NARS-ZA Merger: US-Canada Rail Services Boost

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Introduction

North American Rail Solutions (NARS) has announced a combination with ZA Construction, a company based in Brandon, Mississippi, to create a provider of railroad-related services in the US and Canada.

Background of the Combination

The combination of North American Rail Solutions (NARS) and ZA Construction aims to enhance the offerings of design, maintenance, repair, construction, and other support services for the rail industry.

North American Rail Solutions (NARS)

NARS, a portfolio company of DFW Capital Partners, was formed in 2021. It has expanded its operations to more than 45 locations throughout the US and Canada. The company serves various industries, including manufacturing, petrochemical, mining, agriculture, food and beverage, raw materials, ports, transload facilities, and various railroads.

NARS president and CEO Tom Lucario stated: “We are looking forward to partnering with Zach and the whole ZA team, who have built a great American business doing critically important work to keep the nation’s Class 1 and short line railroads operating safely and efficiently. “We are confident that we can bring strategic direction, valuable capital, shared services and other support to help ZA continue to grow into the leading player in its markets.”

ZA Construction

ZA Construction, established in 2010 by Zach Ainsworth, delivers outsourced rail support services to Class I, shortline, and industrial rail sectors across the US. The company focuses on providing responsive service that minimizes operational disruptions for its clients.

Ainsworth said: “I am excited about this combination with NARS, which will allow ZA to continue to service our important Class 1, short line and industrial customers, while benefiting from the resources and North American reach of a much larger company. “I look forward to being part of the NARS team and expanding the customer base, capabilities and value proposition of the combined business.”

Recent Acquisition

In April 2024, NARS acquired Canadian signalling company Condor Signals and Communications. Condor continues to offer its rail switch heaters, bungalows, and racking systems.

Conclusion

North American Rail Solutions (NARS) and ZA Construction have combined to provide railroad-related services in the US and Canada. NARS acquired Condor Signals and Communications in April 2024.

Company Summary

North American Rail Solutions (NARS): A portfolio company of DFW Capital Partners, formed in 2021, with over 45 locations in the US and Canada, serving various industries.

ZA Construction: Established in 2010, provides outsourced rail support services to Class I, shortline, and industrial rail sectors across the US.

Condor Signals and Communications: A Canadian signalling company acquired by NARS in April 2024, offering rail switch heaters, bungalows, and racking systems.

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