Sale to Greenbriar Equity Group LLC

Industrial
Sale to Greenbriar Equity Group LLC

Summary

Baird served as the exclusive financial advisor to Nordco

About

Nordco Inc. (“Nordco” or the “Company”), a portfolio company of OMERS Private Equity (“OPE”), was recently acquired by Greenbriar Equity Group LLC (“Greenbriar”). Terms of the transaction were not disclosed.

Nordco is a leading provider of equipment and services for rail maintenance-of-way and railcar mover applications. The Company’s specialized equipment and services ensure the safety, efficiency and function of rail infrastructure across North America. Nordco services Class I and shortline railroads, as well as industrial shipping companies utilizing rail transportation. The Company is headquartered in Oak Creek, Wisconsin with additional facilities in Missouri, Illinois and Connecticut.

With over $6 billion of investments under management, OPE manages the private equity activities of OMERS. OMERS is one of Canada's largest pension funds with over $60 billion in net assets. OPE's investment strategy includes the active ownership of businesses in North America and Europe. OPE is headquartered in Toronto, Canada, with offices in London and New York.

Greenbriar Equity Group LLC, a private equity firm with over $2.0 billion of committed capital, focuses exclusively on the global transportation industry, including companies in the aerospace and defense, logistics and distribution, freight and passenger transport, automotive and related sectors. Greenbriar invests with proven management teams who are interested in being significant equity owners in their companies as well as with corporate partners who are interested in raising capital. Greenbriar is headquartered in Rye, New York.

For additional information about this transaction, please contact:

Chris McMahon (312) 609-4983
Tom Lacy (414) 298-7648
Joe Packee (414) 298-7644
Mike Lindemann (414) 298-7408
Tom Coburn (414) 298-5972
Nick Sealy +44 (0) 207 667 8370
Industrial
Sale to Greenbriar Equity Group LLC
Date
August 2013
Company
Nordco Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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