Ancala / Arkadia-Backed Phoenix Rail Acquires Lehigh Valley Rail Management
January 28, 2024
Infrastructure investor Ancala, together with Arkadia Capital, has launched short-line platform Phoenix Rail and completed its first acquisition of Lehigh Valley Rail Management (LVRM), which owns short line and terminal facilities at Bethlehem and Johnstown, Pennsylvania. The acquisition is intended to serve as a platform buildout/add-on to expand rail infrastructure, customer relationships and services across the US short-line rail market.
- Buyers
- Ancala, Arkadia Capital, Phoenix Rail
- Targets
- Lehigh Valley Rail Management (LVRM)
- Platforms
- Phoenix Rail
- Industry
- Transportation
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Affiliates of Paceline Equity Partners Acquire R.E.L.A.M. and Affiliated Rail Maintenance Businesses
July 2, 2020
Transportation
Affiliates of Dallas-based private equity manager Paceline Equity Partners have acquired R.E.L.A.M., Inc. along with affiliated businesses Acme Construction Co., Inc. and Timiny RR Construction, Inc. The assets will be combined with Paceline's existing platform 1435 Rail, creating a larger rail maintenance-of-way equipment lessor and services business with a diversified fleet and expanded service offerings.
-
3i Group Acquires Regional Rail from Levine Leichtman Capital Partners
July 8, 2019
Transportation
3i Group plc has acquired Regional Rail, LLC from Levine Leichtman Capital Partners. Regional Rail, a Kennett Square, Pennsylvania-based operator of short-line railroads and rail-related services (including Diamondback Signal), will be supported by 3i to pursue further growth and network expansion across its end markets such as agriculture, lumber and energy.
-
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.
-
Ancor-backed LSC Environmental Acquires Phoenix Paper Products
April 15, 2020
Manufacturing
In December 2019, LSC Environmental Products, a portfolio company of Ancor Capital Partners, acquired Phoenix Paper Products of Lostant, Illinois. The add-on expands LSC's erosion-control and mulch product portfolio and provides vertical integration of supply, manufacturing and distribution channels for environmental and industrial applications.
-
Vontobel Acquires Significant Minority Stake in Ancala Partners LLP
July 1, 2024
Financial Services
Vontobel has completed the acquisition of a significant minority stake in London-based infrastructure investment manager Ancala Partners LLP, marking Vontobel’s entry into private infrastructure markets and expanding its private markets capabilities. Ancala will remain independently managed by its leadership team and Vontobel may acquire further stakes over time; Ancala manages infrastructure assets across renewables, transport, utilities and the circular economy with ~EUR 4.1 billion AUM.
-
Alpenglow Rail and CC&L Infrastructure Acquire Alberta Midland Railway Terminal
October 25, 2022
Transportation
Alpenglow Rail Services Corp. and Connor, Clark & Lunn Infrastructure have acquired Alberta Midland Railway Terminal Ltd. (AMRT), a 300-acre dual-served rail terminal in Lamont County, Alberta serving the Edmonton Industrial Heartland. The acquisition expands Alpenglow/CC&L's rail terminal portfolio in North America and will add transloading, railcar cleaning and repair services to AMRT's offering.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.