Transplace Canada's Parent Trades Up PE Backers
Richmond Hill, Ontario-based transportation services manager Transplace Canada, formerly Torus Freight Systems Ltd., has a new private equity backer following the decision of the company's Frisco, Texas-based parent, Transplace Inc., to partner with New York's Greenbriar Equity Group. The financial terms of the deal were not disclosed. Torus Freight Systems was acquired in December 2012 for an undisclosed sum by Transplace and its previous private equity owner, CI Capital Partners.
31 May 2013•4 mins read
