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Divestiture • Construction

American Track Acquires Savage Co s - Track Inspection Maintenance and Repair Group

On April 22, 2020, American Track acquired construction company Savage Co s - Track Inspection Maintenance and Repair Group from Savage Co s.

Acquisition Context
  • This is American Track’s 1st transaction in the Construction sector.
  • This is American Track’s 1st transaction in the United States.
  • This is American Track’s 1st transaction in Utah.

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M&A Deal Summary
Date April 22, 2020
Target Savage Co s - Track Inspection Maintenance and Repair Group
Sector Construction
Buyer(s) American Track
Sellers(s) Savage Co s.
Deal Type Divestiture

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 7
Sector: Construction 1 of 5
Type: Divestiture 1 of 1
State: Utah 1 of 1
Country: United States 1 of 6
Year: 2020 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-08 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.

Buy -

Seller Profile 1

SELLER

Savage Co s.

Midvale, Utah, United States
Category Company
Sector Transportation
DESCRIPTION

Savage Co's. is a provider of supply-chain solutions to customers in the production, manufacturing and distribution of energy resources and other essential commodities.

Deal Context for Seller #
Overall 3 of 4
Sector: Construction 1 of 1
Type: Divestiture 3 of 4
State: Utah 2 of 3
Country: United States 3 of 4
Year: 2020 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-04 Transportation Infrastructure Partners

New York, New York, United States

Transportation Infrastructure Partners engages in acquiring and operating essential transportation and logistics infrastructure throughout the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-19 EnviroServe

Sandy, Utah, United States

EnviroServe is a provider of environmental and waste management services, from Savage, a global provider of supply chain infrastructure and services. EnviroServe was founded in 1946 and is based in Sandy, Utah.

Sell -

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