Northborne Partners

MINNEAPOLIS, MN, April 24, 2024 – Northborne Partners is pleased to announce that it served as the exclusive financial advisor to Omega Rail Management (“Omega”), a TerraPact company, in connection with its acquisition by RailPros. Financial terms were not disclosed.

Omega Rail Management is based in Nashville, Tennessee and provides right of way management services on more than 70 corridors across over 20 states. RailPros is the largest provider of railroad right of way and field services in North America. Omega will continue to provide the same exceptional service to clients, with new opportunities for additional services being offered by the combination of Omega and RailPros services and teams.

Ben Marks, Managing Director at Northborne, commented “Omega Rail developed a unique one-stop-shop for railroad contract management services, allowing railroads to shed non-core activities while maximizing the value of their real property. It has been a privilege working with the TerraPact team, and we look forward to seeing Omega’s continued success under RailPros’ ownership.”

About Northborne Partners

Northborne Partners is a preeminent middle market investment banking firm focused on providing M&A advisory services to companies in the food & consumer, healthcare, industrials and business services sectors. It specializes in advising private-equity-owned and closely held businesses on complex sell-side transactions. Northborne Partners is headquartered in Minneapolis, MN. For more information, please visit https://northborne.com/.

About TerraPact

Founded in 2012 and headquartered in Waltham, Massachusetts, TerraPact is a leading acquirer and manager of real estate assets critical to infrastructure within North America's wireless, broadband, and energy sectors. TerraPact offers asset owners a unique opportunity to divest and monetize their holdings through flexible and economically rewarding transactions. Since 2015, TerraPact has acquired over 1,000 tenant contracts affiliated with over 200+ properties and 2,000+ linear miles of right of way that enable today’s digital and power infrastructure. For more information, please visit https://terrapact.com/.

About RailPros

RailPros, a Court Square Capital Partners portfolio company, is headquartered in Irving, Texas, with offices and personnel across North America. The company, which was founded in 2000, is exclusively focused on providing services to freight, passenger and transit rail carriers across North America. RailPros employs over 1,000 rail and transit engineers, construction managers, real estate and right of way services, inspectors, design engineers, and field support staff, enabling us to service the full spectrum of the industry’s management, engineering construction management, planning, and design needs. In addition, RailPros has a combined training and media production team, producing technical and safety training for rail carriers and rail-related industrial clients. We have a unique understanding of the industry’s rail and transit needs, and our expertise helps our clients complete work safely, efficiently, and with minimal disruption to existing rail service. Rail isn’t a part of our business, it IS our business. For more information, please visit https://railpros.com/.