M&A Deal Summary

American Track Acquires Dirtworks Rail of the Carolinas

On February 8, 2021, American Track acquired transportation company Dirtworks Rail of the Carolinas

Acquisition Highlights
  • This is American Track’s 1st transaction in the Transportation sector.
  • This is American Track’s 2nd transaction in the United States.
  • This is American Track’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2021-02-08
Target Dirtworks Rail of the Carolinas
Sector Transportation
Buyer(s) American Track
Deal Type Add-on Acquisition

Target

Dirtworks Rail of the Carolinas

Lexington, North Carolina, United States
Dirtworks Rail of the Carolinas provides rail construction and maintenance services to industrial and shortline customers throughout the Southeast United States. Dirtworks Rail of the Carolinas was founded in 2010 and is based in Lexington, North Carolina.

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Buyer(S) 1

Buyer

American Track

Fort Worth, Texas, United States

Category Company
Founded 1978
Sector Construction
DESCRIPTION

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.


DEAL STATS #
Overall 2 of 6
Sector (Transportation) 1 of 2
Type (Add-on Acquisition) 1 of 5
State (North Carolina) 1 of 1
Country (United States) 2 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-22 Savage Co s - Track Inspection Maintenance and Repair Group

Utah, United States

Savage Co's - Track Inspection, Maintenance, and Repair Group provides railroad track inspection, maintenance, repair, and construction services throughout the U.S., including operations in Louisiana, Utah, Wyoming, and Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-01 TRAC

Boiling Springs, Pennsylvania, United States

TRAC specializes in providing railroad design and construction services that go from concept to completion. The company's customers appreciate having a trusted partner who can handle the nuances and complexity of rail design and construction, freeing their precious time to focus on the demands of running their business. TRAC is based in Boiling Springs, Pennsylvania.

Buy -