Iowa Northern Railway Company (a portfolio company of Trive Capital) has been acquired by CN

Client – Iowa Northern Railway Company

Iowa Northern

Short line railroad in Iowa with approximately 275 miles of track serving the upper Midwest agricultural and industrial end markets

Counterparty – CN

CN

Transports more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year for its customers. With its nearly 20,000-mile rail network and related transportation services, CN connects Canada’s Eastern and Western coasts with the U.S. Midwest and the Gulf of Mexico.

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Private Equity
Counterparty Type
Strategic
Headquarters
Waterloo, IA

Deal Team

Managing Director

Benjamin Marks

Director

Chris Klotsche