InfraRed Capital Partners has acquired Rail Modal Group LLC, a provider of integrated supply chain solutions and inland port operations, for an undisclosed amount. The transaction transfers full ownership of Rail Modal Group to InfraRed, marking the completion of a corporate acquisition rather than a financing event.
Rail Modal Group operates strategically located inland ports across North Dakota, Texas, Nebraska, and Missouri, with a focus on protein and agricultural exports through key gateway ports. The company leverages its position in the supply chain to coordinate rail, truck, and storage services for front-end participants, particularly those moving bulk commodities to international markets. InfraRed Capital Partners, an infrastructure investment manager, acquires the company as a direct ownership stake, adding Rail Modal Group to its portfolio of transport and logistics assets.
The acquisition is driven by InfraRed’s interest in expanding its exposure to critical freight infrastructure. Rail Modal Group’s inland ports serve as transfer points between rail networks and final export routes, a segment that benefits from long-term demand for U.S. agricultural exports. By taking full control of the company, InfraRed gains direct operational oversight of these assets, which are positioned to capture volume growth in protein and grain shipments. The deal also aligns with InfraRed’s broader strategy of investing in essential, hard-to-replicate infrastructure.
For Rail Modal Group, the change in ownership provides access to InfraRed’s capital base and project management expertise, which could support expansion of its port capacity or upgrades to existing facilities. The company’s existing management team is expected to remain in place, ensuring continuity for its customers and rail partners. No changes to daily operations or service levels have been announced.
The combined entity will operate with InfraRed as the sole owner, focusing on maintaining Rail Modal Group’s role in agricultural export logistics. The acquisition positions the company to benefit from sustained trade flows, with InfraRed’s backing potentially enabling further investment in its network of inland ports.