Iowa Northern Railway - Ownership and Business Overview

TransportationCompany

Iowa Northern Railway Ownership

Who owns Iowa Northern Railway?

Iowa Northern Railway is owned by Canadian National Railway Company. It was acquired on December 6, 2023.

Was Iowa Northern Railway formerly PE-backed?

Yes. Iowa Northern Railway was formerly owned by 2 private investors.

Iowa Northern Railway Business Overview

Where is Iowa Northern Railway headquartered?

Iowa Northern Railway is headquartered in Waterloo, Iowa.

What sector is Iowa Northern Railway in?

Iowa Northern Railway is a transportation company.

When was Iowa Northern Railway founded?

Iowa Northern Railway was founded in 1984.

Transportation M&A Summary in 2023

Out of 60 sectors in the Mergr database, transportation ranked 20 in number of deals in 2023. The largest transportation acquisition in 2023 was Triton International - which was acquired by Brookfield Infrastructure Partners for $13.3B.

Join Mergr to view all 109 acquisitions of transportation companies in 2023, including 17 acquisitions by private equity firms, and 92 by strategics.

Iowa Northern Railway

Iowa Northern Railway Co.

201 Tower Park Drive, Suite 300,
Waterloo, Iowa 50701
United States,
(319) 297-6000
www.iowanorthern.com

Iowa Northern Railway is a short line railroad. The Company operates over 250 miles of rail in northeastern Iowa, with a main line track running from Manly to Cedar Rapids (through Waterloo/Cedar Falls) as well as several branch lines that connect to the main track. The Company provides transportation to customers in agriculture, energy, and manufacturing and offers value-add services to Class I railroads. Iowa Northern Railway was established in 1984 and is based in Waterloo, Iowa.


Company Summary

SECTOR

Transportation

Established

1984

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