AIMCo Acquires Cando Rail & Terminals from TorQuest Partners and Employee Shareholders

Cando Rail & Terminals to Acquire Savage Rail

February 23, 2026

Transportation

Cando Rail & Terminals and Savage Enterprises LLC announced the execution of a definitive agreement for Cando to acquire Savage Rail. The combination is intended to create North America’s leading first- and last-mile rail operating services and terminal infrastructure provider by expanding Cando’s U.S. footprint and strengthening its Canada network.

Cando Rail & Terminals Acquires Channelview Rail Terminal from Texas Deepwater Partners

December 4, 2025

Transportation

Cando Rail & Terminals completed the acquisition of the Channelview rail terminal and associated operations from Texas Deepwater Partners, a joint venture formed by USD Group LLC and Pinto Realty Partners. The purchase gives Cando its first U.S. terminal on the Houston Ship Channel — a multi-customer, multi-purpose facility with existing capacity for 900 railcars and room for future expansion.

Trinity Industries Acquires Quasar Platform from Cando Rail

May 26, 2022

Logistics & Distribution

Trinity Industries, Inc. has acquired Quasar Platform Inc., an end-to-end rail logistics software platform, from Cando Rail & Terminals Ltd. The purchase, which closed on May 26, enhances Trinity’s Trinsight digital product suite by adding yard management, activity-based costing and new data visualization capabilities; Trinity will retain Quasar’s employees.

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.

AIMCo Acquires Minority Stake in Davies Group from HGGC

January 23, 2019

Professional Services

Alberta Investment Management Corporation (AIMCo) agreed to buy a minority stake in London-based Davies Group from majority owner HGGC, with HGGC retaining majority ownership. The investment provides Davies with long-term institutional capital to support continued organic growth and expansion; the company has more than doubled revenues to $150 million and employs roughly 1,700 people across the UK, Ireland, Bermuda, the US and Canada.

EQT Active Core Infrastructure I to acquire A-Train AB (Arlanda Express)

December 22, 2025

Transportation

EQT Active Core Infrastructure I has agreed to acquire 100% of A-Train AB, the operator of Arlanda Express, the high-speed passenger rail service between Stockholm Central Station and Arlanda Airport. EQT plans to enhance customer experience and operations, including introducing a new train fleet and more flexible pricing, and the deal is subject to regulatory approvals and approval from Arlandabanan Infrastructure AB.