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CI Capital Buys Transplace
8 hours ago ago from PE Hub News: All News
CI Capital Partners has acquired Transplace , a provider of non-asset-based third party logistics and transportation management services. No financial terms were disclosed. Transplace was founded in 2000 by six U.S. frieght carriers, and this year will generate more than $700 million in revenue from approximately 650 customers. PRESS RELEASE CI Capital Partners LLC, a New York-based private investment firm, and J.B. Hunt Transport ...
Related contentVaultLogix Receives Minority Equity Investment from WestView Capital Partners
12 hours ago ago from FinSMEs
VaultLogix, LLC, a Danvers, MA-based provider of online data backup and disaster recovery services to the small and medium-sized business market, has received a minority equity investment from WestView Capital Partners. WestView, a Boston-based private equity firm focused on lower middle market companies, joins existing investor London Bay Capital. Commenting on the funding, Tim Hannibal, founder and CEO of VaultLogix, ...
Related contentVLST Cuts Jobs To Preserve Cash, Still Feeding Novo Nordisk Pipeline
19 hours ago ago from Xconomy
Biotech , Layoffs , startups Luke Timmerman wrote: VLST, the Seattle-based biotech company seeking new ways of treating autoimmune diseases, has recently completed a round of layoffs. I received a tip that the company eliminated about 30 percent of its workforce in recent weeks. CEO Marty Simonetti confirmed that job cuts have occurred, but wouldn't say how many people were let go or which departments were affected. The company ...
Related contentKaspersky Lab looking at expanding India operations
10 hours ago ago from Read It India | Business, Politics and Social News & Press Releases
Kaspersky Lab, an anti-virus software, and Internet security solutions company, is expanding its India presence. The company, currently claims a 20-25 percent (jointly business and consumer segment) market share in India's anti-virus market., Currently they have Hyderabad-based Zoom Technologies as the national distributor for all its products but the company is now looking for new partners as a part of there expansion plan . Alexander ...
Related contentOffshore Software Development India
13 hours ago ago from QCon Shanghai Conferences News
Offshore software development, India! : Making the choice andmaking IT work! - Advantage This article is designed to assist companies who are looking forOffshore Software Development partners In India in particular orin low cost countries in general. The paper covers the mechanicsof finding an offshore software development partner, setting upthe relationship and ensuring a successful and long-termpartnership. Benefits of Offshore Software ...
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