Angel Trains Acquires Readypower Group

Readypower Group Acquires Total Rail Solutions from Rutland Partners

October 16, 2023

Transportation

Readypower Group Limited has acquired Total Rail Solutions Limited (TRS) from Rutland Partners LLP, completing Rutland’s planned exit on 16 October 2023. TRS, a UK provider of Road Rail Vehicles supporting Network Rail and principal contractors, will be integrated into Readypower’s operations to strengthen its rail on-track plant capability.

ENGIE Ineo Acquires Powerlines from Gilde Buy Out Partners

July 31, 2019

Infrastructure

ENGIE Ineo has agreed to acquire Powerlines, a European full-service provider of electrical rail and high-voltage infrastructure, from funds advised by Gilde Buy Out Partners. Powerlines, headquartered near Vienna and employing more than 1,000 people, will join ENGIE Ineo to create an international platform for transport infrastructure projects and offer turnkey energy and rail electrification solutions.

ABB to Acquire Premium Power to Expand Electrical Engineering Advisory Capabilities in Europe

February 19, 2026

IT Services

ABB entered into an agreement to acquire Premium Power, an Ireland-based electrical engineering consultancy headquartered near Dublin. The acquisition will strengthen ABB’s Electrification Service advisory offering (ABB Navigate) with expanded expertise in power system studies, grid compliance modelling, power quality assessments, and electrical safety/risk management. The deal is expected to close in the first quarter of 2026, and financial terms were not disclosed.

Infracapital Acquires GB Railfreight from EQT-backed Hector Rail

September 23, 2019

Transportation

Infracapital, the infrastructure equity arm of M&G, has agreed to acquire GB Railfreight Limited from EQT Infrastructure II via its portfolio company Hector Rail Group. GB Railfreight, headquartered in London with around 900 employees and a fleet of over 180 locomotives and 1,500 wagons, is the third-largest rail freight operator in the UK; the transaction is expected to close mid-October 2019.

Ridgemont Equity Partners Recapitalizes National Power

October 25, 2023

Infrastructure

Ridgemont Equity Partners led a recapitalization of National Power, LLC to support the company's growth and M&A strategy. Financing for the transaction was provided by Churchill Asset Management and Oaktree Capital Management's U.S. Private Debt Group; financial terms were not disclosed.

EQT Infrastructure VI to Acquire Eagle Railcar Services

April 1, 2025

Transportation

EQT announced it has entered into a definitive agreement to acquire Eagle Railcar Services, a North America-based provider of regulatorily mandated railcar repair and maintenance services. The deal is expected to close in Q2 2025 and EQT plans to partner with Eagle’s management to support growth, operational excellence, automation/digitization, and geographic expansion.