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Announced

Completed

Antin Infrastructure Partners completed the acquisition of a minority stake in Lake State Railway.

Financials

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

Tags

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Railroads

Private Equity

Single Bidder

Infrastructure

Completed

Acquisition

United States

Domestic

freight railroad

Private

Friendly

Minority

Synopsis

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Antin Infrastructure Partners, a private equity firm, completed the acquisition of a minority stake in Lake State Railway, a freight railroad. Financial terms were not disclosed. “We welcome Antin as a long-term strategic partner to support our continued growth plans and vision for the future of LSRC. We look forward to working with Antin to grow our customer base and expand our rail network," John Rickoff, LSRC President and CEO.

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