Bourque Logistics closes $100M+ growth financing from sixth street

Capital solution supports Bourque Logistics' next phase of growth in connection with its acquisition of AllTranstek

Bourque Logistics ("Bourque"), the leader in rail logistics systems, and Sixth Street, a leading global investment firm, is happy to announce that Bourque has closed a $100+ million financing from Sixth Street. The growth financing supports Bourque's recently announced acquisition of AllTranstek, which combines the respective rail fleet logistics and asset management expertise of Bourque and AllTranstek into a comprehensive solution for the rail industry.

"Following our acquisition of AllTranstek, our new combined company is poised for a new phase of growth by leveraging its technology to streamline logistics, compliance, and safety processes for railcar shippers, owners, and their maintenance providers," said Steve Bourque, president of Bourque Logistics. "Our partnership with Sixth Street provides us with a robust capital financing solution designed to support the execution of our strategy at this important inflection point for our company."

"We are pleased to be forming this partnership with Bourque during this transformational moment in the evolution of its business," said Bo Stanley, partner at Sixth Street. "This investment is a great example of the flexibility of our capital and our platform's ability to build partnership-driven solutions to fit a company's strategic objectives."

Bourque's logistics and freight systems are utilized by over 150 North American rail shippers and its YardMaster® system is deployed at over 350 North American rail facilities to optimize railcar inventory, switching, inspection, and loading/unloading operations. The combination of Bourque and AllTranstek creates a unified entity providing improved oversight, streamlined processes, enhanced safety and compliance outcomes, and an unparalleled range of services tailored to the needs of railcar owners.