TFI International Acquires MJ Lavoie
May 8, 2024
TFI International acquired Canada-based specialty truckload carrier MJ Lavoie, a waste hauler founded in 1992 that specializes in hauling compostable and recyclable materials and residential waste management. Terms were not disclosed; the deal is a small tuck-in intended to bulk up TFI’s truckload holdings ahead of an anticipated spin-off and follows its recent Daseke acquisition.
- Buyers
- TFI International
- Targets
- MJ Lavoie
- Industry
- Transportation
- Location
- Quebec, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
TFI International Acquires Keystone Western
December 3, 2024
Logistics & Distribution
TFI International has acquired Keystone Western, a Manitoba-based asset-based logistics provider specializing in truckload and less-than-truckload (LTL) services across Canada and the United States. Founder and CEO Norm Curtis sold the company to TFI; Keystone Western will gain access to TFI's resources, expanded equipment and a broader North American network.
-
TFI International Acquires CMW Express and FRL Express
August 14, 2024
Logistics & Distribution
Montreal-based TFI International has acquired two Canada-based carriers, CMW Express and its sister company FRL Express, expanding its TL and LTL footprint across Quebec, the Maritimes, Ontario and the eastern U.S. Terms were not disclosed; the deals are described as tuck-in add-ons as TFI continues a spree of smaller regional acquisitions while integrating prior larger deals.
-
TFI International Acquires Hercules Forwarding
March 11, 2024
Trucking & Fleet
TFI International has acquired Hercules Forwarding, a family-owned Less-Than-Truckload (LTL) carrier that operates a 31-terminal network across the U.S. and Canada. The bolt-on deal strengthens TFI's U.S. LTL footprint and cross-border capabilities by adding Hercules' fleet, terminals and expertise in US–Canada shipments.
-
TFI International Acquires JHT Holdings
August 7, 2023
Logistics & Distribution
TFI International agreed to acquire JHT Holdings, an asset-light North American logistics and transportation provider that specializes in transporting Class 6-8 trucks from OEMs to dealers and end customers. JHT, based in Pleasant Prairie, Wisconsin, operates a 25-terminal network (8 owned), generates more than US$500 million in annual revenue, and is expected to close in the third quarter subject to customary adjustments.
-
TFI International Acquires Siemens Transportation Group and Hot Line Freight Systems
May 1, 2023
Transportation
TFI International announced it has agreed to acquire Siemens Transportation Group (STG) and has completed the acquisition of Hot Line Freight Systems to expand its Less-Than-Truckload (LTL) footprint across Canada and the United States. STG, a family-owned Saskatoon-based LTL operator with roughly C$150 million in annual revenue and 15 terminals, will remain managed by Doug Siemens; Hot Line, a Wisconsin-based specialized LTL provider with nearly 200 employees and 14 terminals, will be managed by Paul Burgmeier under TFI's LTL segment.
-
TFI International Acquires Toronto Tank Lines
February 19, 2019
Transportation
TFI International Inc. has acquired Toronto Tank Lines (TTL), a Hamilton, Ontario–based specialist in transporting and storing food-grade liquids, industrial chemicals, specialty oils and waxes. TTL will operate as a standalone business unit within TFI, adding tank storage, transloading and specialized liquid-freight capabilities to TFI’s North American tanker network.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.