Addition of Omega Rail bolsters company’s position as a trusted partner to right of way owners across North America.
Dallas – April 24, 2024 – Irving, TX-based RailPros announced today that it has acquired Omega Rail Management, a TerraPact company.
Omega Rail Management is based in Nashville, Tenn., and provides right of way management services on more than 70 corridors across over 20 states. It will continue to provide the same exceptional service to clients, with new opportunities for additional services being offered by the combination of Omega and RailPros services and teams.
“The services offered by Omega Rail dovetail nicely into what we already offer our clients” said Ken Koff, President and Chief Executive Officer of RailPros “As the largest provider of railroad right of way and field services in North America, the addition of Omega will expand our offering to a number of new clients and areas. RailPros commitment to service excellence and our people-centric business model will guide us in integrating the companies to provide an even more comprehensive suite of products and services for our clients.”
“We’re thrilled about the next chapter for Omega Rail” said Ben Myers, Chief Executive Officer for TerraPact. “This strategic carve out allows Omega to thrive under a best-in-class RailPros team while unlocking resources back to TerraPact’s digital infrastructure strategy. Truly a win-win for both parties.”
Both RailPros and Omega will continue to provide services to rail and rail-adjacent industries across North America, with the Omega team strengthening RailPros existing real estate offerings.
Northborne Partners served as the exclusive financial advisor to TerraPact.