Greene Holcomb Fisher (“GHF”) is pleased to announce that its client, Regional Rail, LLC (“Regional Rail”), a portfolio company of FC Crestone (previously known as FirstCity Crestone LLC), has been acquired by Levine Leichtman Capital Partners (“LLCP”). Founded in 2007 and headquartered in Kennett Square, Pennsylvania, Regional Rail owns and operates shortline railroads and rail-related businesses throughout the Mid-Atlantic U.S., serving a broad range of customers in markets including agriculture, lumber, energy and metal products. Regional Rail represents another marquee transaction for GHF’s energy and infrastructure industry practice.
“A successful track record of sourcing, acquiring, integrating and improving add-on opportunities, coupled with exceptional top-line growth and industry-leading margins, generated significant strategic and financial interest in the business. We were honored to have represented Regional Rail’s management team and shareholders.” –Bob Dovenberg, Managing Director at GHF
Regional Rail’s management team will retain significant ownership and will continue to lead the company.
Click here to read the full press release (originally published on the GHF website).
