Novacap-backed GTI expands into US with Jetco acquisition

13 May 2019

On May 13, 2019, Novacap announced that its portfolio company GTI Transport Solutions Inc. ("GTI") had completed the acquisition of Houston-based Jetco Delivery LLC ("Jetco").

GTI is a leading provider of open-deck, specialized and over-dimensional freight services with fully equipped transportation terminals in Quebec and Ontario and 300,000 sq. ft. of specialized warehousing. Jetco is a transporter offering flatbed, heavy-haul, intermodal, logistics, and specialized loads in the Texas region and across the United States.

Founded in 1981, Novacap is a leading Canadian private equity firm with $2.8 billion of assets under management.

Gowling WLG advised Novacap with a team led by Rafal Wrzesien that included Ingrid Anton, Georgi Paskalev and Emilie Clairoux (corporate/M&A) and notary Marie-Josée Leclerc, assisted by student-at-law Julie Djiezion.


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