Auxo Investment Partners has acquired a family-owned Bay City foundry that specializes in manufacturing heavy steel components.
Genesis Rail Company, part of the Auxo Investment Partners family of companies, is proud to announce the appointment of Rance Randle as its CEO. With over two decades of experience in railroad operations, logistics and intermodal transportation, Rance will be instrumental in strengthening Genesis' market position, enhancing safety and operational efficiency, delivering exceptional customer value.
"We are thrilled to have Rance join Genesis Rail Services," said Jeff Helminski, General Partner at Auxo Investment Partners. "His expertise in driving operational excellence and his ability to inspire high-performing teams will be invaluable as we work to deliver exceptional service to our customers while navigating the evolving demands of the rail industry."
Private investment firm Auxo Investment Partners announced today that it has acquired Southeast Vegetation Management (SEVM), an Alabama based provider of Vegetation Management services to US railroads.
Headquartered in Brierfield, AL, Southeast Vegetation Management, LLC represents an expansion of Genesis Rail Company's vegetation management division. The combination of Ferrovia and SEVM creates the largest pure play herbicide rail vegetation management platform in the United States.
Private investment firm Auxo Investment Partners announced today the acquisition of Bay Cast Incorporated (BCI) and Bay Cast Technologies (BCT), an integrated steel casting and precision machining company based in Bay City, Michigan. Bay Cast specializes in producing large, complex components for the space, marine, aerospace & defense, energy, chemical, testing, power generation, automotive, and agricultural industries.
"Joining forces with Auxo Investment Partners represents a pivotal moment for Bay Cast," said Scott Holman, President of Bay Cast Technologies (BCT). "Their commitment to operational excellence and strategic growth aligns seamlessly with our vision, enabling us to enhance our capabilities and better serve our diverse clientele."
Precision Products Group ("PPG"), an Auxo Investment Partners portfolio company, announced today the acquisition of Cindus Corporation, a Cincinnati, Ohio-based manufacturer of crepe paper for electrical and industrial applications.
PPG's acquisition of Cindus will strengthen its position as a key supplier of insulation materials to the rapidly expanding electrical transformer market. It will also enable the combined company to accelerate investments aimed at expanding capacity and production volumes.
rivate investment firm Auxo Investment Partners announced today that it has acquired Southeast Vegetation Management (SEVM), an Alabama based provider of Vegetation Management services to US railroads. Headquartered in Brierfield, AL, Southeast Vegetation Management, LLC represents an expansion of Genesis Rail Company’s vegetation management division. SEVM is known for its expertise in delivering safe, efficient, and environmentally responsible vegetation management solutions.