Expedited logistics provider Dicom Transportation Group purchased Advanced Distribution for an undisclosed sum, Dicom announced Feb. 11.
Advanced Distribution is an asset-light provider of dedicated delivery services and uses a network of cross-dock facilities and fleets to provide last-mile delivery in major metro areas throughout the Mississippi River Valley and the Great Lakes region.
Montreal-based Dicom is a unit of private equity firm Wind Point Partners and specializes in business-to-business transportation. It has divisions operating in express, freight and logistics.
"Advanced represents our largest add-on acquisition to date and significantly expands Dicom's scope of service," said Konrad Salaber, a principal at Chicago-based Wind Point. "With more than 50 facilities, 2,500 dedicated delivery providers and well over $400 million [Canadian] in annual sales, Dicom is emerging as one of North America's leading transportation and logistics companies."