TRINITY International Industries Acquires Drakestone Designs

KiNRG Acquires TRINITY Group Construction

March 31, 2026

Energy

KiNRG signed a stock purchase agreement to acquire 100% of TRINITY Construction Group, Inc. for a total purchase price of $8.2 million. The acquisition closed on April 1, 2026, making TRINITY a wholly owned subsidiary of KiNRG.

Trinity Logistics Acquires Granite Logistics

January 5, 2026

Logistics & Distribution

Trinity Logistics has completed the full acquisition of Granite Logistics, bringing the longtime freight agent partner into its organization and adding two Regional Service Centers in Sartell and Minneapolis, Minnesota. The deal brings approximately 135 team members into Trinity and expands its specialized capabilities in flatbed, over-dimensional, and heavy-haul freight across the Upper Midwest.

Capstone Holding Corp. Acquires Canadian Stone Industries

December 1, 2025

Building Products

Capstone Holding Corp. (NASDAQ:CAPS) has closed the acquisition of Canadian Stone Industries (CSI), a multi-location distributor that adds approximately $15 million of annual revenue. The deal expands Capstone’s North American footprint, strengthens its premium brand portfolio, and is expected to be immediately accretive to revenue and EBITDA.

Armada Materials Acquires Drake's Creek Stone

July 16, 2025

Building Products

Armada Materials, a Kelso-backed infrastructure materials platform, has acquired Drake's Creek Stone, a quarry in Franklin, Kentucky formerly part of Charles DeWeese Construction. The acquisition expands Armada's aggregates footprint to serve northern Tennessee and southern Kentucky and adds crushed stone production capacity to its platform.

Trinity Industries Acquires RSI Logistics

March 8, 2023

Transportation

Trinity Industries, Inc. acquired RSI Logistics for $70 million, closing on March 8, 2023. The deal adds RSI's rail-focused software, logistics services, terminal operations, and intermodal capabilities to Trinity's rail services platform while retaining RSI employees.

Trinity Industries Acquires Holden America

December 30, 2022

Manufacturing

Trinity Industries, Inc. acquired Holden America for an initial purchase price of $70 million plus a minimum of $5 million per year for the next two years. Holden America manufactures multi-level vehicle securement and protection systems, gravity-outlet gates and gate accessories for freight rail; the deal adds a market-leading bi-level chock system to Trinity's autorack product portfolio and expands its higher-margin aftermarket parts exposure. The acquisition closed on December 30, 2022, and Trinity will retain all Holden employees.