Patriot Rail Company

Igneo Infrastructure Partners Completes Acquisition of US Signal

Retrieved on: 
Wednesday, February 15, 2023

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with US$16.5 billion in assets, has completed its acquisition of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.

Key Points: 
  • NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with US$16.5 billion in assets, has completed its acquisition of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.
  • We are excited to add US Signal to our growing portfolio in North America, where we continue to see strong tailwinds in the digital infrastructure sector," said Michael Ryder, partner and co-head of Igneo in North America.
  • Our focus remains on high-quality, mid-market, critical infrastructure businesses like US Signal."
  • US Signal represents Igneo's first investment in the U.S. telecommunications sector and the fourth platform asset in North America.

Patriot Rail to Acquire Delta Southern Railroad

Retrieved on: 
Monday, September 26, 2022

JACKSONVILLE, Fla. and TALLULAH, La., Sept. 26, 2022 /PRNewswire/ -- Patriot Rail Company LLC today announced it has entered into a definitive agreement to acquire Delta Southern Railroad, Inc. (DSRR), a short line railroad company operating two line segments in Louisiana. The financial terms of the transaction were not disclosed.

Key Points: 
  • JACKSONVILLE, Fla.and TALLULAH, La., Sept. 26, 2022 /PRNewswire/ -- Patriot Rail Company LLC today announced it has entered into a definitive agreement to acquire Delta Southern Railroad, Inc. (DSRR), a short line railroad company operating two line segments in Louisiana.
  • "Including Delta Southern in Patriot Rail's expanding network will enable further competitive options for rail shippers in Louisiana and across the country," said John E. Fenton, Patriot Rail's chief executive officer.
  • Patriot Rail operates 31 regional and freight short line railroads, a scenic rail excursion train, and rail-related services companies with operations in 23 states.
  • Delta Southern is proud to work closely with well-respected railroad and interchange partners: Kansas City Southern (KCS) and Union Pacific Railroad (UP).

Igneo Infrastructure Partners to Acquire US Signal

Retrieved on: 
Monday, September 12, 2022

NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with more than US$15 billion in assets, has entered into an agreement to acquire a 100 percent equity share of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.

Key Points: 
  • NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Igneo Infrastructure Partners, a global infrastructure investment manager with more than US$15 billion in assets, has entered into an agreement to acquire a 100 percent equity share of US Signal Company, LLC (US Signal), a leading data center and network solutions provider.
  • "We believe US Signal has substantial growth opportunities and is a great fit for our investment portfolio, which focuses on high-quality, mid-market, core infrastructure businesses and geographic and sector diversification."
  • Richard Postma, chairman and CEO of US Signal, said, "Igneo is an experienced investor that is positioned to support and expand US Signal's data center presence and fiber network infrastructure to serve our regional enterprise customers.
  • Igneo Infrastructure Partners is an autonomous investment team in the First Sentier Investors Group.

Igneo Infrastructure Partners appoints Michael Ryder as partner and co-head of North American business to further drive expansion

Retrieved on: 
Wednesday, September 7, 2022

NEW YORK, Sept. 7, 2022 /PRNewswire/ --Igneo Infrastructure Partners, a global infrastructure investment manager, has appointed Michael Ryder as a partner and co-head of the firm's North American business.

Key Points: 
  • NEW YORK, Sept. 7, 2022 /PRNewswire/ --Igneo Infrastructure Partners, a global infrastructure investment manager, has appointed Michael Ryder as a partner and co-head of the firm's North American business.
  • Michael will join John Ma in spearheading Igneo's growth and expansion plans in the region.
  • Igneo invests directly in core infrastructure companies globally and sees significant investment opportunity In North America.
  • In addition to hiring Michael, Igneo plans to double the size of its North American investment team by the end of this year.

Patriot Rail to Acquire Pioneer Lines, Enhancing Rail Shipper Capabilities for Customers

Retrieved on: 
Monday, August 8, 2022

Patriot Rail Company LLC today announced it has entered into an agreement to acquire Denver-based Pioneer Lines, Inc.

Key Points: 
  • Patriot Rail Company LLC today announced it has entered into an agreement to acquire Denver-based Pioneer Lines, Inc.
  • "Pioneer Lines is a diverse rail company with talented professionals and deep customer relationships," said John E. Fenton, Patriot Rail's chief executive officer.
  • Patriot Rail expects this expansion to help drive new pathways connecting with U.S. and global markets, boosting economic growth and jobs, Fenton added.
  • Learn more at www.brookhavenpartners.com
    View original content to download multimedia: https://www.prnewswire.com/news-releases/patriot-rail-to-acquire-pioneer...
    SOURCE Patriot Rail Company LLC; Pioneer Lines

Patriot Rail Appoints Jennifer Crotty as Assistant Vice President Business Development

Retrieved on: 
Monday, July 11, 2022

JACKSONVILLE, Fla., July 11, 2022 /PRNewswire/ -- Patriot Rail, a leading rail and transportation services company in North America, announces the appointment of Jennifer Crotty as Assistant Vice President Business Development.

