Private investment firm Auxo Investment Partners has acquired Ferrovia Services, a provider of railroad and Department of Transportation (DoT) vegetation management services with locations across the US.
The addition follows Auxo’s recent purchase of Genesis Rail Services, LLC, a full-service railroad maintenance company, as Auxo develops a leading, diversified platform serving the railroad maintenance and mechanical services industry.
Auxo plans to integrate Ferrovia and Genesis Rail under one platform, facilitating the cross-selling of services to improve offerings to existing customers.