Cathcart Rail / Guardian Rail Acquire Appalachian Railcar Services from GenNx360

Appalachian Railcar Services Acquires Progress Rail's Amarillo Repair Facility

January 5, 2021

Transportation

Appalachian Railcar Services (ARS), a wholly owned subsidiary of Cathcart Rail, acquired Progress Rail’s Amarillo, Texas railcar repair facility. The acquisition, financed by Star America Infrastructure Partners, expands ARS’s national tank- and freight-car repair network and reinforces its ability to serve customers on the UP and BNSF networks.

North American Rail Solutions (American Track) Completes Multiple Add-on Acquisitions Including West Rail Construction, Strategic Rail, Tri Innovations and Condor Signals

March 4, 2024

Transportation

DFW Capital Partners-backed North American Rail Solutions (NARS), through its subsidiaries American Track and Universal Rail Systems, completed a series of add-on acquisitions to expand geographic coverage and service capabilities across the U.S. and Canada. Targets include West Rail Construction (Vancouver, WA), Strategic Rail (Tomahawk, WI), Tri Innovations Consulting Ltd. (Calgary, AB) and Condor Signals & Communications (Ontario) to broaden NARS' rail maintenance, construction, engineering and signals/communications offering.

Precision Roll Solutions (Guardian CP Portfolio) Acquires ARC International

December 9, 2024

Manufacturing

Precision Roll Solutions, a portfolio company of Guardian Capital Partners, acquired Charlotte-based ARC International on December 9, 2024. The add-on purchase expands PRS's engraving and manufacturing capabilities for the corrugated packaging market, increasing capacity and product offering; terms were not disclosed.

PSC Group (Aurora Capital Portfolio) Acquires Steel Line Rail Services LLC

May 16, 2023

Transportation

PSC Group, a portfolio company of Aurora Capital Partners, has acquired the assets of Steel Line Rail Services LLC, a mobile railcar repair, inspection and valve maintenance provider founded in Marshall, Texas. The acquisition expands PSC's railcar repair and mobile service capabilities and broadens its geographic footprint across the U.S., Mexico and Canada.

Global Rail Trust Acquires Advanced Rail Management

June 22, 2022

Transportation

Global Rail Trust (GRT), via its North American arm Global Rail North America, has acquired Advanced Rail Management Corp. (ARM), a U.S.-headquartered provider of wheel-rail interaction consulting and turnkey rail/wheel maintenance services. The acquisition gives GRT a North American footprint and ARM access to GRT's European expertise and global network to expand services across new markets; financial terms were not disclosed.

Guardian Fleet Services Acquires Texas Auto Carriers (TAC) and Affiliates

January 7, 2025

Transportation

Guardian Fleet Services has acquired Texas Auto Carriers, Inc. (TAC) and its affiliated brands Ironcat, LLC and Wheelcat Logistics, LLC, expanding Guardian's towing, recovery, and specialized transportation capabilities in Southern Texas and adding a San Antonio hub. Founders Ford and LouAnn Wagner will remain through a transition and then move into advisory roles.