An affiliate of New York-based private investment firm CI Capital Partners has acquired Transplace, a provider of non-asset based third party logistics and transportation management services. Terms of the transaction were not disclosed. Founded in 2000 by six of the largest freight carriers in the US, Transplace helps its customers

State Street has signed an acquisition agreement with Intesa Sanpaolo, one of Italy’s premier banking groups, to acquire its securities services business, ISPSS, for approximately EUR1.28bn (USD1.87bn) in cash at closing. State Street expects to support the acquired ISPSS balance sheet with approximately EUR560m (USD800m) of additional capital at the

Matrix Private Equity Partners has invested GBP4.3m in the management buyout and recapitalisation of Iglu.com, the UK’s largest ski and fastest growing cruise holiday travel agent.  Matrix provided both the equity and the debt for the transaction, which is its second new investment in four days.   Iglu.com founder and

BridgeCo, a provider of networked entertainment technology, has received a USD7.5m investment to support the rapid growth in connected home audio. The financing was led by existing investor Earlybird Venture Capital and private investor Christian Wenger, along with a new private investor Brian Long (pictured), a general partner with private

Robert Coleman, chief executive officer of Six3 Systems, and private equity firm GTCR have acquired BIT Systems. In April 2009, through the CEOVisions Acquisition Services programme, Cook M&A Advisory Services partnered Coleman (pictured) with GTCR to form Six3 Systems, a company focused on building a government services platform specialising in

Venture capital investments in green energy are shifting toward advanced technologies as well as less capital-extensive technologies, according to analysis by Frost & Sullivan. The green energy sector was a recipient of growing investments from the VC community until the economic downturn, following which the investments shrank in 2009. Government

The European Investment Bank has pledged to make a EUR5m anchor investment in the first venture capital fund to target investments in export-oriented IT companies being launched in the Palestinian territories. The EIB’s commitment was announced at a signature ceremony in Ramallah supported by the Palestinian Prime Minister and attended

Wrap Film Systems, one of the largest cling film and aluminium foil converters in Europe, has acquired the business of competitor Baco Consumer Products from US based Reynolds Consumer Products in an off-market deal. Wrap Film Systems was backed by Growth Capital Partners in 2007 in a GBP21m buyout Adrian

Private equity firm GI Partners has acquired Shirebrook Care Group, a bolt-on acquisition to its portfolio company Care Aspirations.  The deal, valued at approximately GBP20m, will double the size of the existing business. With facilities located in the Derbyshire, Nottinghamshire and South Yorkshire, Shirebrook Care Group offers a full range