Founded in 2018 by Greg Oberting, Rail Modal Group operates one of the largest private inland intermodal terminal networks in the United States. The company specializes in connecting agricultural producers located far from coastal hubs to global markets by integrating regional terminals with the North American Class I rail network. Oberting will continue to lead the business following the investment.
Rail Modal Group Secures Strategic Investment from InfraRed Capital Partners
Minneapolis-based Northborne Partners has finalized its role as exclusive financial advisor for Rail Modal Group, facilitating a strategic investment from the international infrastructure firm InfraRed Capital Partners. The deal marks a significant expansion phase for the logistics provider, though specific financial terms of the transaction remain undisclosed.
Ben Marks, Managing Director at Northborne, noted that the platform provides a critical link in the agricultural supply chain. This agreement represents the 17th rail-related transaction completed by Northborne Partners over the last five years. Koley Jessen served as legal counsel to RMG throughout the deal, which positions the company to scale its infrastructure and logistics solutions for North American exports.
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