RR Mergers & Acquisitions has announced the sale of J&A Industries to CDL Electric Company.
Headquartered in Kansas City, Kansas, J&A Industries is a signal equipment manufacturer to industry leaders such as BNSF and Union Pacific.
Since 1986, CDL has been providing signal solutions, maintenance and installation of highway-grade crossing signal warning systems for Class I’s, short lines and industrial facilities throughout the U.S.
Mark Biehl, J&A Industries GM, and the existing management team will continue to lead the business in Kansas City.
Specializing in the sale of rail sector companies, RR Mergers was engaged by J&A Industries in its 2014 sale to Strait Lane Capital Partners. Seeking an exit strategy, in 2019, Strait Lane engaged RR Mergers to sell J&A Industries.
“J&A Industries’ patented mast ladder platform is an industry standard and further expands CDL Electric’s offering of railroad signal products and services,” said Larry Seward, CDL President.