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Progress Rail Services

Progress Rail Services
1984 FOUNDED
M&A STATUS
1K-5K EMPLOYEES
M&A LATEST DEAL TYPE
2 FINANCING ROUNDS
16 INVESTMENTS
Description

Provider of outsourced maintenance and repair services, and products to the railroad industry in North America. The company offers a broad array of products and services for the maintenance and repair of rail-cars, locomotives, and track infrastructure. It operates in two segments, Locomotive and Railcar Services (LRS), and Engineering and Track Services (ETS). The LRS segment provides maintenance and repair services for railroad rolling stock. The ETS segment provides a range of products and maintenance services for rail infrastructure owners and contractors, supporting their maintenance and repair requirements. The company operates 91 facilities in 35 U.S. states, Canada, and Mexico.

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Primary Industry
Rail
Parent Company
Primary Office
  • 1600 Progress Drive
  • P.O. Box 1037
  • Albertville, AL 35950
  • United States

+1 (800) 000-0000

Progress Rail Services Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Progress Rail Services Acquisitions (16)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000 (00000 0000000 02-Jan-2018 000000000000000000 Other Commercial Products 0000000 000000000
000000 (0000000 00 21-Nov-2017 000000000000000000 000.00 Rail 0000000 000000000
00000000 0000000 02-May-2016 000000000000000000 Electrical Equipment 0000 000000
000000 07-Oct-2015 000000000000000000 Industrial Supplies and Parts 0000000 000000000
Rail Product Solutions 28-Sep-2015 Merger/Acquisition 00000 Industrial Supplies and Parts
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Progress Rail Services Subsidiaries (4)

Company Name Industry Location Founded
Inspired Systems Electrical Equipment Canning Vale, Australia 2010
0000000 0000 00000 Rail Chipping Norton, Australia 0000
000000 Industrial Supplies and Parts Naples, FL 0000
000 (00000 0000000 Other Commercial Products Pistoia, Italy 0000
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Progress Rail Services Former Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Progress Rail Services Executive Team (18)

Name Title Board
Seat
Contact
Info
Martin Haycraft President & Chief Executive Officer
William Ainsworth President & Chief Executive Officer
Keri Cole Chief Financial Officer
Roy Smith General Manager
Jason Donovan Operations Director

6 Former Executives

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