Washington-based global private equity firm The Carlyle Group announced June 4 that it would acquire a majority stake in RMI of Atlanta.
RMI is the largest independent provider of comprehensive rail information services to the transportation industry.
It provides critical web-based transportation and logistics solutions for a variety of participants in the transportation industry, including short-line, regional, Class I and terminal switching railroads, railcar leasing companies, rail shippers and barge operators
“Carlyle’s extensive knowledge of the transportation sector, as well as its global network, will enable us to further the growth of our business,” said company CEO J. Peter Kleifgen in a statement.
The internal operating structure of RMI will not change, according to a press release.
The Carlyle Group is one of the world’s largest private equity firms, with more than $58.5 billion under management. It manages 51 funds in buyouts, venture and growth capital, real estate and leveraged finance disciplines. Carlyle has more than 400 investment professionals operating offices in 18 countries in North America, Europe, Asia, Australia and Africa.
For more information, contact Heather Graham at (404) 214-0722 x103 or email@example.com. Visit www.thecarlylegroup.com