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FP Partners Acquires Swift to Build Logistics Excellence

Toronto, Ontario – FP Partners, (“FP Partners”), a spinout from FirePower Capital, is thrilled to announce that it completed the acquisition of Swift Messenger Delivery Systems Canada Ltd. (“Swift” or the “Company”). The transaction closed March 202

FP Partners Acquires Swift to Build Logistics Excellence
Supply Chain Xchange Staff
By Supply Chain Xchange StaffMay 15, 2024
Supply Chain Xchange Staff
See Full Bio

FP Partners Acquires Swift to Build Logistics Excellence
Toronto, Ontario – FP Partners, (“FP Partners”), a spinout from FirePower Capital, is thrilled to announce that it completed the acquisition of Swift Messenger Delivery Systems Canada Ltd. (“Swift” or the “Company”). The transaction closed March 2024. Financial terms of the transaction were not disclosed.
Since 1980, Swift has been a leading multi-service regional carrier across the Greater Ottawa and Gatineau area, providing local freight and same-day delivery to a growing dedicated and on-demand customer base.
“FP Partners’ depth of expertise in building businesses made them an ideal choice to partner with and guide the company through its next growth phase,” says Daniel Gonsenhauser, incoming CEO of Swift. “Our mutual desire to leverage Swift’s stellar reputation and industry expertise to build a world class transport and logistics platform, delivering best-in-class service, is incredibly exciting.”
“We are extremely proud to partner with Daniel Gonsenhauser. Daniel brings domain expertise with previous experience in the sector and will lead and grow the business to support Swift's next stage of growth,” said Anthony Lipschitz, Partner and Head of Private Equity at FP Partners.

About FP Partners
FP Partners, a Toronto-based specialist equity and debt provider, invests in the North American lower-middle market. FP Partners employs a hands-on, relationship-based approach, utilizing its management team's expertise in operational management and strategic development to actively enhance the businesses it acquires. Industry-agnostic yet strategically focused, FP Partners is dedicated to transforming businesses into thriving enterprises with sustainable competitive advantages. www.fppartners.ca
About Swift Delivery Systems
Since 1980, Swift has led the way in offering premium delivery choices for Ottawa-Gatineau, Eastern Ontario, and West Quebec. The Company’s diverse customer base takes advantage of our many service offerings and equipment. We provide heavy equipment services, including flatbed trucks with Moffett, straight trucks, Sprinters, and full-size cargo vans, as well as mini-vans and cars.
Whether delivering envelopes, small packages, crates, pipe, or pallets of general freight, Swift delivers every shipment securely, on time, and intact.
https://swiftexp.com/

Media contact:
Rieshdah Gabier
Director, Business Development & Marketing
rgabier@fppartners.ca

https://fppartners.ca/our-track-record?modal=fp-partners-acquired-swift-delivery-systems
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