LongWater Forms Cypress Rail Solutions to Acquire Northern Plains Rail Services' Maintenance Assets
October 2, 2024
LongWater Opportunities partnered with industry executives Randy Meyer and Brian Trammell to form Cypress Rail Solutions, a new railcar services platform. Cypress completed its first acquisition of certain railcar maintenance assets (locations in North Dakota and Minnesota) from Northern Plains Rail Services and plans further expansion across additional geographic markets to build a significant railcar services platform.
- Targets
- Northern Plains Rail Services
- Sellers
- Northern Plains Rail Services
- Industry
- Transportation
- Location
- North Dakota, United States
- Transaction Type
- Buyout
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