M&A Deal Summary

Regional Rail Acquires Indiana Eastern Railroad & Ohio South Central Railroad

On November 10, 2023, Regional Rail acquired transportation company Indiana Eastern Railroad & Ohio South Central Railroad

Acquisition Highlights
  • This is Regional Rail’s 6th transaction in the Transportation sector.
  • This is Regional Rail’s 6th transaction in the United States.
  • This is Regional Rail’s 1st transaction in Illinois.

M&A Deal Summary

Date 2023-11-10
Target Indiana Eastern Railroad & Ohio South Central Railroad
Sector Transportation
Buyer(s) Regional Rail
Deal Type Add-on Acquisition

Target

Indiana Eastern Railroad & Ohio South Central Railroad

Edwardsville, Illinois, United States
Indiana Eastern Railroad & Ohio South Central Railroad operate a combined 107 miles of mainline freight railroad across Indiana and Ohio.

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Buyer(S) 1

Buyer

Regional Rail

Kennett Square, Pennsylvania, United States

Category Company
Founded 2007
Sector Transportation
DESCRIPTION

Regional Rail provides freight transportation, car storage, and transloading services in New York, Pennsylvania, and Delaware across three railroads and over 155 miles of track connecting into a diversified Class 1 railroad network. Regional Rail was founded in 2007 and is based in Kennett Square, Pennsylvania.


DEAL STATS #
Overall 7 of 8
Sector (Transportation) 6 of 7
Type (Add-on Acquisition) 6 of 7
State (Illinois) 1 of 1
Country (United States) 6 of 7
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-11 G3 Canada - short-line rail portfolio

Winnipeg, Manitoba, Canada

G3 Canada's short-line rail portfolio consists of of freight rail assets located across western Canada G3 Canada's short-line rail portfolio is based in Winnipeg, Manitoba.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-02 Cincinnati Eastern Railroad

Cincinnati, Ohio, United States

Cincinnati Eastern Railroad is a 70-mile railroad in Ohio. The railroad provides freight hauling and storage services to an attractive set of customers across a variety of end-markets, including aggregates, food & agriculture, and paper products, and is poised to benefit from continued industrial development in the region. Cincinnati Eastern Railroad is based in Cincinnati, Ohio.

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