Acquiring Company
TRM Equity
Acquired Company
National Railway Equipment
Description
TRM Equity II ("TRM") has acquired certain assets of National Railway Equipment Co. ("NRE"). Headquartered in Mount Vernon, IL, with facilities across five other continents, NRE is a premier provider of Locomotive, Marine, and Engine services, specializing in remanufacturing, rebuilds, repair, modernization, and maintenance. The transaction was completed on May 2, 2023. NRE employs over 300 people in its US facilities.
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