Novacap-backed GTI Transport Solutions acquires division of Precision Truck Lines

11 February 2019

On February 11, 2019, GTI Transport Solutions Inc. ("GTI"), a Novacap-backed company, announced that it was acquiring the business of Precision Specialized Division Inc. ("PSD"), a division of Precision Truck Lines Inc.

Located in Woodbridge, Ontario, PSD is a leader of open-deck and heavy haul transportation in the province.

GTI 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.

Founded in 1981, Novacap is a leading Canadian private equity firm with $2.3 billion of assets under management.

Gowling WLG advised Novacap with a team led by Rafal Wrzesien that included, among others, Ingrid Anton, Mathieu Santos-Bouffard and Emilie Clairoux (corporate/M&A).


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.