VLS Environmental Solutions, LLC, a North American leader in delivering innovative environmental solutions supporting its clients in achieving their sustainability goals and a portfolio company of I Squared Capital, today announced that it has acquired Safety Railway Service (“SRS”).  Terms of the transaction were not disclosed.

Based in Victoria, Texas, SRS provides full-service railcar repair and fabrication services at its site in Victoria and eight other key locations across the country. The strategic acquisition expands VLS’ nationwide railcar services footprint from three to twelve locations. SRS will operate within the VLS Railcar Cleaning and Repair Services division.

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John Magee, VLS CEO, shared his enthusiasm for the additional locations and what they mean for the future of VLS. “This is a tremendous opportunity for us to move from railcar cleaning and light repair work to extensive, full-service cleaning and repair services.  This demonstrates our continued commitment to leading ESG practices. We are recognized as an industry leader in customized cleaning solutions, and we will apply those same sustainable practices and principles to our expanded Railcar Cleaning and Repair Services client base.”

“It’s a game changer, and truly makes us an industry leader in railcar servicing, “said David Carter, VP of Railcar Services. “VLS provides mission-critical, customized waste and specialty cleaning and repair services to a variety of highly regulated industries specializing in highly hazardous chemical cleaning. Together, we can provide clients full repair from top to bottom. Further, this acquisition extends our reach to the national level, enabling us to better serve our customers with the additional locations.”

Source: VLS Environmental Solutions