Acquiring Company
TFI International
Acquired Company
STG
Description
TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced acquisition of Siemens Transportation Group (“STG”), a family-owned business providing a total supply chain solution spanning North America, that now operates within TFI International's Less-Than-Truckload segment.
Quick answer
TFI International is acquiring STG, announced July 13, 2023. TFI International is based in Montreal, Quebec, Canada.
- How much did TFI International pay for STG?
- The deal value was not disclosed.
- What does TFI International do?
- TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries.
- Where are TFI International and STG based?
- TFI International is based in Montreal, Quebec, Canada. STG is based in Menlo Park, California, United States.
- Who are the decision-makers at TFI International?
- Fundz holds 1 contact at TFI International. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Oil And Gas and Transportation
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- Knight-Swift Transportation Closes Acquisition Of U.S. Xpress Enterprises And Provides Update On Market Conditions (July 5, 2023)
- Tfi International Completes Previously Announced Jht Acquisition (August 16, 2023)
- Energy Transfer To Acquire Crestwood In A $7.1 Billion All-Equity Transaction, $7.1B (August 16, 2023)
- Angeles Equity Partners Acquires Custom Goods (August 1, 2023)
- Fresh2 Group Ltd. Completes Acquisition Of Speedin Inc, A Delivery Service Provider (July 28, 2023)
- Oneok Announces Filing Of Definitive Proxy Statement In Connection With Its Pending Acquisition Of Magellan Midstream Partners (July 25, 2023)
Who to call at TFI International, and when
When TFI International changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day TFI International raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TFI International, from your own LinkedIn network
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Related People
Frequently asked
Who acquired STG?
STG was acquired by TFI International, based in Montreal. The deal was reported on July 13, 2023. TFI International Inc. is a North American leader in the transportation and logistics industry, operating across the United States and Canada through its subsidiaries. TFI International is publicly traded (TFII) and operates in Oil And Gas.
When did TFI International acquire STG?
TFI International's acquisition of STG was reported on July 13, 2023. TFI International Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does STG do?
STG is a private equity firm focused on funding innovative software and software-enabled tech services leaders in the mid-market. It is privately held, and is based in Menlo Park.
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