RailCube expands in North America with acquisition of Spark TS
Summary
“Expanding to North America has been a long-held dream, and this marks a significant milestone as our first add-on acquisition since forming our strategic partnership with Main Capital Partners”, said RailCube CEO Dennis Hendriksen. This initiative “is expected to unlock significant cross-selling opportunities across the installed bases of both companies, further accelerating the growth for both organizations”, RailCube said. Spark TS is a provider of compliance, safety, and drug & alcohol testing software and services for the railway industry based in St. Paul, Minnesota. Founded in 2016, Spark TS is the provider of Rail Tasker™, a workforce safety, compliance, and drug and alcohol testing software compliant with the US Federal Railroad Administration and the Department of Transportation. RailCube, founded in 2011 in Paris, France, and now based in Rotterdam, the Netherlands, provides Enterprise Resource Planning solutions to various railway undertakings in Europe.