Novacap-backed GTI expands into US with Jetco acquisition

1 minute read
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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