#United States #Lisle #Remprex #BTG Pactual #Cyprium Partners

Remprex Completes Successful Strategic Refinancing

In a significant move to fortify its financial position and drive future growth, Remprex, a premier provider of intermodal terminal solutions in North America, announced the successful completion of a strategic refinancing transaction. Effective January 7, 2025, this initiative has been made possible through the collaboration of both new and existing investors, prominently including BTG Pactual U.S. Private Credit Investments and Cyprium Investment Partners, LLC. This refinancing is set to bolster Remprex's operational capabilities while maintaining an enduring focus on excellence and top-tier service.

The restructuring involved the merger of Remprex, LLC into a newly established corporate structure, now functioning as Remprex, Inc.. This change is primarily administrative and aims to enhance operational alignment and scalability without disrupting existing leadership or the company’s strategic vision. According to President and CEO Remy Diebes, this refinancing highlights the commitment and diligence of the entire team. Diebes emphasized that with the backing of their investors and a solidified financial foundation, the company is well-equipped to pursue its strategic goals, fostering innovation and delivering exemplary solutions to its client base.

The significance of this refinancing is further underscored by Tom Steiglehner, Head of BTG Pactual U.S. Private Credit Investments, who stated that they are pleased to support Remprex by providing essential financing. This support is aimed at offering liquidity and flexibility, which will help the management team effectively achieve its operational objectives.

Continued Commitment to Stakeholders

The refinancing initiative also reaffirms Remprex’s unwavering dedication to its clients and employees. The company continues to invest substantially in technology, infrastructure, and operational efficiencies, positioning itself at the forefront of the intermodal sector. By leveraging automation, data-driven optimization, and advanced technological solutions, Remprex is set to enhance service delivery while ensuring customer satisfaction remains a top priority.

In terms of advisory roles during this transaction, Stephens, Inc. served as the exclusive financial advisor, while Houlihan Lokey, Inc. represented Cyprium. Furthermore, Remprex was legally represented by Taft Stettinius Hollister LLP, with Riemer Braunstein LLP and Benesch Friedlander Coplan Aronoff LLP representing the interests of new and existing investors, respectively.

About Remprex

Founded in 2006 and headquartered in Lisle, Illinois, Remprex has become a leader in innovative solutions for intermodal terminal operations throughout North America. The company has transformed terminal efficiency through its expertise in Automated Gate Systems (AGS), remote operations, and data-centric optimization. Catering to Class I railroads and intermodal operators, Remprex integrates sophisticated technology and operational excellence to enhance reliability, capacity, and visibility within terminal settings. Its subsidiary, RPX Optimization, extends this proficiency through global consulting services, offering insights in market analysis, master planning, terminal design, and automation solutions tailored for the intermodal and maritime supply chains. Committed to innovation and progress, Remprex continuously aims to elevate the logistics sector via efficient, scalable solutions for its clients.

About Cyprium Partners

Cyprium Partners operates as a private equity and mezzanine investment firm based in Cleveland, with additional offices in New York and Chicago. They focus on investments ranging from $5 million to $60 million in profitable middle-market businesses across the U.S. and Canada. Since its inception in 1998, Cyprium Partners has allocated over $2.0 billion across 98 diverse companies owned by founders and entrepreneurs.

About BTG Pactual

BTG Pactual stands as a prominent global investment platform with approximately $178 billion in assets under management. A part of its larger alternative investments strategy, BTG Pactual U.S. Private Credit Investments concentrates on businesses valued between $50 million and $2 billion, providing tailored financing solutions to meet varied client needs.

In conclusion, this refinancing marks an exciting chapter for Remprex as it strives towards enhancing operational capacities and continuing its legacy of excellence in intermodal terminal solutions.