CI Capital portfolio company Transplace, a provider of transportation management services and logistics technology, has acquired Torus Freight Systems, a Canadian-based logistics services company focused on Canadian cross-border and intra-Canada freight. Torus was represented by Corporate Finance Associates. Terms of the transaction have not been disclosed. “Acquiring Torus, a leading Canadian 3PL, continues our expansion through strategic acquisition. In 2011, Transplace acquired SCO Logistics to broaden our vertical experience in chemicals and joined forces with Celtic International bringing us door-to-door intermodal expertise. Geographic expansion was our goal, and that’s exactly what we have accomplished with this acquisition,” says Transplace chief

Young Innovations is to be acquired by an affiliate of Linden Capital Partners, a Chicago-based private equity firm that focuses on middle market leveraged buyout investments in the healthcare and life science industries. Young Innovations develops, manufactures and markets supplies and equipment used by dentists, dental hygienists and consumers. Under the terms of the agreement, holders of outstanding shares of common stock of Young will receive USD39.50 per share, representing a 12.5 per cent premium to the 30-day average closing stock price.  The agreement was unanimously approved by Young’s board of directors. Alfred E. Brennan, chairman and chief executive officer,

High Road Capital Partners has sold Accentus, marking the second exit for the firm’s debut fund, High Road Capital Partners Fund I. The sale generated a 3.1x gross cash-on-cash return and a 49 per cent gross IRR for High Road. The firm’s first exit was Milwaukee Gear in February 2012.   Ontario-based Accentus is a provider of medical transcription, document imaging, and remote coding technology and services to hospitals and physician groups in Canada and the US. Accentus was acquired by Nuance Communications.   “In the three and a half years High Road owned Accentus, revenues and EBITDA increased by

Iris Capital, a European venture capital group specialising in digital economy, has completed an investment in Lookout through the Orange & Publicis initiative. Lookout specialises in smartphone security with 30 million users across 400 mobile networks in 170 countries. The company delivers protection from the growing threats facing mobile users today, including malware, phishing, privacy violations, data loss, and loss of the phone itself. Iris Capital is joining other investors Accel Partners, Andreessen Horowitz, Khosla Ventures and Index. Orange has announced a global strategic partnership with Lookout. Starting in France, Slovakia, Spain and the UK, Orange customers (as well as

Land mine clearance group MineTech International has been acquired by a German group in a deal arranged by Livingstone Partners. MineTech International provides land mine clearance and explosive ordnance disposal (EOD) services for governments, NGOs such as the United Nations, and private sector businesses within the oil and gas sector. Livingstone advised the shareholders of MineTech, including private equity investor MML Capital Partners, on the sale. Headquartered near Gloucester, MineTech was established in 1989 to work in former conflict areas across the developing world, clearing “explosive remnants of war” so that land can be redeveloped for humanitarian and commercial purposes.

European private capital group Metric Capital Partners (MCP) has completed its investments in Áras Sláinte and Global Diagnostics, subsidiaries of the Dublin-based healthcare business Centric Health.  Áras Sláinte (AS) is a provider of primary care in Ireland, offering a range of services to the Irish market through its GP practices, urgent care clinics and occupational health clinics. Locumotion, a subsidiary of AS, places doctors from around the world into GP and hospital positions across Ireland, Australia and the UK.   Global Diagnostics provides managed radiology solutions to public and private healthcare providers to improve quality of service and access for

AXA Private Equity has signed an agreement with Equistone Partners Europe and the management team of Alvest to sell the company’s entire capital to LBO France. AXA Private Equity first invested in Alvest six years ago and has since actively supported its management in the company’s international development strategy. The completion of the transaction remains subject to approval from regulatory authorities. Alvest, through its TLD subsidiary, is a French industrial group and global provider of ground support equipment for airports. The group also produces and markets high-tech adhesive films, which are used for aeronautical applications. Having been a majority shareholder

Falconhead Capital, a private equity firm specialising in growing consumer-focused businesses, has sold its portfolio company Competitor Group to Calera Capital. Financial terms of the transaction have not been disclosed. Headquartered in San Diego, Competitor Group is an endurance media and event entertainment company dedicated to promoting the sports of running, cycling and triathlon.  The company was founded by Falconhead in 2007 through the simultaneous acquisition and combination of three separate endurance sport event and publishing enterprises. Under Falconhead’s leadership, Competitor Group’s revenue has more than tripled through strategic acquisitions and a range of other organic growth initiatives.  The company’s

Mid-market business management solutions provider Access Group has acquired fundraising and CRM software specialist thankQ in a GBP2.7m deal. The acquisition, which is the seventh deal for Access in the past 12 months, sees the group strengthen its not-for-profit (NFP) offering, where it already has over 530 customers using its finance and human resources solutions. The latest addition to the portfolio means Access will provide a fully-integrated finance and fundraising CRM system to the sector.   In September, it acquired French-based innovative business intelligence specialist Prelytis for EUR4m.   Chris Bayne, chief executive for Access, says: “Having worked closely with