610-701-9243 wche@wche1520.com

3i Group, a Los Angeles-based private equity firm purchased Kennett Square-based Regional Rail this week. Regional Rail operates short lines and rail-related businesses in the US Mid-Atlantic region with more than 155 miles of track. Regional Rail services a broad range of end-markets including agriculture, lumber, energy and metal products. The company’s wholly owned subsidiary, Diamondback Signal, provides engineering construction and maintenance for highway rail crossings throughout the United Sates.