GE Antares Provides C$62MM Senior Secured Credit Facility to one of Largest Privately...

GE Antares Provides C$62MM Senior Secured Credit Facility to one of Largest Privately Owned Providers of Transportation and Logistics in Canada

CHICAGO--(Business Wire)--GE Antares today announced it served as administrative agent for a
C$62 million senior secured credit facility to support the acquisition
of Consolidated Fastfrate Inc., Canada Drayage Inc., and Koch
Transport (together, "Fastfrate") by Fenway Partners and management.
The facility, consisting of a term loan and revolver, was used to
complete the target acquisitions and provide for future working
capital needs. GE Capital Markets Canada served as lead arranger.

Fastfrate is one of the largest privately owned providers of
transportation and logistics in Canada, employing more than 1,500
people and transporting more than 2 billion pounds of freight
annually. Founded in 1966, Fastfrate has grown into a diversified
transportation company with a menu of services including LTL and
truckload from any point to any point within Canada and the Northeast
and Midwest United States, national drayage and cartage, warehousing,
transloading on both the east coast and the west coast, special
operational direct ship programs for retailers, and third party
logistics. Fastfrate is the largest LTL intermodal carrier in Canada
with a unique and 40-year relationship with Canadian Pacific Railway.

"Fenway Partners is an important partner to GE Antares. We are
delighted to work with Fenway as they continue to capitalize on
acquiring businesses to build the industry-leading logistics and
transportation platform," said Dan Glickman, Managing Director of GE
Antares.

Marc Kramer, Managing Director at Fenway Partners said, "We
appreciate GE Antares' ongoing commitment to working with Fenway and
Fastfrate's management team. GE Antares has financed several of our
portfolio companies and we look forward to working with them on future
transactions."

About Fenway Partners

Fenway Partners, Inc. is a middle market private equity firm with
offices in New York and Los Angeles and approximately $2.0 billion
under management. Fenway invests in profitable businesses with
significant upside potential. Fenway companies typically have leading
franchises and operate in two core industry segments, branded consumer
products and transportation/logistics. With significant knowledge and
success investing in these industries, Fenway has built a strong
reputation for its hands-on approach to supporting its portfolio
companies which include sporting goods manufacturer Easton Bell
Sports, school yearbook and class ring manufacturer American
Achievement, transportation and logistics provider Greatwide
Logistics, expedited ground transportation provider Panther Expedited
Services and intermodal logistics service provider RoadLink USA. For
further information about Fenway Partners, please visit
www.fenwaypartners.com.

About GE Antares Capital

GE Antares Capital is a unit of GE Commercial Finance - Global
Sponsor Finance. With over $10 billion in assets, and offices in
Chicago, London, Los Angeles, New York, and San Francisco, GE Antares
offers a "one-stop" source for GE's lending and other services offered
to middle market private equity sponsors. For more information, please
visit www.geantares.com.

About GE Commercial Finance

GE Commercial Finance, which offers businesses around the globe an
array of financial products and services, has assets of approximately
$300 billion and is headquartered in Norwalk Connecticut. GE (NYSE:
GE) is Imagination at Work - a diversified technology, media and
financial services company focused on solving some of the world's
toughest problems. With products and services ranging from aircraft
engines, power generation, water processing and security technology to
medical imaging, business and consumer financing, media content and
advanced materials, GE serves customers in more than 100 countries and
employs more than 300,000 people worldwide. For more information,
visit the company's website at www.ge.com.

GE Commercial Finance, Norwalk
Ned Reynolds, 203-229-5717
ned.reynolds@ge.com

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