PE-backed Livingston acquires Affiliated Customs Brokers

Livingston International Inc has acquired Affiliated Customs Brokers Ltd, a Canadian customs brokerage and freight forwarding specialist with operations across North America. No financial terms were released. Toronto-based Livingston, a provider of customs brokerage, transportation and logistics services, said the deal will strengthen its offerings in both Canada and the United States, adding particular strength in the Québec market. Livingston is a portfolio company of Canada Pension Plan Investment Board and U.S. private equity firm Sterling Partners. The latter took the company private for $324 million in January 2010.

DealsCanadaNorth AmericaBriefs