Dechert advised Court Square Capital Partners (Court Square) and RailPros on the sale of Court Square’s stake in RailPros (the Company) to Littlejohn & Co., LLC (Littlejohn). Court Square originally acquired the Company in July 2020.
This sale follows Court Square's successful efforts in driving exceptional growth through customer wins and service offering expansion. RailPros plans to advance its next growth phase in collaboration with the Littlejohn team.
RailPros is a leading provider of outsourced safety management, design and engineering, inspection, site & program management, utility observation and training services to rail operators, utilities, state DOTs and contractors working near rail infrastructure. The Company manages projects and serves clients 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 over 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, and tech and telecom sectors.
Littlejohn is an integrated private equity and special situations investor focused on industrial and services companies in North America.
The Dechert team that advised Court Square Capital Partners included corporate partner Eric S. Siegel along with associates Ranjini Ramesh, Michael Balent and Laura Xie; tax partner David J. Passey and associate Lixun Chen; employee benefits partner Howard Klein and associates Tabitha Crosier and Brie Michaelson; labor and employment counsel Jeffrey W. Rubin; intellectual property partner Thomas A. Rayski and associate Frank I. Hwang; real estate special counsel Francois Quintard-Morenas; global finance partner Soo-ah Nah and associate Casey Klein; and antitrust partners James A. Fishkin and Michael Okkonen along with counsel Beverly Ang.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our nearly 1,000 lawyers across 16 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.
Related Professionals
Subscribe to Dechert Updates