Wind Point-backed Dicom Transportation buys Modern Forwarding
Dicom Transportation Group, a portfolio investment of U.S. private equity firm Wind Point Partners, has bought Modern Forwarding. No financial terms were disclosed. KPMG LLP served as an advisor to Wind Point and Dicom on the transaction, while AIM Group Canada was a financial advisor to Modern Forwarding. Based in Windsor, Ontario, Modern Forwarding is a provider of regional truckload transport services with a focus on U.S.-Canada cross-border business. Update: The Montréal-based Dicom, a transportation and logistics company, was acquired by Wind Point in March 2014. Last November, Dicom purchased Time Logistics Couriers LLC.
23 March 2015•3 mins read
