Remprex successfully completes strategic refinancing to strengthen financial position and drive growth

Remprex, a leading provider of innovative solutions for intermodal terminal operations across North America, today announced the successful completion of a strategic refinancing, effective January 7, 2025. This transaction involved the participation of both new and existing investors, including BTG Pactual U.S. Private Credit Investments and long-term investor Cyprium Investment Partners, LLC, and reinforces Remprex's ability to execute its strategic objectives with a continued focus on operational excellence and service.

As part of the transaction, Remprex, LLC merged into a new corporate structure and is now operating as Remprex, Inc. This change is administrative and does not impact leadership, strategic vision, or the Company's commitment to exceptional service. The name change reflects an evolution in corporate structure that enhances operational alignment and scalability while maintaining continuity in leadership, strategic vision, and stakeholder relationships.

"This refinancing is a testament to the dedication and hard work of our entire team," said Remy Diebes, President & CEO of Remprex, Inc. "With the commitment and support of our investors and a strengthened financial foundation, we are well-positioned to advance our strategic initiatives, drive innovation, and continue delivering best-in-class solutions to our customers."

Tom Steiglehner, Head, BTG Pactual US Private Credit Investments expressed "We are pleased to provide this important financing to the Company offering it liquidity and flexibility to help management achieve its business plan."

Continued Commitment to Customers and Employees

This refinancing reaffirms Remprex's dedication to operational excellence, customer satisfaction, and employee engagement. The Company continues to invest in technology, infrastructure, and operational efficiencies, ensuring it remains at the forefront of the intermodal sector by leveraging automation, data-driven optimization, and advanced technology solutions.

Transaction Professionals

Stephens, Inc. served as the exclusive financial advisor to the Company and Houlihan Lokey, Inc. represented Cyprium. Remprex was represented by Taft Stettinius & Hollister LLP. Riemer & Braunstein LLP and Benesch Friedlander Coplan & Aronoff LLP represented new and existing investors, respectively.