Pinsly Railroad Company has sold its Massachusetts Short Line and Warehousing business to Gulf & Atlantic Railways (a portfolio company of Macquarie Infrastructure Partners)
Client – Pinsly Railroad Company
Provides service to direct-rail customers and non-rail served accounts via transload through its operating subsidiaries of Pioneer Valley Railroad (PVRR) and Railroad Distribution Services (RDS).
Counterparty – Gulf & Atlantic Railways
Owns and operates five regional and short line railroads serving six states, offering freight services, transloading, railcar storage and industrial development opportunities.
The Northborne team brought tremendous M&A expertise and short line industry experience to this transaction – their advice and guidance throughout this process were invaluable in helping us achieve this excellent outcome.John Levine Pinsly Railroad Company’s CEO