PE-Backed Livingston closes buy of customs broker Advantex Express

Toronto-based Livingston International Inc, a specialist in customs brokerage and trade compliance, has completed its previously announced purchase of assets of Advantex Express Inc and its two related U.S. entities. Financial terms of the transaction were not disclosed. Advantex is a transportation services and customs brokerage company with headquarters in Mississauga, Ontario. Livingston was taken private for $324 million by Canada Pension Plan Investment Board and U.S. private equity firm Sterling Partners in 2010.

16 October 2013•2 mins read
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