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P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive investment banker to RSI Logistics (“RSI” or the “Company”) in its sale to Trinity Industries, Inc. (NYSE:TRN).
Founded in 1984, RSI is a data-centric provider of proprietary software, logistics services, and terminal management solutions to the North American rail industry. Named by Inbound Logistics as a “Top 100 3PL Company” in 2021 and 2022, RSI supports 46 Fortune 500 customers with software and logistics services. It offers a full suite of services through four uniquely positioned and synergistic business units: Software, Logistics Services, Terminals, and Intermodal Transportation.
Headquartered in Dallas, Texas, Trinity owns businesses that are leading providers of rail transportation products and services across North America. Trinity markets railcar products and services under the trade name TrinityRail®. TrinityRail provides railcar leasing and management services, as well as railcar manufacturing, maintenance, and modifications.
PMCF served as exclusive investment banker to RSI. Bob Tuchek, RSI’s former majority owner, said, “We selected PMCF to advise us through the entire sale process. The PMCF team understood the unique value drivers of our company and effectively represented us in the market. Their process was highly customized to ensure our objectives were achieved.”
Joe Wagner, Managing Director of PMCF, added, “We are proud to have represented RSI Logistics on this transaction and enjoyed working with the ownership and management team. RSI has disrupted the rail industry with its unique suite of services and capabilities, and Trinity proved to be the best buyer for the continued growth and expansion of RSI’s business in North America. We look forward to watching the two businesses grow together.”
The transaction closed in March 2023. Foster Swift Collins & Smith PC served as the legal advisor to the Company.
PMCF is a client-centric middle market investment bank providing merger and acquisition advisory services to private, public, and private equity owned companies worldwide. We combine our expansive industry and transactional expertise with highly engaged, senior-level bankers to create tailored solutions for all our clients. PMCF helps clients meet their sale, acquisition, financing, and strategic growth objectives through a broad range of services, including sale advisory, acquisition advisory, capital raising, transaction planning, and strategic advisory. We have dedicated professionals focused on manufacturing, distribution, transportation & logistics, plastics & packaging, business services, software & technology, healthcare, and consumer & retail industries.
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