Operating Company Transportation & Logistics

Fastfrate Group

Woodbridge, Ontario, Canada

Privately held transportation and supply-chain provider offering end-to-end logistics including intermodal LTL and TL, international freight forwarding, customs brokerage, cross-border services, drayage and transload, warehousing and distribution, and final-mile deliveries across North America.

Focus Areas
Intermodal LTL and TL, Truckload (TL), International freight forwarding

Tracked deals

6

6 tracked deals across 2020-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout

Fastfrate Group Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Fastfrate Group. 1 2020 1 2021 2 2022 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Fastfrate Group
    Target
    Jardine Transport Group
    Seller
    SeaFort Capital Inc., Certain members of the Jardine Transport Group executive team
    Industry
    Transportation
    Location
    Nova Scotia, Canada
    Type
    Buyout

    Fastfrate Group acquired 100% of Jardine Transport Group from SeaFort Capital Inc. and certain members of Jardine’s executive team. The deal strengthens Fastfrate’s truckload, LTL, logistics, warehousing, and distribution capabilities while expanding Fastfrate’s presence in key Canadian markets.

  • Buyer
    Fastfrate Group
    Target
    Omnitrans Inc., Metro Customs Brokers Inc., Omnitrans China Ltd.
    Industry
    Transportation
    Location
    Quebec, Canada
    Type
    Buyout

    Fastfrate Group entered into a definitive agreement to acquire Omnitrans Inc., including its subsidiaries Metro Customs Brokers Inc. and Omnitrans China Ltd. The deal expands Fastfrate’s logistics portfolio beyond North America into international freight forwarding and customs brokerage, with capabilities designed to move shipments between Asia and North America. The transaction was later reported as completed following Competition Bureau Canada approval.

  • Buyer
    Fastfrate Group
    Target
    Challenger Group (Challenger Motor Freight)
    Industry
    Trucking & Fleet
    Location
    Ontario, Canada
    Type
    Buyout

    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.

  • Buyer
    Fastfrate Group
    Target
    United Transfer Limited
    Seller
    Paul Glover, Paul Rigby
    Location
    Saskatchewan, Canada
    Type
    Buyout

    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.

  • Buyer
    Fastfrate Group
    Target
    ASL Distribution Services Limited
    Location
    Ontario, Canada
    Type
    Buyout

    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.

  • Buyer
    Fastfrate Group
    Target
    Bestway Cartage Limited, Bestway Global Limited
    Location
    Ontario, Canada
    Type
    Buyout

    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.

Related Acquisition Pages

Selling a company? Get in front of buyers like Fastfrate Group

Turn tracked acquisition activity into an outreach-ready buyer list.