative role to support the transition.
-
Gardewine Group Acquires Westman Courier & Freight
September 25, 2024
Logistics & Distribution
Gardewine Group Limited Partnership has entered into a definitive share purchase agreement to acquire Westman Courier & Freight, a Winnipeg-based regional courier and trucking operator. The deal, expected to close October 1, 2024, expands Gardewine's service network across Manitoba and into northwestern Ontario and gives Westman customers access to Gardewine's broader transportation, logistics and terminal network.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.