Livingstone Advises Rescar and AllTranstek on Strategic Transactions with PSC Group and Bourque Logistics
Livingstone is pleased to announce the sale of Rescar, a leading provider of railcar repair and in-plant services, to PSC Group, a portfolio company of TJC LP, and the merger of AllTranstek, a premier rail consulting and fleet management services firm, with Bourque Logistics, a leader in logistics software solutions for industrial shippers. Livingstone acted as the exclusive financial advisor to both Rescar and AllTranstek, marking the third and fourth transactions completed on behalf of the Schieszler family.
Founded in 1969 and headquartered in Downers Grove, IL, Rescar Companies provides critical railcar repair, inspection, cleaning, and maintenance services across a national footprint. The acquisition by PSC Group significantly expands its rail services platform across 40 states and supports growing customer demand for integrated, on-site solutions.
AllTranstek, also headquartered in Illinois, delivers comprehensive fleet management, technical, regulatory, and commercial support to railcar owners, shippers, and lessors. Its merger with Bourque Logistics creates a market-leading platform offering end-to-end rail fleet logistics and asset management services to help the North American rail industry meet safety and compliance requirements.
“These transactions represent transformative outcomes for two outstanding businesses,” said Joe Greenwood, Partner at Livingstone. “The Schieszler family-built platforms with strong reputations and long-standing customer trust. We are proud to have guided them through this process, securing ideal long-term partners and unlocking value for stakeholders.”
“Working with Livingstone once again exceeded our expectations,” said Joe Schieszler, CEO of Rescar and AllTranstek. “The team’s hands-on approach and trusted guidance helped us navigate two important milestones for our family and businesses. We couldn’t be happier with the outcomes.”
The Rescar and AllTranstek transactions highlight Livingstone’s unique ability to serve founder-owned businesses through complex, concurrent processes. These transactions, in addition to the 2024 sale of Parsec, Inc., a leading rail terminal operator to Universal Logistics Holdings, further reinforce Livingstone’s deep expertise in Transportation & Logistics, having advised on multiple rail and infrastructure-related deals globally.
