How many acquisitions has Progress Rail made so far?

Progress Rail has completed 7 acquisitions so far, with an average acquisition amount of $820M.

Which countries does Progress Rail usually acquire in?

Progress Rail has made acquisitions in 4 countries with the most activity in United States and Australia.

Which is Progress Rail's latest acquisition?

Progress Rail's most recent acquisition is Nitryx, a Offers an AI-enabled suite of solutions for the transportation industry, acquired in May 2021.

In which year did Progress Rail make the most acquisitions?

Progress Rail was most active in 2021, with 1 acquisition completed in that year.

List of 7 Acquisitions by Progress Rail (Oct 2026)

Progress Rail has made a total of 7 acquisitions. These 7 acquisitions occurred across 4 countries—United States, Australia, Italy, and Brazil—within the Logistics Tech sector, the only sector involved. Activity peaked in 2018, 2019, and 2021 with 1 acquisition each. The average number of acquisitions per year between 2020 and 2025 is 0.2, and 0 acquisitions have been completed so far this calendar year. The most recent acquisition, Nitryx, provides an AI-enabled suite for the transportation industry; founded in 2011 and based in Sao Paulo, it was acquired in May 2021.

Here's the year on year acquisition history of Progress Rail:

Number of Total Acquisitions

Year	# Acquisitions
2021	1
2019	1
2018	1
2016	1
2015	1
2010	1
1998	1

View all Acquisitions by Progress Rail

Recent acquisitions by Progress Rail

Progress Rail's most recent acquisition - Nitryx is a Offers an AI-enabled suite of solutions for the transportation industry, founded in 2011 and located in Sao Paulo. Progress Rail acquired it in May 2021 for a price of $*****.

Here is the list of all acquisitions by Progress Rail sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
May 17, 2021	Nitryx	fyjy	kqhr	88	855
Oct 30, 2019	Cleveland Track	mmrd	pgqt	64	726
Jan 02, 2018	ECM	rwgk	ksii	19	848
May 02, 2016	Inspired Systems	xseg	wxom	26	288
Oct 05, 2015	Haynes	leyh	nqxu	47	136

View the full list of acquisitions

View all Acquisitions by Progress Rail

Acquisitions by Progress Rail

List of Progress Rail's Acquisitions

Recent acquisitions by Progress Rail

FAQs about Acquisitions by Progress Rail