September 27, 2019

Filing Type:

Trustee: Grant Thornton



FTI Holdings, a London, Ontario-based trucking company, along with certain related companies, filed for bankruptcy on September 27, listing $18.9 million in liabilities, including $15.5 million to U.S. Bank and $1.1 million to HCI Equity Partners, a Washington, D.C.-based private equity firm which acquired the company in 2014 with a plan to merge it with another of its portfolio companies, Denver, Colorado-based HVH Transportation. However in August 2019, for various reasons both companies shut down. Grant Thornton was appointed bankruptcy trustee of the Canadian companies.