Parties
Company
Purolator Inc.
Company
Platinum Equity
Company
Livingston International
On February 4, 2025, Purolator completed its acquisition of Livingston International, a global trade services firm specializing in customs brokerage, freight forwarding, and trade consulting, from Platinum Equity. The transaction strengthens Purolator’s international logistics capabilities, particularly in Canada, the U.S., Mexico, Europe, and Asia, as businesses navigate evolving trade complexities.
Livingston, founded in 1945, has served over 30,000 businesses and has been a long-standing customs and trade partner for Purolator. The acquisition is expected to enhance service offerings and create a leading force in transportation and trade. Livingston will continue to operate as a wholly owned subsidiary under its existing leadership team.
Scotiabank acted as Purolator’s exclusive financial advisor, with Osler as legal counsel. Bank of Nova Scotia, BMO Capital Markets, and RBC Capital Markets arranged financing. Stikeman Elliott LLP provided legal counsel for Livingston, while Morgan Stanley & Co. LLC and RBC Capital Markets LLC served as financial advisors.
The transaction value was not disclosed.
Deal Type
Merger & AcquisitionIndustry
TransportationTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
04 February 2025