3i-backed Regional Rail completes acquisition of Cincinnati Eastern Railroad to expand Midwest presence
Jul 03, 2024•over 1 year ago
Acquiring Company
Regional Rail
Acquired Company
Cincinnati Eastern Railroad
Description
Regional Rail, backed by 3i, has successfully completed the acquisition of Cincinnati Eastern Railroad. This acquisition further expands Regional Rail's Midwest presence, adding to its strategic growth and support for local railroad management, customers, and communities.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed