Tikehau Star Infra completed the acquisition of a majority stake in Cathcart Rail.

Tikehau Star Infra, a global alternative asset management group completed the acquisition of a majority stake in Cathcart Rail, a US freight rail operations and services company. Financial terms were not disclosed. “This strategic move will increase TSI’s position in a company and sector experiencing sustained growth and aligns with its long-term vision to lead the space with innovation, reliability and operational efficiency. Cathcart has incredible people, and we are grateful for their dedication and commitment. Together, we are excited to start writing the Company’s next chapter. We would like to thank our customers and partners for their continued support and trust. We would also like to thank Casey and Thomas Cathcart for their tireless dedication to building the Company over the last nine years. We wish them the best and are excited to see what their futures hold,” Christophe Petit, Tikehau Star Infra Head.