Symphony International Holdings invested in Indo Trans Logistics Corporation for $42.6m.

Symphony International Holdings, a private equity and venture capital firm, invested in Indo Trans Logistics Corporation, a freight forwarding service in Ho Chi Minh City, Vietnam, for $42.6m. Anil Thadani, Chairman of Symphony Asia Holdings and a Director of Symphony, said: "The opportunity to acquire this interest in Vietnam's leading integrated logistics company is a good example of our practice of sourcing proprietary opportunities through our own network of business & personal contacts built over 35 years of Private Equity practice in the region. Over the past 20 years, ITL management has consistently grown the business to the point where the company is now among Vietnam's "national champions."