Pioneer Lines

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
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    SOURCE Patriot Rail Company LLC; Pioneer Lines