ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Littlejohn & Co. Acquires RailPros

Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has acquired RailPros (the “Company”) from Court Square Capital Partners. Terms of the transaction were not disclosed.

RailPros is a leading provider of outsourced services to rail, utilities, and transportation clients, offering turnkey safety management, engineering, utility observation, real estate permitting, project management, and construction management, as well as strategic consulting, safety, compliance and technical training programs. Over the last 25 years, RailPros has continuously introduced new services to its customer base, strengthening its reputation as a trusted technical services partner. The Company’s practice includes work in all 50 states and Mexico.

“We are excited to partner with the RailPros team as they continue to build a leading rail, transportation and utility service platform,” said Michael Kaplan, Managing Director at Littlejohn. “RailPros is an industry pioneer, and its North American footprint, comprehensive service offering, and reputation for high quality service, positions it as a valued partner to their long tenured, blue-chip customer base. We look forward to helping RailPros grow organically and through strategic M&A.”

Ken Koff, Chief Executive Officer of RailPros, said, “We believe that Littlejohn’s deep resources and expertise in professional and infrastructure services make them the ideal partner for RailPros at this stage in the Company’s evolution. Littlejohn understands and shares our vision, and we look forward to working with their robust portfolio support resources to accelerate our growth while continuing to provide outstanding service for our clients.”

Lincoln International and Piper Sandler & Co. served as financial advisors to RailPros on the transaction. Houlihan Lokey Inc., Wells Fargo, and Jefferies LLC acted as financial advisors and Ropes & Gray LLP acted as legal counsel to Littlejohn in connection with the acquisition.

About Littlejohn & Co., LLC

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments in growing middle-market industrial and services companies that can benefit from Littlejohn’s 25+ years of operational and sector expertise. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.

About RailPros

RailPros is headquartered in Irving, Texas, with offices and personnel across North America. The company, which was founded in 2000, is exclusively focused on providing services to freight, passenger and transit rail carriers across North America and internationally. RailPros employs rail and transit engineers, construction managers, real estate and right of way service experts, inspectors, design engineers, and field support staff, enabling us to service the full spectrum of the industry’s management, engineering construction management, planning, and design needs. In addition, RailPros has a combined training and media production team, producing technical and safety training for rail carriers and rail-related industrial clients. We have a unique understanding of the industry’s rail and transit needs, and our expertise helps our clients complete work safely, efficiently, and with minimal disruption to existing rail service. For more information about RailPros, visit www.railpros.com.

Contacts

For Littlejohn:

Nathaniel Garnick/Grace Cartwright

Gasthalter & Co.

(212) 257‐4170



For RailPros:

Ananda Boardman

Director of Corporate Communications & Public Relations

ananda.boardman@railpros.com

(830) 556-1797

Recent Quotes

View More
Symbol Price Change (%)
AMZN  234.69
+0.00 (0.00%)
AAPL  272.41
+0.00 (0.00%)
AMD  246.81
+0.00 (0.00%)
BAC  52.61
+0.00 (0.00%)
GOOG  276.98
+0.00 (0.00%)
META  609.46
+0.00 (0.00%)
MSFT  510.18
+0.00 (0.00%)
NVDA  190.17
+0.00 (0.00%)
ORCL  222.85
+0.00 (0.00%)
TSLA  404.35
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.