Ziing Acquires Metroland Parcel Services from TorStar

MacLean Power Systems to Acquire Delta Star

September 1, 2026

Manufacturing

MacLean Power Systems signed a definitive agreement to acquire Delta Star, a manufacturer of power transformers, mobile and unitized substations, and related field services. Existing MPS sponsors Blackstone Energy Transition Partners, Blackstone Capital Partners, and Centerbridge Partners are expected to make substantial additional investments to fund the acquisition; the deal is expected to close in the fourth quarter of 2026.

Nippon Express Holdings to Acquire Metro Supply Chain Group

April 24, 2026

Transportation

Nippon Express Holdings, Inc. (NX Group) has entered an agreement to acquire 100% of Metro Supply Chain Group Inc., a third-party logistics provider based in Montreal. The deal is valued at CAD 1.8 billion on an enterprise value basis, with potential earn-out payments of up to CAD 400 million tied to performance targets.

Nippon Express Holdings Acquires Metro Supply Chain Group for Up to CAD 2.2B

April 17, 2026

Transportation

Nippon Express Holdings (NX Group) agreed to acquire all shares of Metro Supply Chain Group Inc., a Montreal-headquartered third-party logistics (3PL) provider, in a deal valued at CAD 1.8 billion enterprise value plus potential earnout payments up to CAD 400 million. The transaction is expected to close in the coming months, subject to regulatory approvals. NX Group expects the acquisition to expand its North American footprint and enhance end-to-end logistics capabilities while Metro keeps its Montreal HQ and management team.

Metro Supply Chain Acquires SCI Group

January 9, 2024

Logistics & Distribution

Metro Supply Chain Inc. has entered into an agreement to acquire SCI Group Inc. from Canada Post Corporation and Purolator Holdings Ltd., strengthening Metro's position as a leading North American strategic contract logistics provider. The acquisition adds new verticals and capabilities (including expanded e-commerce and sector coverage) to Metro's offering, and SCI's CEO Chris Galindo will remain with the combined entity.

Evergreen Services Group Acquires Starport Managed Services

May 4, 2021

IT Services

Evergreen Services Group, a U.S.-based holding company focused on technology services, has acquired Starport Managed Services, a Toronto-area managed service provider. The deal represents Evergreen’s first MSP investment in Canada and expands its portfolio of managed IT, cybersecurity, and cloud services capabilities in the region.

Pilot Freight Services Acquires Metro New York Franchise

November 4, 2020

Logistics & Distribution

Pilot Freight Services, a Glen Mills, Pennsylvania–based transportation and logistics provider backed by ATL Partners and British Columbia Investment Management Corporation (BCI), acquired the Metro New York franchise effective November 1, 2020. The franchise and its employees will be integrated into Pilot to increase the company’s operational control and capacity in the high-volume Metro New York inbound and last-mile market, expanding its heavy/bulky and white-glove delivery capabilities.