12/15/20
RICHMOND, Va. (BUSINESS WIRE) Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised
Appalachian Railcar Services, LLC (ARS), a portfolio company of GenNx360 Capital Partners, on its
sale to Cathcart Rail, LLC and its financial partner, Star America Infrastructure Partners, LLC (together with its related persons, Star America). ARS is one of the largest railcar repair companies in the U.S., providing a range of industrial logistics services including certified tank and freight car repair; various interior and exterior cleaning, coating and lining services; mobile repair; on-site customer repair operations; switching operations; and railcar storage. The transaction was led by Frank Mountcastle, Jeff Burkett and Trey Balson of the Harris Williams Transportation & Logistics (T&L) Group.
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Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Appalachian Railcar Services, LLC (ARS), a portfolio company of GenNx360 Capital Partners (GenNx360), on its sale to Cathcart Rail, LLC (Cathcart) and its financial partner, Star America Infrastructure Partners, LLC (together with its related persons, Star America). ARS is one of the largest railcar repair companies in the U.S., providing a range of industrial logistics services including certified tank and freight car repair; various interior and exterior cleaning, coating and lining services; mobile repair; on-site customer repair operations; switching operations; and railcar storage. The transaction was led by Frank Mountcastle, Jeff Burkett and Trey Balson of the Harris Williams Transportation & Logistics (T&L) Group.
| UPDATED: 17:46, Sun, Dec 13, 2020
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