LISLE, Ill., Feb. 6, 2025 -- Remprex, a leading provider of innovative solutions for intermodal terminal operations across North America, today announced the successful completion of a strategic refinancing, effective January 7, 2025. This transaction involved the participation of both new and existing investors, including BTG Pactual U.S. Private Credit Investments and long-term investor Cyprium Investment Partners, LLC, and reinforces Remprex's ability to execute its strategic objectives with a continued focus on operational excellence and service.
As part of the transaction, Remprex, LLC merged into a new corporate structure and is now operating as Remprex, Inc. This change is administrative and does not impact leadership, strategic vision, or the Company's commitment to exceptional service. The name change reflects an evolution in corporate structure that enhances operational alignment and scalability while maintaining continuity in leadership, strategic vision, and stakeholder relationships.
"This refinancing is a testament to the dedication and hard work of our entire team," said Remy Diebes, President & CEO of Remprex, Inc. "With the commitment and support of our investors and a strengthened financial foundation, we are well-positioned to advance our strategic initiatives, drive innovation, and continue delivering best-in-class solutions to our customers."
Tom Steiglehner, Head, BTG Pactual US Private Credit Investments expressed "We are pleased to provide this important financing to the Company offering it liquidity and flexibility to help management achieve its business plan."
Continued Commitment to Customers and Employees
This refinancing reaffirms Remprex's dedication to operational excellence, customer satisfaction, and employee engagement. The Company continues to invest in technology, infrastructure, and operational efficiencies, ensuring it remains at the forefront of the intermodal sector by leveraging automation, data-driven optimization, and advanced technology solutions.
Transaction Professionals
Stephens, Inc. served as the exclusive financial advisor to the Company and Houlihan Lokey, Inc. represented Cyprium. Remprex was represented by Taft Stettinius & Hollister LLP. Riemer & Braunstein LLP and Benesch Friedlander Coplan & Aronoff LLP represented new and existing investors, respectively.
About Remprex
REMPREX, headquartered in Lisle, Illinois, is a leading provider of innovative solutions for intermodal terminal operations across North America. Since its founding in 2006, the company has revolutionized terminal efficiency through its expertise in Automated Gate Systems (AGS), remote operations, engineering, and data-driven optimization. Serving Class I railroads and intermodal operators, REMPREX integrates technology and operational excellence to enhance visibility, reliability, and capacity in terminal environments. REMPREX's subsidiary, RPX Optimization, extends this expertise globally, providing consulting services in market analysis, master planning, terminal design, and automation solutions for the intermodal and maritime supply chain. With a commitment to innovation, REMPREX continues to drive industry advancements, enabling seamless, efficient, and scalable logistics solutions.
About Cyprium Partners
Cyprium Partners is a private equity and mezzanine firm headquartered in Cleveland with offices in New York and Chicago. The firm invests $5 million to $60 million per transaction in profitable middle-market companies located in the United States and Canada. Since its founding in 1998, the team has invested over $2.0 billion in 98 unique founder, family and entrepreneur-owned companies. Learn more about Cyprium Partners at cyprium.com.
About BTG Pactual
BTG Pactual Asset Management is a global investment platform managing US$ 178B (as of 9/24) in AUM. As part of BTG Pactual's US$ 8B Global Alternatives business, BTG Pactual US Private Credit Investments (PCI) is focused on sponsored and non-sponsored, privately-owned or publicly traded businesses valued between US$ 50M and US$ 2B. As principals, the team is experienced across the capital structure through all economic cycles offering financing solutions tailored to company needs, asset base and earnings trajectory. PCI's flexible mandate allows it to address client needs unpacking complexity and unlocking value with bespoke solutions to support refinancings, growth capital and companies in transition. These client needs are generally met through first lien term loans, unitranche, first-in, last-out, second lien term loans from ~US$ 10 million – $200 million. PCI invests in a range of industries including, but not limited to, industrials, business services, healthcare (non-reimbursable), software and technology, distribution, consumer, and retail.
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