Tepper Holdings Acquires Majority Interest in Fastfrate from Fenway Partners

Tepper Holdings — an investment company controlled by Ron Tepper, the chairman and CEO of the Ontario-based transportation and logistics services provider Fastfrate Holdings — has acquired a majority interest in Fastfrate from Fenway Partners, a middle-market PE firm based in New York. Terms of the deal aren’t being disclosed but Fastfrate’s board has unanimously supported it.