13.1 C
Vancouver
Saturday, May 15, 2021

TransForce Acquires Canadian Operations of K.A.S. Personnel Services

TransForce, Inc., North America’s leading staffing firm specializing in quality commercial truck drivers, acquired the assets of K.A.S. Personnel Services (KAS). KAS is a leading provider of high-quality commercial truck drivers and other transportation personnel based in Mississauga, Ontario. KAS has been serving the transportation industry for almost 30 years in the Ontario market. While this is TransForce’s sixth acquisition in the last 36 months, it is the first international acquisition.

“TransForce is extremely excited about this acquisition. KAS is a well-established provider of quality drivers in the Ontario market and we are very pleased to have the opportunity to offer our US-based clients additional support across the border in Canada,” said David Broome, President and CEO of TransForce.

“The KAS management team brings decades of experience in providing truck drivers and logistics personnel services. I feel that TransForce mirrors our dedication to the transportation industry and I believe by joining TransForce’s North America footprint we can offer a more complete service to our customers,” said Kirk Schizas, CEO of K.A.S. Personnel Services. TransForce will continue to operate in Ontario as KAS Staffing LTD.

“KAS is our sixth acquisition in the last 36 months. Along with organic growth, we continue to seek acquisitions with like-minded companies such as KAS, that are market leaders in providing high-quality professional drivers to the industry,” said David Broome, President and CEO of TransForce. TransForce was advised in this transaction by its equity partners, Palladium Equity Partners, its financing partner, M&T Bank and Wildeboer Dellelce LLP based in Toronto. It was sourced by Transportation and Logistics Advisors of Lake Forest, Illinois.