Auxo Investment Partners Acquires Ferrovia Services; Graycliff Provides Credit Support

Auxo Investment Partners Acquires Southeast Vegetation Management

January 21, 2025

Industrial Services

Auxo Investment Partners has acquired Southeast Vegetation Management (SEVM), a Brierfield, Alabama–based provider of vegetation management services to U.S. railroads, and will add the business to its Genesis Rail Company platform. The deal expands Auxo's railroad infrastructure maintenance platform, broadens geographic reach in the Eastern U.S., and creates the largest pure-play herbicide rail vegetation management platform alongside Ferrovia.

Auxo Investment Partners Acquires Cariboo Central Railroad Contracting

August 23, 2023

Industrial Services

Auxo Investment Partners has acquired Cariboo Central Railroad Contracting and will integrate it into the Genesis Rail Services platform, expanding the platform's railroad infrastructure maintenance footprint into Canada. Cariboo, headquartered in Kelowna, British Columbia, provides track maintenance, construction, inspections, snow removal and emergency response services to Class I railroads, short-line railroads and industrial customers.

Maritime Partners Acquires M/G Transport from Auxo Investment Partners

August 10, 2022

Transportation

Maritime Partners, through its managed funds, has agreed to acquire M/G Transport Holdings LLC from Auxo Investment Partners and its affiliates. M/G, a longtime provider of inland barge transportation on the Lower Mississippi River and West Canal to Houston, will continue to operate under its brand with existing management; terms were not disclosed.

Audax Private Equity Acquires 48forty Solutions from Grey Mountain Partners

December 1, 2020

Logistics & Distribution

Audax Private Equity has acquired a controlling interest in 48forty Solutions from Grey Mountain Partners. The investment positions 48forty — a leading North American pallet management and reverse logistics provider with a national network of facilities and over 2,400 employees — for continued organic growth and strategic add-on acquisitions to expand its product and service offerings.

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.

Auxo Investment Partners Acquires SOS Manufacturing

June 21, 2023

Manufacturing

Grand Rapids-based private equity firm Auxo Investment Partners acquired SOS Manufacturing, a Roberts, Wisconsin-based custom wire harness and cable assembly manufacturer. The deal is Auxo's fourth add-on to its growing wire harness and cable manufacturing platform and will expand the platform's capabilities (including work relevant to supercomputing), while SOS's management will remain in place.