American Track Acquires Strategic Rail in Wisconsin
Expanding Rail Support Services
FORT WORTH, Texas, May 21, 2024 – North American Rail Solutions, through its subsidiary American Track, announced the acquisition of Strategic Rail, LLC in Tomahawk, Wisconsin. The merged companies will operate under the American Track name. As a result, North American Rail Solutions strengthens its position in the North American rail industry.
About Strategic Rail
Strategic Rail was founded in 2005 by Dianna and Travis Gustafson. Since then, the company has built a strong reputation in the Great Lakes region. It provides key rail support services, including grapple truck operations, material handling, railcar movement, and vegetation control. In addition, Strategic Rail serves Class 1, short-line, and industrial customers. Because of this acquisition, American Track expands its geographic reach and service capabilities.
Strategic Impact
This acquisition adds valuable support services to American Track’s portfolio. It also strengthens operations across the Great Lakes region. Furthermore, both companies share similar values and operational culture, which supports a smooth integration and long-term growth.
Leadership Perspective
Mike Erekson, COO of American Track, highlighted the benefits of the acquisition. He noted that Strategic Rail strengthens service offerings and aligns well with the company’s culture. Dianna Gustafson also shared her perspective, emphasizing shared goals around quality service and creating new opportunities for employees.
About North American Rail Solutions
North American Rail Solutions formed in 2021 when DFW Capital Partners partnered with American Track. Today, the company operates from 25 full-service locations across the U.S. and Canada. It delivers services that support safety, compliance, and rail performance. The company serves industries such as manufacturing, petrochemical, mining, agriculture, food production, ports, and rail networks.
About American Track
American Track is headquartered in Fort Worth, Texas. It provides turnkey rail solutions across the United States. Its services include design, construction, maintenance, inspection, and terminal support for industrial, municipal, and logistics rail infrastructure.
About DFW Capital Partners
DFW Capital Partners is a private equity firm focused on lower middle-market companies. It manages approximately $2 billion in assets. The firm invests in service-based businesses, including industrial support and healthcare, and has built a strong track record over 20+ years.
Strengthening Market Presence
This acquisition strengthens American Track’s position in the rail industry. By expanding service capabilities and geographic reach, the company delivers greater value, efficiency, and long-term performance for its customers.