Blue Wolf Capital and Stonepeak Acquire LOGISTEC Corporation
January 9, 2024
Blue Wolf Capital Partners, in partnership with Stonepeak, has completed the acquisition of Montreal-based LOGISTEC Corporation for approximately C$1.2 billion, taking the company private. Blue Wolf has committed to keep LOGISTEC's head office in Québec and plans more than C$200 million in capital expenditures and growth initiatives to expand the marine terminal and environmental services business.
- Buyers
- Blue Wolf Capital Partners, Stonepeak
- Targets
- LOGISTEC Corporation
- Sellers
- Sumanic Investments Inc.
- Industry
- Transportation
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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