Announced
Financials
Tags
Australia
Railroad Equipment
Acquisition
Private Equity
Pending
Single Bidder
rail solutions
Friendly
rail maintenance
Majority
Private
rolling stock leasing
Cross Border
Synopsis
Amber Infrastructure, a specialist international investment manager, and DIF Capital Partners, a global independent investment manager, agreed to acquire Rail First, a provider of full-service vertically integrated rolling stock leasing and maintenance solutions to the rail industry, from Anchorage Capital Partners, a specialised private equity firm. Financial terms were not disclosed. "This transaction is a significant milestone for Rail First and reinforces our commitment to our people and customers. We thank Anchorage for their contributions to our business over the last three years, and we are excited to partner with Amber and DIF to take Rail First into its next phase of growth," Mark Kirkpatrick, Rail First CEO.
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