Key Points: 
  • JACKSONVILLE, Fla., July 11, 2022 /PRNewswire/ -- Patriot Rail, a leading rail and transportation services company in North America, announces the appointment of Jennifer Crotty as Assistant Vice President Business Development.
  • "My goal is to make an immediate and positive impact on the Patriot Rail team and the customers we serve," said Crotty.
  • "Jennifer brings business expertise and a strong understanding of the logistics environment to the Patriot Rail team," said Patriot CEO John E. Fenton.
  • Patriot Rail operates 14 regional and freight short line railroads, a scenic rail excursion train, and rail- related services companies with over 600 total rail miles across the United States.

Merced County Partners with Patriot Rail to Establish New Rail District

Retrieved on: 
Tuesday, February 8, 2022

The expansion of rail service in the new district is mutually beneficial for producers, Patriot Rail, and Merced County alike.

Key Points: 
  • The expansion of rail service in the new district is mutually beneficial for producers, Patriot Rail, and Merced County alike.
  • The lease term is for 20 years, with potential renewals subject to mutual agreement between Merced County and Patriot Rail.
  • "Patriot Rail is pleased to advance and help drive Merced County's vision of economic growth," said John E. Fenton, Patriot Rail CEO.
  • The agreement with Patriot Rail, a recognized leader in rail, rail services and safety, was executed through Patriot Rail subsidiary Foster Townsend Rail Logistics, LLC.

Patriot Rail Appoints Sam Sexhus as President and Chief Operating Officer

Retrieved on: 
Wednesday, January 26, 2022

JACKSONVILLE, Fla., Jan. 26, 2022 /PRNewswire/ -- Patriot Rail Company LLC, a leading U.S. operator of shortline and regional freight railroads and rail services, announced the appointment ofSam Sexhus as president and chief operating officer.

Key Points: 
  • JACKSONVILLE, Fla., Jan. 26, 2022 /PRNewswire/ -- Patriot Rail Company LLC, a leading U.S. operator of shortline and regional freight railroads and rail services, announced the appointment ofSam Sexhus as president and chief operating officer.
  • "Patriot Rail is experiencing tremendous growth, and Sam Sexhus' leadership will enable the company to further solidify
    Sexhus brings more than 25 years of railroad industry knowledge and experience to Patriot Rail.
  • "Patriot Rail is experiencing tremendous growth, and Sam Sexhus' leadership will enable the company to further solidify our shortline railroad footprint in the U.S.," said John E. Fenton, Patriot Rail CEO.
  • Prior to joining Patriot Rail, Sexhus served as vice president of Strategy and Technology at BNSF.

Patriot Rail Appoints Clint Morris as General Manager at Lakeshore Railcar & Tanker Services

Retrieved on: 
Tuesday, October 19, 2021

JACKSONVILLE, Fla., Oct. 19, 2021 /PRNewswire/ --Patriot Rail's Lakeshore Railcar & Tanker Services, a full-service, tank and hopper railcar cleaning facility with a wastewater management division, has announced the appointment ofClint Morris as General Manager.

Key Points: 
  • JACKSONVILLE, Fla., Oct. 19, 2021 /PRNewswire/ --Patriot Rail's Lakeshore Railcar & Tanker Services, a full-service, tank and hopper railcar cleaning facility with a wastewater management division, has announced the appointment ofClint Morris as General Manager.
  • Before joining Patriot, Morris served as Facilities Manager at VLS Recovery Services, a railcar cleaning and waste management company.
  • Lakeshore Railcar & Tanker Services is a 36 acre, full-service, kosher certified, logistics support complex specializing in tank and hopper railcar cleaning.
  • In addition to railcar wash, Lakeshore offers transloading, maintenance, Hazardous Materials (HM) testing, wastewater treatment services and railcar scrapping.

Patriot Rail Appoints Harry Zander as Chief Revenue Officer

Retrieved on: 
Wednesday, October 6, 2021

JACKSONVILLE, Fla., Oct. 6, 2021 /PRNewswire/ --Patriot Rail Company LLC, a leading U.S. operator of shortline and regional freight railroads and rail services, announced the appointment ofHarry Zander as Chief Revenue Officer.

Key Points: 
  • JACKSONVILLE, Fla., Oct. 6, 2021 /PRNewswire/ --Patriot Rail Company LLC, a leading U.S. operator of shortline and regional freight railroads and rail services, announced the appointment ofHarry Zander as Chief Revenue Officer.
  • "Patriot Rail is in growth mode, and the addition of Harry Zander to our leadership team further cements Patriot as a shortline rail leader," said John E. Fenton, Patriot Rail CEO.
  • "Patriot Rail is in growth mode, and the addition of Harry Zander to our leadership team further cements Patriot as a shortline rail leader," said John E. Fenton, Patriot Rail CEO.
  • Patriot Rail operates 13 regional and freight short line railroads, a scenic rail excursion train, and rail- related services companies with over 600 total rail miles across the United States.