Gross & Janes Corporation

Kirkwood, MO
Investment Amount: $3,500,000
Railroad Ties Supplier
Investment Date: October, 2015
"I am truly excited with having CapX as a lender to Gross & Janes. They are true supporters of our operation and financing needs and did a great job getting the transaction completed within a very aggressive timeframe."Michael A. DiRaimondo, Chief Financial Officer, Gross & Janes Co.


Gross & Janes Company (“G&J”) is the largest supplier of untreated railroad ties in North America providing ties to large national railroad companies. Founded in 1920, G&J is based in Kirkwood, Missouri with processing plants and field offices throughout the South/Southeast, and additional offices in British Columbia. Working with FocalPoint Partners LLC as their debt and financial advisor, G&J was looking to refinance their existing senior debt and provide additional working capital.


Seeking liquidity and a refinance of its current indebtedness, G&J turned to the capital markets. CapX quickly evaluated the opportunity and determined that G&J had a sound management team, long-standing customers, and industry momentum. Partnering with Siena Lending Group, CapX was able to accommodate G&J’s financing needs by providing a customized structure that enabled the Company to refinance its current debts and position itself for future growth.

“CapX appreciates FocalPoint’s deep understanding of the railroad supply chain and that CapX could be a value added term debt provider alongside another working capital lender. Gross and Janes has a deep history in supplying railroad ties to the top industry operators and their professional management team gives CapX confidence in their ability to thrive. We enjoyed working with the Siena Lending team to get the transaction closed and our mutual client back to growing its business.” – Jeffry S. Pfeffer, Managing Partner, CapX Partners