Rutland Partners is pleased to announce that on 16 November 2018 it completed a management buyout of Total Rail Solutions (“TRS”) from its founders, Martin Mould and Julie Caldwell.
TRS is a leading provider of operated and non-operated road-rail plant, sub-contracting services and labour to rail sites across the UK. The business also derives a significant proportion of revenue from value-add Plant Operations Scheme (“POS”) services, including on-track plant planning, delivery and site management. TRS works closely with Network Rail and its principal contractors to support the construction, maintenance and repair of the railways and has invested significantly in new equipment in recent years. As a result, the company has the most reliable and flexible fleet profile in the industry, with a current turnover of £30m.