2 Acquisitions of Companies in the Railroad Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Railroad industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Railroad industry.

RailComm acquired by Tracsis

Details about the transaction:

Acquisition amount:

$11,500,000

Announcement:

14 March 2022

Details about the company:

RailComm offers railways a software-based system that is completely targeted at managing and controlling trains.

Headquarter:

Fairport, New York, United States

Where to find them:

Industry:

Predictive Analytics, Railroad, Software

Details about the buyer:

Leading software and service supplier for the planning and administration of mass transport operations globally is The Tracsis Group.

Headquarter:

Leeds, Leeds, United Kingdom

Where to find them:

Hi-Rail Leasing acquired by Custom Truck One Source

Details about the transaction:

Acquisition amount:

$46,000,000

Announcement:

14 January 2022

Details about the company:

The fastest growing road/rail leasing and rental firm in Canada is Hi-Rail Leasing.

Headquarter:

Elliot Lake, Ontario, Canada

Where to find them:

Industry:

Railroad, Rental, Transportation

Details about the buyer:

Your one-stop shop for all of your equipment needs is Custom Truck One Source.

Headquarter:

Kansas City, Missouri, United States

Where to find them: