Coming from an investment banking and executive management background, Remcan CEO John Thwaites knew what he was looking for in an equity partner—and he found it in Yellow Point. In 2013, he partnered with Yellow Point in ownership of Remcan, Canada’s leading railroad maintenance and construction firm.
“They are reasonable, rational people that are prepared to understand all partners’ positions resulting in consensus decision making. They don’t have to be right. They’re pragmatic business partners with a long-term perspective.”
“I said I’d stick around as CEO for two years to help with the transition and I stuck around for eight. Obviously that says a lot. It’s been a positive relationship. I’ve enjoyed partnering with them.”