Swift Delivery Systems Canada Ltd. Acquires Atripco Delivery Service Ltd.

FP Partners Acquires Swift Messenger Delivery Systems Canada Ltd

May 15, 2024

Transportation

FP Partners completed its acquisition of Swift Messenger Delivery Systems Canada Ltd. (Swift), a regional multi-service carrier serving the Ottawa–Gatineau area, with the deal closing in March 2024 (financial terms undisclosed). The parties aim to leverage FP Partners’ operational expertise to build a transport and logistics platform and support Swift’s next growth phase.

Blackline Safety Acquires Swift Labs

March 31, 2022

Engineering Services

Blackline Safety Corp. acquired Ontario-based IoT design and engineering consultancy Swift Labs Inc. for total consideration of $5 million (cash and shares), with the transaction closing on March 31, 2022. The acquisition expands Blackline's product development capacity and brings Swift Labs' IoT, wireless and embedded systems expertise into Blackline's connected worker portfolio.

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.

Knight-Swift Acquires AAA Cooper Transportation

July 5, 2021

Transportation

Knight-Swift Transportation Holdings Inc. acquired 100% of Dothan, Alabama-based AAA Cooper Transportation, a leading less-than-truckload (LTL) carrier. The $1.35 billion transaction (including assumed debt) is intended to provide Knight-Swift an LTL growth platform and is expected to be immediately accretive to adjusted EPS while preserving AAA Cooper's independent operations and leadership.

Canada Cartage Acquires Stalco Inc.

January 11, 2021

Logistics & Distribution

Canada Cartage has acquired Stalco Inc., a Toronto-based third-party logistics provider specializing in e-commerce fulfillment, inventory management, and cross-border shipping. Stalco will operate under its existing brand and be integrated with Canada Cartage’s fulfillment and distribution division (CCLS), with existing staff and management remaining in place.

GTI Transport Solutions Acquires Jetco

May 16, 2019

Transportation

GTI Transport Solutions Inc., a portfolio company of Novacap, has acquired Jetco, a Houston-based trucking and intermodal carrier. The acquisition—advised by Cleary Gull on behalf of Jetco—expands GTI's U.S. footprint, deepens its geographic reach in Texas and establishes a North–South corridor with GTI's Canadian operations; Jetco's CEO Brian Fielkow will remain in place.