Cando Rail & Terminals (a portfolio company of TorQuest Partners) has been acquired by Alberta Investment Management Corporation

Client – Cando Rail & Terminals

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

AIMCo

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

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Private Equity
Counterparty Type
Financial
Headquarters
Brandon, MB (Canada)

Deal Team

Managing Director

Benjamin Marks

Director

Chris Klotsche