Bourque Logistics has secured over $100 million in growth financing from investment firm Sixth Street. This funding supports Bourque’s recent acquisition of AllTranstek, combining expertise in rail fleet logistics and asset management to offer a comprehensive solution for the rail industry. Steve Bourque, President of Bourque Logistics, stated that the partnership with Sixth Street will help enhance logistics, compliance, and safety processes for railcar shippers, owners, and maintenance providers. Sixth Street partner Bo Stanley highlighted the firm’s commitment to providing flexible capital solutions to support Bourque’s strategic objectives.
Bourque Logistics serves over 150 North American rail shippers and operates its YardMaster system at more than 350 rail facilities, optimizing railcar inventory and operations. The integration of Bourque and AllTranstek aims to improve oversight, streamline processes, and enhance safety and compliance for railcar owners. Bourque’s software solutions, including RAILTRAC and RateServer, integrate with ERP systems to support efficient rail operations. AllTranstek specializes in fleet management, compliance, and engineering services, offering a SaaS-based platform that meets the needs of railcar owners. Sixth Street, managing over $100 billion in assets, provides long-term capital solutions to support businesses at various growth stages.
