Sale Follows Ferrovia’s Growth to Become the Leading Player in the Railroad Vegetation Management Industry
AUBURN, Ala., Aug. 24, 2026 /PRNewswire/ — Auxo Investment Partners (www.auxopartners.com), Michigan’s leading lower middle market private investment firm, today announced a successful exit from its investment in Ferrovia through a sale to Secovia Capital. Terms of the transaction were not disclosed.
Acquired by Auxo in November 2021 as part of its Genesis Rail Services platform, Ferrovia flourished under Auxo’s ownership. Leveraging Auxo’s value creation/portfolio company operations team, coupled with a successful organic and acquisitive growth strategy, Ferrovia grew into the nation’s largest provider of railroad vegetation management services.
“We are proud of Ferrovia’s growth achieved during our ownership and this is an ideal outcome for everyone involved. Secovia Capital is acquiring a great business with a committed management team. Ferrovia gains a terrific new owner with whom they are excited to partner with – an important consideration for us – and Auxo delivers a strong return and liquidity for our investors at a time when many sponsors are struggling to do so,” said Auxo Managing Partner Jeff Helminski. “The sale of Ferrovia also provides a significant amount of capital for Genesis Rail Services that enables Rance and his team to continue investing in and growing the business.”
“The additional capital provided by the sale of our vegetation management division allows us to accelerate our investments in equipment to expand existing service lines, product development to offer new solutions for our customers such as our recently introduced Track Sweeper, and to continue our acquisition strategy,” said Rance Randle, who will continue to lead Genesis Rail Services as CEO.
Northborne Partners served as exclusive financial advisor to Genesis Rail Services and Ferrovia. Miller Johnson LLP and BDO USA, LLP also served as advisors. Mercantile Bank of Michigan and Graycliff Partners provided financing to Auxo throughout its ownership of Ferrovia.
A Long-Term, Collaborative Approach
Auxo is actively seeking partnerships with companies that meet the following investment criteria:
- North America-based
- Manufacturing, industrial, or business services industries
- EBITDA of $2-$20 million
- Owner-operators seeking retirement, family succession planning solutions or existing teams seeking to grow their businesses
About Auxo Investment Partners
Auxo Investment Partners is a Grand Rapids, Michigan-based private investment firm that partners with owners and management teams of companies at transition points in their history. Auxo’s flexible capital model allows for long-term, growth-oriented decision-making without artificial deadlines. The structure was specifically designed for family businesses facing a generational transition or management teams seeking a partner to fuel growth and achieve their full potential with a long-term investment approach. Auxo’s unique philosophy aligns the interests of its companies, their employees, the communities in which they are located and its investors to achieve optimal outcomes for all. As our name reflects, we are not merely investors, but partners. For more information, please visit www.auxopartners.com
Media Contact:
Kara Potter
(616) 980-9810
info@auxopartners.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/auxo-investment-partners-closes-sale-of-ferrovia-to-secovia-capital-302857509.html
SOURCE Auxo Investment Partners
