M&A Deal Summary

RailPros Acquires Roadway Worker Training

On January 24, 2018, RailPros acquired business services company Roadway Worker Training from R. J. Corman Railroad Group

Acquisition Highlights
  • This is RailPros’ 1st transaction in the Business Services sector.
  • This is RailPros’ 1st transaction in the United States.
  • This is RailPros’ 1st transaction in Florida.

M&A Deal Summary

Date 2018-01-24
Target Roadway Worker Training
Sector Business Services
Buyer(s) RailPros
Sellers(s) R. J. Corman Railroad Group
Deal Type Divestiture

Target

Roadway Worker Training

St. Augustine, Florida, United States
Roadway Worker Training, Inc. has three distinct business divisions—Roadway Worker Training, Railroad Protective Services, and Focal Point Productions. These combined RWT divisions employ more than 100 professionals focused on employee training, contract personnel for employee-in-charge/flagging services, consulting, and video production.

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Buyer(S) 1

Buyer

RailPros

Irving, Texas, United States

Category Company
Founded 2000
Sector Engineering
DESCRIPTION

RailPros is a provider of outsourced safety management, design & engineering, inspection, site & program management, utility observation, and training services to rail operators, utilities, state DOTs, and contractors working adjacent to rail infrastructure. RailPros has over 700 professionals across 14 offices, serving customers nationwide. RailPros was founded in 2000 and is based in Irving, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

R. J. Corman Railroad Group

Nicholasville, Kentucky, United States

Category Company
Founded 1973
Sector Business Services
DESCRIPTION

R. J. Corman Railroad Group serves all seven North American major railroads, many regional and shortline railroads and dozens of industries having rail. Services include owning and operating eleven shortlines, providing emergency rail services associated with derailments and natural disasters, switching, track construction, track material distribution, signal design/construction, building switching locomotives and operating a dinner train.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1