Readypower Group Acquires Total Rail Solutions from Rutland Partners

Angel Trains Acquires Readypower Group

January 31, 2022

Infrastructure

Angel Trains has acquired Readypower Group, a specialist rail and infrastructure service provider that supplies on-track plant equipment, civil engineering, haulage and operating services to the UK rail sector. The deal brings together complementary capabilities to support the UK rail network as Angel Trains continues its long‑term investment in rolling stock and rail assets.

Parsons Corporation Acquires TRS Group, Inc.

February 4, 2025

Environmental Services

Parsons Corporation acquired environmental remediation technology provider TRS Group, Inc. in an all-cash transaction valued at approximately $36 million. The deal strengthens Parsons' environmental remediation and PFAS-treatment capabilities, integrating TRS's thermal remediation technologies and PerfluorAd licensing into Parsons' Federal Solutions and Critical Infrastructure segments.

Tetra Tech Acquires RPS Group

January 24, 2023

Engineering Services

Tetra Tech, Inc. has completed its acquisition of RPS Group via a UK court-approved scheme of arrangement, with RPS shareholders’ outstanding shares now owned by Tetra Tech. The deal brings roughly 5,000 RPS employees into Tetra Tech and expands Tetra Tech’s capabilities and market positions in water, renewable energy, sustainable infrastructure, and data analytics.

Equinor and SSE Thermal Acquire Triton Power from Energy Capital Partners

June 28, 2022

Energy

Equinor and SSE Thermal have completed the £341 million acquisition of Triton Power from Energy Capital Partners, forming a 50:50 joint venture to own Triton. The deal includes the 1.2 GW Saltend Power Station and positions the buyers to decarbonise flexible power generation — including plans to prepare Saltend to run on up to 30% hydrogen from 2027 and eventual conversion to hydrogen — while supporting Equinor's H2H Saltend hydrogen project.

VLS Environmental Solutions Acquires Safety Railway Service

September 2, 2022

Environmental Services

VLS Environmental Solutions, a portfolio company of I Squared Capital, has acquired Safety Railway Service (SRS), expanding VLS' railcar cleaning and repair footprint from three to twelve locations. The acquisition brings SRS's full-service railcar repair, fabrication and cleaning capabilities into VLS's Railcar Cleaning and Repair Services division; terms were not disclosed.

North American Rail Solutions / American Track Acquires Rapid Track

June 26, 2025

Transportation

North American Rail Solutions, through its subsidiary American Track, has acquired Rapid Track, a Tyrone, Georgia-based rail maintenance and construction services provider. The deal expands American Track's footprint in the Southeast U.S.; Rapid Track's owners Shannon and Brandi Shockley will transition following the sale.