M&A Deal Summary

North American Rail Solutions Acquires Tri Innovations Consulting

On June 20, 2024, North American Rail Solutions acquired business services company Tri Innovations Consulting

Acquisition Highlights
  • This is North American Rail Solutions’ 1st transaction in the Business Services sector.
  • This is North American Rail Solutions’ 1st transaction in Canada.
  • This is North American Rail Solutions’ 1st transaction in Alberta.

M&A Deal Summary
Date 2024-06-20
Target Tri Innovations Consulting
Sector Business Services
Buyer(s) North American Rail Solutions
Deal Type Add-on Acquisition

Target

Tri Innovations Consulting

Calgary, Alberta, Canada
Tri Innovations Consulting is a provider of Engineering, Procurement, and Construction (EPC) services, encompassing feasibility studies, detailed design and engineering services, supply chain management, project management, construction and fabrication management, commissioning, and operations support. Tri Innovations Consulting is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

North American Rail Solutions

Fort Worth, Texas, United States
Category Company
Sector Business Services
DESCRIPTION

North American Rail Solutions is a provider of railroad design, construction, maintenance, and operating services that serves a wide range of industries, including manufacturing, petrochemical, mining, agricultural products, food and beverage, basic raw materials, ports, transload facilities, transit, Class 1 and short-line railroads. North American Rail Solutions is based in Fort Worth, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-17 American Track

Fort Worth, Texas, United States

American Track specializes in the inspection, repair, maintenance, design, and construction of railroad tracks, predominantly for private industrial users. American Track was founded in 1978 and is based in Fort Worth, Texas.

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