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Announced

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

Synopsis

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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