MVA Represents Corrum Capital in Acquisition of Railcar Leasing Company
Moore & Van Allen acted as transaction counsel for private investment firm Corrum Capital with the successful acquisition of railcar leasing company RGCX.
Per the Monitor Daily, “The acquisition will provide RGCX with greater resources and flexibility in the railcar market and enables the company to pursue a long-term growth strategy.” The acquisition will also involve a shift of Corrum Capital members joining the RGCX board of directors.
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About Corrum Capital
Corrum Capital currently has active investments in commercial aviation leasing, railcar leasing, and asset- and collateral-backed lending, including lending to the sports and entertainment industries, real estate lending, and trade and receivables finance.
RGCX has been leasing railcars that operate throughout North America for the over thirty years. The company offers full service, net and per diem leases for rail including, but not limited to boxcars, hoppers, tank cars and gondolas.