M&A Deal Summary

Patriot Rail Acquires Delta Southern Railroad

On September 26, 2022, Patriot Rail acquired transportation company Delta Southern Railroad

Acquisition Highlights
  • This is Patriot Rail’s 2nd transaction in the Transportation sector.
  • This is Patriot Rail’s 2nd transaction in the United States.
  • This is Patriot Rail’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2022-09-26
Target Delta Southern Railroad
Sector Transportation
Buyer(s) Patriot Rail
Deal Type Add-on Acquisition
Advisor(s) Reed Smith (Legal)

Target

Delta Southern Railroad

Tallulah, Louisiana, United States
Delta Southern Railroad is a short-line railroad company operating two-line segments in Louisiana. Delta Southern transports grain, aggregate materials, agricultural products, cotton, coal, chemicals, fertilizer, forest products, sand clay, and soda ash. Delta Southern Railroad was founded in 2009 and is based in Tallulah, Louisiana.

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Buyer(S) 1

Buyer

Patriot Rail

Jacksonville, Florida, United States
Category Company
Founded 2006
Sector Transportation
DESCRIPTION

Patriot Rail Co. is a provider of rail-based service solutions throughout North America. Patriot Rail Co. was founded in 2006 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Transportation) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Louisiana) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-08 Pioneer Lines

Greenwood, Colorado, United States

Pioneer Lines is a railroad holding company operating 15 short-line railroads across 12 states, from BRX Transportation Holdings. Pioneer Lines is based in Greenwood, Colorado.

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