DFW Capital-backed American Track completed the acquisition of Universal Rail Systems from TorQuest Partners.

DFW Capital-backed American Track, a provider of inspection, maintenance, repair and specialized construction services for industrial railroad infrastructure in the United States, completed the acquisition of Universal Rail Systems, a railway infrastructure service provider, from TorQuest Partners, a private equity firm. Financial terms were not disclosed. "We are excited to partner with the ATS team to create the newly formed North American Rail Solutions. Our combined experience, resources, and scale will enable us to provide our customers with the highest level of service throughout North America. We very much look forward to this next chapter of growth in our business," Tim McMillan, URS President and COO.