PE-Backed TransForce Buys PE-Backed Velocity Express
TransForce Inc., a Saint-Laurent, Québec-based provider of transportation and logistics services, acquired the shares and subsidiaries of Velocity Express LLC, a Stafford, Texas-based company operating in the same industry sector. The terms of the transaction were not released. Velocity Express has been a portfolio company of US private equity firm Comvest Partners. TransForce is backed by Fonds de solidarité des travailleurs du Québec (FTQ).
12 February 2013•2 mins read
