Cassels
Canadian Corporate Law Firm
Team: Luke Woolford | Alex Steele | Soha Atiq | Andrew M. Reback | Danielle Karlin | Carla Potter | J’Davia Noel | Michelle McKinnon | Adam Rempel | Davit Akman | Joshua Hollenberg | A. Chandimal Nicholas | Peterson Eugenio | Jay Motwani | Wendy Trinh | Anita Im | Andrea Breden | Paulina Seo | Julia Trinh
On May 28, 2026, Basalt Infrastructure Partners completed the acquisition of 1435 Rail Equipment Leasing and Maintenance, Inc. (“R.E.L.A.M.”) from Paceline Equity Partners. R.E.L.A.M. is a U.S.-based provider of maintenance-of-way and hi-rail equipment leasing and related services supporting rail operators and contractors across North America.
Cassels acted as Canadian counsel to Basalt Infrastructure Partners.
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RELATED EXPERTISE: Private Equity | Mergers & Acquisitions | Tax & Trusts | Banking & Specialty Finance | Employment & Labour | Competition & Foreign Investment | Intellectual Property