Equicapita acquires majority of logistics business Wingenback
Canadian private equity firm Equicapita has acquired a 70 percent interest in Wingenback Inc, a Calgary-based industrial and commercial logistics business, for an undisclosed amount. The deal, which will support the company's growth, saw Equicapita partner with Wayne Wingenbach, who will remain as president, and the management team. Established in 1975, Wingenback provides businesses and organizations in Canada with solutions in ATM-related products, industrial moving and project management services. It has customers in a range of industries, including financial services. The acquisition is Equicapita’s twelfth to date and its first in the industrial and commercial logistics space.
8 August 2019•3 mins read
