LongWater Forms Cypress Rail Solutions to Acquire Northern Plains Rail Services' Maintenance Assets

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

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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.

LongWater Opportunities Invests in Midland Garage Door

July 20, 2023

Building Products

LongWater Opportunities has made a strategic growth investment in Midland Garage Door, a West Fargo-based manufacturer of residential and commercial overhead garage doors founded in 1979. The partnership is intended to support Midland's growth plans while preserving the company's culture and operational strengths.

Wind Point Partners Acquires Velocity Rail Solutions

November 25, 2024

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Wind Point Partners, a Chicago-based private equity firm, has completed a corporate carveout and acquired Velocity Rail Solutions, a provider of mission-critical locomotive services across North America. Wind Point will partner with Velocity management to invest in organic growth and pursue strategic add-on acquisitions to expand the company's rail-related services.

Bluejay Capital Partners Acquires Pacific West

December 22, 2021

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Bluejay Capital Partners has completed the acquisition of Pacific West, LLC, a Salt Lake City–based niche rail and industrial services firm. The transaction was financed with unitranche debt and an equity co-investment from Southfield Mezzanine; terms were not disclosed and Pacific West COO Dustin Hall retains a meaningful ownership stake. Bluejay intends to expand Pacific West's service offerings and geographic reach across the western United States.

Tailwater Capital Acquires NorTex Midstream Partners

February 17, 2021

Oil & Gas

Dallas-based private-equity firm Tailwater Capital agreed to acquire NorTex Midstream Partners LLC, a Houston-based natural-gas storage and midstream operator. The acquisition gives Tailwater ownership of NorTex’s underground storage capacity (about 36 billion cubic feet), a trading hub and roughly 83 miles of pipeline near the Dallas–Fort Worth area to support gas-fired power generation as a complement to renewable energy.

Wind Point / Velocity Rail Solutions Acquires Liquid Tech Solutions

July 30, 2025

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Wind Point Partners has combined Liquid Tech Solutions (LTS) with its portfolio company Velocity Rail Solutions, creating the largest route-based, mobile on-site refueling platform in North America. Yukon Partners provided junior capital to support the merger; Lindsay Goldberg sold LTS to the combined Wind Point/Velocity platform. The combined business will scale services across rail and other mission-critical end markets and pursue further organic growth and add-on acquisitions.