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North American Rail Solutions completes acquisition of Tri Innovations Consulting Ltd. to expand in-house service capabilities

Jun 20, 2024about 1 year ago

Acquiring Company

North American Rail Solutions

Acquired Company

Tri Innovations Consulting Ltd

Fort WorthCalgaryManufacturingTransportationEnergy

Description

North American Rail Solutions, the largest provider of railroad services in North America, proudly announces the acquisition of Tri Innovations Consulting Ltd. This acquisition significantly enhances North American Rail Solutions' capabilities, positioning the company to offer a full suite of in-house services, from design-build to maintenance and operations.

Company Information

Company

North American Rail Solutions

Location

Fort Worth, Texas, United States

About

North American Rail Solutions, through its subsidiary, American Track, is the largest provider of industrial rail inspection, construction, maintenance, and terminal services in North America. Operating from 25 full-service offices strategically located in the U.S. and Canada, North American Rail Solutions serves a wide range of industries, including manufacturing, petrochemical, mining, agricultural products, food and beverage, basic raw materials, ports, transload facilities, transit, Class 1 and short-line railroads.

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M&A Insights

Based on deal data
Integration 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