FourBridges Capital announce that certain assets of Englewood Enterprises LLC have been acquired by a developer and operator of midstream infrastructure properties.
Englewood develops and operates railcar transloading terminals that facilitate the transfer of ethanol and other bulk commodities from railcars to tank trucks and/or pipelines.
FourBridges guided Englewood through the process of documenting its business plan, identifying and contacting potential buyers, and ultimately negotiating and structuring the terms of the sale.
“In spite of the challenging environment created by low energy prices, we were able to complete a transaction that met the objectives of the Englewood stakeholders,” said FourBridges Managing Director Andy Stockett.