TransForce, Inc., North America's leading staffing firm specializing in quality commercial truck drivers, has 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 inMississauga, Ontario. KAS has been serving the transportation industry for almost 30 years in the Ontariomarket. 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.
About TransForce TransForce was founded in 1991 and has operations across North America. TransForce specializes in providing high-quality commercial truck drivers to the transportation industry, including trucking companies, third party logistics companies and private fleets. TransForce also offers Department of Transportation (DOT) compliance services that include DOT audit preparedness, file qualification services and training, and federal motor carrier regulation education. TransForce is the only North American staffing company exclusively devoted to the transportation industry. Accordingly, TransForce provides a high level of expertise with respect to both employing highly-skilled truck drivers and understanding the regulatory requirements that apply to truck drivers. No other staffing company can provide such an exclusive focus.
