SeaFort Capital has made a majority investment in GHY International, enhancing GHY's capacity to expand its trade compliance and brokerage services amid a growing industry landscape.

Target Information

GHY International, comprising Geo. H. Young & Co. Ltd. and GHY USA Inc., is a prominent player in the North American trade compliance and brokerage services sector. Established in 1901 and headquartered in Winnipeg, Manitoba, GHY International excels in providing comprehensive support and guidance to North American companies engaged in international trade. The firm has built a robust reputation for delivering effective Customs Brokerage and Compliance Consulting tailored for North American importers.

Under the leadership of Co-CEOs Richard Riess and Chris Bachinski, GHY has sustained its legacy for over 123 years, emphasizing a commitment to exceptional service and an unwavering focus on client needs. Following SeaFort Capital's majority investment, Riess will retain a significant equity stake in GHY, while members of the current executive team will also become shareholders, ensuring continuity in leadership.

Industry Overview in Canada

Canada’s trade compliance and brokerage industry is evolving rapidly, driven by increasing globalization and the complexities associated with international trade regula