Tikehau Star Infra Acquires a Majority Interest in Cathcart Rail Holdco, LLC.

TIKEHAU STAR INFRA ACQUIRES A MAJORITY INTEREST IN CATHCART RAIL HOLDCO, LLC.

June 13, 2025 (New York, NY) – Tikehau Star Infra (“TSI”) has acquired the full interest in Cathcart Rail Holdco, LLC (the “Company” or “Cathcart Rail”) held by its founding platform Cathcart, Inc., and will make an additional capital commitment in support of the Company’s growth.


Cathcart Rail is a U.S. freight rail operations and services company with over 800 dedicated employees spread across a vast, coast-to-coast network of railcar repair facilities, shortline railroads and running repair agent locations.


“This strategic move will increase TSI’s position in a company and sector experiencing sustained growth and aligns with its long-term vision to lead the space with innovation, reliability and operational efficiency. Cathcart has incredible people, and we are grateful for their dedication and commitment. Together, we are excited to start writing the Company’s next chapter. We would like to thank our customers and partners for their continued support and trust. We would also like to thank Casey and Thomas Cathcart for their tireless dedication to building the Company over the last nine years. We wish them the best and are excited to see what their futures hold.” said Christophe Petit, Head of Tikehau Star Infra.

FOR INQUIRIES:

Christophe Petit
Head of Tikehau Star Infra
Tel: +1 516 882 4100
cpetit@tikehaucapital.com

ABOUT STAR AMERICA

Tikehau Star Infra, a subsidiary of Tikehau Capital, a global alternative asset management group, is a U.S. headquartered developer and manager of infrastructure assets in North America.

Our focus is primarily delivering infrastructure projects across the transportation, social, environmental and telecommunications sectors. With investments in projects which have a total asset value of more than $10 billion (as of December 31, 2024), Tikehau Star Infra is one of the leading infrastructure developers in the U.S.

Leveraging decades of collective experience in design, construction and finance, our team is well positioned to strive to achieve strong results for our clients, partners and investors.

Disclaimer

This document is not an offer of securities for sale or investment advisory services. This document contains general information only and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed.

Certain statements and forecasted data are based on current expectations, current market and economic conditions, estimates, projections, opinions and beliefs of Tikehau Capital and/or its affiliates. Due to various risks and uncertainties, actual results may differ materially from those reflected or contemplated in such forward-looking statements or in any of the case studies or forecasts. All references to Tikehau Capital’s advisory activities in the US or with respect to US persons relates to Tikehau Capital North America.

starinfr