3i-backed Regional Rail, an owner and operator of short-line freight railroads across North America, completed the acquisition of Indiana Eastern Railroad and Ohio South Central Railroad, which operate a combined 107 miles of mainline freight railroad across Indiana and Ohio. Financial terms were not disclosed. “We are excited to partner with the existing teams at the Indiana Eastern Railroad and Ohio South Central Railroad to expand our operations in the Midwest and look forward to building on the companies’ track records of providing a high-quality service to their customers and driving additional growth,” Al Sauer, Regional Rail President and CEO.