Wind Point Partners-backed Velocity Rail Solutions to acquire Liquid Tech Solutions.

Wind Point Partners-backed Velocity Rail Solutions, a provider of mission critical locomotive refueling and other rail services, agreed to acquire Liquid Tech Solutions, a provider of route-based, mobile on-site refueling services. Financial terms were not disclosed. “We are thrilled to partner with LTS and its leadership team as they drive the combined organization into a new phase of growth. Both Velocity and LTS have demonstrated impressive execution on strategic objectives, and we look forward to continuing to invest in the combined enterprise and management team’s vision. Capitalizing on this continued momentum and furthering organizational investment will help enable strategic end market diversification, geographic expansion and deepen our customer relationships,” Jake Behringer, Wind Point Vice President.