Houlihan Lokey Advises Littlejohn & Co.
Houlihan Lokey is pleased to announce that Littlejohn & Co., LLC (Littlejohn), a private investment firm based in Greenwich, Connecticut, has acquired RailPros from Court Square Capital Partners (Court Square).
Littlejohn is an investment firm focused on private equity and debt investments in growing middle-market industrial and services companies that can benefit from Littlejohn’s 25+ years of operational and sector expertise. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change.
RailPros is a leading provider of outsourced services to rail, utilities, and transportation clients, offering turnkey safety management, engineering, utility observation, real estate permitting, project management, and construction management, as well as strategic consulting, safety, compliance, and technical training programs. Over the past 25 years, RailPros has continuously introduced new services to its customer base, strengthening its reputation as a trusted technical services partner. The company’s practice includes work in all 50 states and Mexico.
Court Square is a middle-market private equity firm with more than 40 years’ experience in the industry. Since 1979, Court Square has completed more than 245 platform investments and is focused on helping founders, families, and manager-owners to develop their companies into leaders in their respective markets. Court Square invests in companies that have compelling growth potential in the industrial, business services, healthcare, tech, and telecom sectors. As of December 2024, Court Square has $9.7 billion in assets under management and is based in New York, New York.
Houlihan Lokey served as a financial advisor to Littlejohn. This deal exemplifies the continued success of Houlihan Lokey’s leading coverage of the engineering and infrastructure services sector.
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