On May 3, 2024, North American Rail Solutions, a provider of railroad design, construction, maintenance, and operating services based in Fort Worth, Texas, announced the acquisition of Tri Innovations Consulting Ltd.

Calgary-based Tri Innovations is a leading provider of Engineering, Procurement, and Construction (EPC) services, focused on energy, transportation, agriculture, and renewable spaces with comprehensive expertise in facilities and terminals, industrial transportation, and materials handling.

Gowling WLG advised Tri Innovations with respect to this transaction with a team led by Zafar Jaffer, which included Simanpreet Panaych (corporate), Ash Gupta and Michael Bussmann (tax), Nelson Godfrey (intellectual property), Daniel Hayhurst and Tom Richards (employment), Maya Stano and Emma Hobbs (environmental), Alana Scotchmer (financial and regulatory), Christopher Dennehy and Braden Sheps (banking), Stacey Handley and Ana Pagkatipunan (real estate), Andrew Bitz (insurance), and assisted by Evan Matthews (student-at-law).