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MVA Represents Corrum Capital in Acquisition of Railcar Leasing Company

June 2018

Moore & Van Allen acted as transaction counsel for private investment firm Corrum Capital with the successful acquisition of railcar leasing company RGCX. The MVA team included Corporate Member James Wyche and Associates Wade Sample and Casey Perry and Finance Member Bob Baker.

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.

Read more here

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.

About RGCX

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.