Private-equity firm sells railcar supplier
A Charlottesville private equity firm announced Tuesday the sale of railcar supplier A. Stucki Co. to Stone Canyon Industries.
Terms of the deal were not disclosed.
A. Stucki, headquartered near Pittsburgh, provides engineering, reconditioning and manufacturing of railcar and industrial parts.
Quad-C invested in the firm in 2010 along with members of the A. Stucki management team. Since then, revenues at the company have more than doubled from organic growth and acquisitions.
Quad-C’s other transportation and logistics investments include Worldwide Express and Network Global Logistics.