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New Deal


Announced

Completed

American Track completed the acquisition of Savage's Track Inspection, Maintenance and Repair Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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track inspection

Acquisition

Friendly

Private Equity

Single Bidder

Private

Completed

Construction Services

Majority

United States

Synopsis

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Hilltop Private Capital-backed American Track, a railroad design, construction and maintenance company, completed the acquisition of Track Inspection, Maintenance and Repair Group of Savage Transportation Management, a provider of trucking services. Financial terms were not disclosed. "The Savage Track Inspection, Maintenance and Repair team has a strong reputation of quality service working for some premier customers in the US transportation, refining and manufacturing sectors. We are proud to add this group to our team at American Track and look forward to carrying on and expanding that legacy within our organization," Thomas Lucario, American Track President and CEO.

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