Pioneer Lines (a portfolio company of US InfraVest and Stephens Capital Partners) has been acquired by Patriot Rail (a portfolio company of Igneo Infrastructure Partners)

Client – Pioneer Lines

Pioneer Lines

Owns and operates 15 short line railroads across 12 states. Pioneer’s railroads support (directly or indirectly) over 17,000 jobs in the U.S. and transport diverse commodities, including agricultural and food products, iron and steel, plastics, chemicals, building materials and forest products.

Counterparty – Patriot Rail

Patriot Rail

Operates 16 regional and freight short line railroads, a scenic rail excursion train and rail-related services companies. The company has operations more than 15 states.

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Private Equity
Counterparty Type
PE-Backed Strategic
Headquarters
Greenwood Village, CO

Deal Team

Managing Director

Benjamin Marks

Director

Chris Klotsche