GCM Grosvenor and New York–based private equity firm Blue Wolf Capital Partners have acquired Hallcon Corp. from Novacap.
Hallcon is a North American provider of mission-critical transportation services and infrastructure for a broad range of customers including railroads, universities, airports, hospitals and healthcare systems, public transit, technology and industrial companies, and other large employers seeking custom transportation solutions.
The Chicago-based company also provides essential cleaning, disinfecting and facilities maintenance services to municipal, regional and national rail and transit providers throughout the United States and Canada.
With Blue Wolf and GCM Grosvenor’s backing, the company will expand into new North American markets. The firms also intend to enhance the company’s ability to scale its electric vehicle charging infrastructure to continue supporting the evolving needs of its customers that are transitioning to electric f