Cando Rail & Terminals (a portfolio company of TorQuest Partners) has been acquired by Alberta Investment Management Corporation
Client – Cando Rail & Terminals
Canada’s leading provider of specialized rail operating services that allow industrial shippers to optimize their supply chains and connect to Class I railways by leveraging its operating capabilities and network of owned multi-purpose rail terminals.
Counterparty – Alberta Investment Management Corporation
One of Canada’s largest and most diversified institutional investment managers with $168.3 billion AUM as of December 31, 2021.
Northborne was a trusted partner – their industry expertise proved invaluable to ensure Cando’s novel value proposition and business model was communicated effectively.Brian Cornick President & CEO of Cando Rail & Terminals