Novacap's Hallcon acquires Kansas-based TCS, Rail Temps
Hallcon Corp has acquired Overland Park, Kansas-based Transportation Certification Services Inc (TCS) and Rail Temps Inc, which together provide training, certification, consulting, regulatory compliance, and staffing for the rail and transit industries. No financial terms were released. Hallcon, an outsourced transportation services specialist, said the deal will position it for entry into new markets and geographies and add to its capabilities. Based in Toronto, Hallcon was acquired by Canadian private equity firm Novacap in mid-2015. Novacap and co-investors bought the business from U.S. private equity firm Southfield Capital.
21 April 2017•3 mins read
