Blue Wolf Capital Partners LLC, a middle-market private equity firm specializing in the industrial and healthcare sectors, has completed its acquisition of Montreal-based LOGISTEC Corporation.
Stonepeak, an alternative investment firm specializing in infrastructure and real assets, partnered with Blue Wolf to execute the acquisition. This demonstrates the combined expertise and resources available to support LOGISTEC's future growth. LOGISTEC's currently operates in 60 ports and 90 terminals across North America, providing specialized services to a diverse global customer base. Both Blue Wolf and Stonepeak expressed their commitment to supporting LOGISTEC's continued growth and expansion. The transaction was announced in October 2023 and valued at approximately CAD 1.2 billion (USD 897 million).