Ovation Logistics

DELIVERING THE GOODS

Ovation Logistics is the Canadian leader in last-mile logistics for two-men home deliveries of large items. Handling over 800,000 “white glove” deliveries annually, Ovation Logistics optimizes delivery routes of several large Canadian retailers of furniture, appliances and electronic goods with the help of over 200 delivery teams across a dozen facilities.

THE TRANSACTION

Based on its outstanding services in Quebec, Ovation Logistics’s excellent reputation became the cornerstone of rapid growth elsewhere in Canada. The owner-managers chose to team up with Entrepreneur Capital given the partners’ experience in managing rapid growth and establishing national networks. The whole management team remained in place and maintains a significant ownership stake.

THE VALUE CREATION PLAN

The last-mile home delivery sector is highly fragmented; however there are undeniable advantages for retailers to use the services of a large service provider with critical mass which operates on a national scale. Due mainly to its dominant share of the Quebec market, Ovation Logistics is the Canadian market leader and is ideally positioned to become a major actor coast to coast, either through continued expansion or through strategic acquisitions.

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