2 Acquisitions in the Railroad industry

January 16, 2023

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.

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:

Where to find them: Website

Industry: Railroad, Rental, Transportation

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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:

Where to find them: Website

Industry: Predictive Analytics, Railroad, Software

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

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