Greenbriar Equity-owned Transplace buys Lakeside Logistics

U.S. logistics services company Transplace Inc has bought Lakeside Logistics Inc, an Oakville, Ontario provider of customized managed transportation services and solutions. No financial terms were disclosed for the acquisition, which will see Lakeside become part of its acquirer's transportation management business. Transplace, which is based in Frisco, Texas, said the deal expands its geographic footprint in Canada. Transplace is owned by Greenbriar Equity Group, a U.S. private equity firm. Greenbriar bought the company from CI Capital Partners in May 2013.

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