Private equity's quiet takeover of US short-line railroads
Let’s delve into this classic rollup thesis
© Richair
By Alex Lennane
Amerijet’s financial struggles, blamed in part on private equity (PE) “extraction”, have seen it taken over by a hedge fund, according to a source familiar with the matter.
It was acquired in 2016 by ZS Fund and partners. But according to a well-placed source, Amerijet became ...
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