MINNEAPOLIS, Aug. 24, 2026 /PRNewswire/ — Northborne Partners today announced that it served as the exclusive financial advisor to Genesis Rail Company (“Genesis”), a portfolio company of Auxo Investment Partners (“Auxo”), in connection with the sale of Ferrovia (the “Company”) to Secovia Capital. Financial terms of the transaction were not disclosed.
Acquired by Auxo in November 2021 as part of its Genesis Rail platform, Ferrovia has grown to become the largest railroad vegetation management services provider in the United States. The Company provides mission-critical and regulated vegetation management, inspection and abatement services to North America’s Class I railroads, as well as Class II and short line railroads, industrial rail customers, state DOTs and utility providers.
Genesis will continue to be led by Rance Randall, CEO, alongside the existing management team.
Ben Marks, Managing Director at Northborne, commented, “Ferrovia sits at the intersection of several themes that continue to resonate with investors: essential services, recurring maintenance spending, technology-enabled service delivery and multiple avenues for organic and inorganic growth. As railroads continue to prioritize network reliability, safety and operational efficiency, we believe demand for specialized service providers like Ferrovia will remain strong. We were privileged to advise Auxo and Genesis on this transaction and are excited to see Ferrovia continue its next phase of growth in partnership with Secovia Capital.”
Northborne is the leading middle market advisor to businesses in the rail & rail services industry. This transaction marks Northborne’s 18th completed rail-related transaction in the past five years and 5th in 2026.
About Northborne Partners
Northborne Partners is a leading middle market investment bank specializing in mergers and acquisitions (M&A) advisory for private business owners seeking successful outcomes at defining moments. The firm was purpose-built to help founders, entrepreneurs, family-owned businesses and private equity firms sell their companies. With deep industry expertise and relationships, Northborne Partners has built a track record of industry-defining transactions across the Industrials & Infrastructure, Services, Healthcare and Food & Consumer sectors. Northborne Partners brings sophistication to the middle market through senior-level attention and a customized approach proven to deliver premium outcomes for clients when it matters most. Northborne Partners is headquartered in Minneapolis, MN with an additional office in Atlanta, GA. For more information on the firm’s sell-side M&A advisory services and experience, visit northborne.com.
About Genesis Rail Company
Genesis Rail Company is a North American provider of railroad infrastructure maintenance services. Through its family of operating companies, the platform provides outsourced, mission-critical maintenance of way, mechanical and construction services to Class I, Class II, short line and industrial rail customers throughout the United States and Canada. For more information, please visit www.genesisrailco.com.
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 its name reflects, Auxo is not merely an investor, but a partner. For more information, please visit www.auxopartners.com.
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SOURCE Northborne Partners
