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Alpenglow Rail acquires VIP Rail

Alpenglow Rail LLC, a Denver-based company which is focused on developing and managing freight rail businesses and related assets in North America, has announced its acquisition of VIP Rail LLC, PE Hub reported. Financial terms of the deal were not announced. Alpenglow Rail is backed by private equity firm Stonecourt Capital, LP. VIP Rail is a short line rail business located in Sarnia, Ontario.

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M&A,M&A deals,mergers and acquisitions,portfolio companies