Transaction Announcement - Excel Transportation
Mississauga, ON: Distinct Capital Partners Inc. is pleased to announce the acquisition of its client, Excel Transportation, by TFI International Inc. Since 1991, Excel has offered a full range of transportation and logistics services throughout Central and Southern Ontario. TFI International, listed on the Toronto and New York Stock Exchanges, is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries.
Distinct Capital was engaged by Roy McCullough, the founder and owner of Excel, to assist him with succession planning and to source a potential purchaser who would ensure the continuation of Roy’s legacy built over the past 30 years. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with due diligence and negotiations to successfully complete the transaction.