U.S. private equity firm buys stake in Dicom Transportation, names new CEO The Canadian Press Mon, 10 Mar 2014 05:02:00 CST More Sharing ServicesShare | Share on facebook Share on delicious Share on google Share on twitter Share on email MONTREAL - Montreal-based trucking company Dicom Transportation Group has a new majority investor — U.S. private equity firm Wind Point Partners. Wind Point says Dicoms co-founder, Peter Overing, will retire as chief executive officer but the rest of Dicoms management will stay in place. Dicoms new CEO, Scott Dobak, has worked 28 years in the trucking and delivery industry including at RoadRunner Transportation. Dicoms board will have several directors with experience at larger transportation companies including a former CEO of Purolator. Wind Point says it expects to grow Dicom through a robust acquisition program. It says financing was arranged by Fifth Third Bank and the Desjardins financial group with participation from Laurentian Bank and others.
Posted on: Wed, 12 Mar 2014 00:29:46 +0000
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