December 22, 2016 //
Stillwater Capital, an international investment banking firm providing merger, acquisition and financial advisory services is pleased to announce that Transplace Inc., a portfolio company of Greenbriar Equity Group, has acquired Oakville, Ontario based Lakeside Logistics Inc. This is the 10th transaction completed by Stillwater in 2016.
Lakeside is the pioneer of Canada’s emerging 4PL management market. It manages the supply chain networks of large blue clip manufacturing and distribution companies based in Canada. Lead by Jeff Moore, Lakeside transformed from a transaction based business model to become the Canadian leader in managing complex transportation systems for its clients. Stillwater represented the owners of Lakeside in the sale process.
Dallas-based 3PL Transplace made the deal to grow its North American footprint and meet its customers’ growing supply chain needs. This is Transplace’s latest effort to expand its northern territory in recent years, including the 2012 acquisition of Canadian 3PL Torus Freight Systems. Stillwater also represented the owners of Torus in the sale to Transplace.
“We believe that Lakeside is the crown jewel in the Canadian logistics industry. This transaction will provide Lakeside with instant access to Transplace’s US domestic transportation relationships and expansive technology platform. This will allow Lakeside to expand the geography of its service offerings to its client base and give it the critical mass to accelerate its growth into the US market.” said Douglas Nix, Chairman of Stillwater Capital. “We are passionate about maximizing value when we sell our clients’ businesses and building great companies through well thought out acquisition programs. This is the strongest market we have seen for sellers in our 60-year history. The market response for Lakeside was very robust and bodes well for others considering the sale of their business.”
Stillwater Capital is one of North America’s leading mid-market M&A advisors and experts in the Transportation and Logistics industry, having completed over 100 transactions in the past 18 years.
Stillwater is passionate about helping owners realize maximum value in the sale of their business. We believe that people who spend their lives building a company deserve the absolute best advice to ensure that hard work is rewarded in full.
Based out of Toronto, Canada, Stillwater is a member of the world’s premier professional advisory group, Geneva Capital Group, connected to 26,000 of the world’s best legal, accounting, and M&A professionals in over 750 offices in 140 countries.