Genesis Rail Company Welcomes Rance Randle as CEO to Drive Market Growth and Operational Excellence

ROANOKE, Va., Feb. 5, 2025 /PRNewswire/ -- Genesis Rail Company, part of the Auxo Investment Partners family of companies, is proud to announce the appointment of Rance Randle as its CEO. With over two decades of experience in railroad operations, logistics and intermodal transportation, Rance will be instrumental in strengthening Genesis' market position, enhancing safety and operational efficiency, delivering exceptional customer value.

Rance's distinguished career includes leadership roles at industry giants like BNSF Railway, CN and Cathcart Rail. His leadership philosophy—grounded in servant leadership, mentoring talent, and fostering a culture of continuous improvement—has earned him recognition as an innovative change agent and a results-driven leader.

"We are thrilled to have Rance join Genesis Rail Services," said Jeff Helminski, General Partner at Auxo Investment Partners. "His expertise in driving operational excellence and his ability to inspire high-performing teams will be invaluable as we work to deliver exceptional service to our customers while navigating the evolving demands of the rail industry."

Rance's leadership has consistently produced tangible results, including operational safety improvements, revenue growth, and innovative process enhancements. His vision aligns seamlessly with Genesis' commitment to optimizing efficiencies, elevating customer satisfaction, and achieving sustainable growth. "I am excited to join Genesis Rail Services team and contribute to its mission of delivering best-in-class solutions in the rail industry," said Rance Randle. "I look forward to leveraging my experience and the talented team at Genesis to drive innovation, strengthen partnerships, and support the incredible team at Genesis as we help the rail industry realize its tremendous potential."

Rance holds a proven track record of leading organizations to exceed expectations, thanks to his critical thinking, data-driven decision-making, and problem-solving capabilities. His appointment reflects Genesis Rail Services' dedication to attracting top talent to meet its ambitious goals.

A Long-Term, Collaborative Approach

Auxo was named after the ancient Greek goddess of growth, and the firm seeks to partner with companies that meet the following investment criteria:

• North America-based
• Manufacturing, industrial, value-added distribution or business services industries
• EBITDA (cash flow) of $2-$20 million
• Owner-operators seeking retirement, family succession planning solutions, or existing teams seeking to grow their businesses
• Prefer majority-control investments but will consider select minority-partner opportunities

About Auxo Investment Partners
Auxo Investment Partners is a Grand Rapids, Michigan-based private investment firm that partners with owners and management teams of companies at transition points in their history. Auxo's flexible capital model allows for long-term, growth-oriented decision-making without artificial deadlines. The structure was specifically designed for family businesses facing a generational transition or management teams seeking a partner to fuel growth and achieve their full potential with a long-term investment approach. Auxo's unique philosophy aligns the interests of its companies, their employees, the communities in which they are located and its investors to achieve optimal outcomes for all. As our name reflects, we are not merely investors, but partners. For more information, please visit www.auxopartners.com

Media Contact:
Kara Potter
(616) 980-9810
[email protected]

SOURCE Auxo Investment Partners