Tracked deals
6
6 tracked deals across 2020-2026.
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.
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
Last 4 years
Supporting Data
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.
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.
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.
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.
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.
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.
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