Mill Street acquires remaining equity in Fastway Group

Mill Street & Co has acquired the remaining shares of The Fastway Group, a North York, Ontario-based supplier of building and construction products to the construction, trades and industrial markets. No financial terms were released. Mill Street, a Canadian private investment firm, first bought into Fastway in 2016. Tom Siklos has assumed the role of president and CEO of Fastway. The company's founder, Geoff Reed, will take on the role of vice president, development, at Mill Street. Earlier this year, Crown Capital Partners provided a 10-year loan of $10 million to Mill Street.

24 October 2018•2 mins read
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