Graycliff Partners Announces Credit Investment in Ferrovia

Graycliff Partners LP announced it has completed a subordinated debt investment and minority equity investment in support of Auxo Investment Partners’ acquisition of Ferrovia Services, LLC (“Ferrovia”) and merger with Auxo’s existing platform, Genesis Rail Service (“Genesis), (together, “Auxo Rail”).  Auxo Investment Partners is a Grand Rapids, Michigan-based private investment firm that partners with owners and management teams of companies at transition points in their history.

Founded in 1976, Ferrovia provides mission-critical and regulated vegetation management, inspection, and abatement services to North America’s Class I railroads, as well as a variety of Class II, short line, industrial railroad customers, state DoTs, and utility providers.

Coming on the heels of Auxo's recent investment in Genesis Rail Services, which serves Class I, Class II and industrial railroads across the country, Auxo will integrate the two companies under one platform, “Auxo Rail", facilitating the cross-selling of services to improve offerings to existing customers.

“We are very excited about the near- and long-term growth trajectory for Ferrovia and Genesis and look forward to working with the Auxo team to build upon the company’s already strong foundation,” said Troy Iskarpatyoti, Vice President, Graycliff Partners.

“This represents our first investment with Graycliff and we look forward to the new partnership. Throughout the process, their team was thoughtful and flexible, and was able to close according to our expedited timeline,” said Jeff Helminski, Managing Partner, Auxo Investment Partners.

About Graycliff Partners LP

Graycliff Partners is an investment firm focused on making lower middle market investments. Through dedicated equity and credit funds, Graycliff seeks to invest in companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion. 

Graycliff Partners’ dedicated credit platform manages over $650 million of committed capital and provides financing solutions to lower middle market companies with $3 million to $25 million of EBITDA.

Graycliff is actively seeking new opportunities to deploy capital via unitranche debt, subordinated debt, or minority equity. Please reach out to anyone on the Graycliff team – we are happy to discuss new potential opportunities.