Garrett Container Systems
Manufacturer of highly engineered, mission critical container systems for the transportation and storage of armaments for the defense industry
Confluence Advisors is pleased to announce that it has successfully advised Workhorse Rail, a leading supplier of railroad freight car parts to the North American rail industry, in a sale transaction. Workhorse Rail serves the U.S., Canadian, and Mexican markets, supplying parts primarily to railroads for maintenance needs as well as to railcar manufacturers for application in newly built railcars. The acquisition aligns with the buyer's strategic goals of enhancing their product offerings and expanding their market footprint in the rail industry.
Workhorse Rail has built a strong reputation for its comprehensive product portfolio, which includes proprietary Workhorse Rail design products, parts developed through partnerships with strategic collaborators, and products adhering to commonly used and AAR-specified designs. The company also offers contract manufacturing for customer-specific designs and provides a robust inventory of parts available on the open market. Confluence Advisors leveraged its deep industry expertise to guide Workhorse Rail through a competitive process, resulting in a successful transaction that will foster the company's growth and innovation.