About Cando Rail
Cando Rail is a company based in Brandon (Canada) founded in 1978 by Gord Peters and Rick Hammond, and was acquired by Aimco in July 2022. Provider of custom rail solutions and terminal operations. The company has 219 employees. Its chief executive, as recorded, is Brian Cornick. Its website candorail.com draws about 21 thousand monthly visits. Cando Rail offers products and services including Rail Solutions and Terminal Operations. Its legal entity is Cando Rail & Terminals Ltd.
Company details
Cando Rail was founded in 1978 in Brandon, Canada, within the rail transportation sector. Custom rail solutions and terminal operations are provided to industrial shippers. Complete systems are designed, built, and managed to optimize supply chains and connect clients to Class I railways. Multi-purpose rail terminals are handled, with integration into customer operations ensured for reliable product delivery. Safety protocols are prioritized alongside operational efficiency.
- Headquarters Brandon, Canada
- Employees 219
- Founders Gord Peters, Rick Hammond
- Stage Acquired
- Website category Business and Consumer Services · Shipping and Logistics
- Email••••••••
- Phone•••• ••••
- Website candorail.com
- Social LinkedIn X Facebook
- Acquired by Aimco (Jul 2022)
- Legal Name Cando Rail & Terminals Ltd
Products & Services of Cando Rail
Cando Rail offers a comprehensive portfolio of products and services, including Rail Solutions and Terminal Operations.
Custom rail solutions are designed and operated to facilitate supply chain movements across North America.
Rail terminals are built and managed to handle product transfers efficiently in various locations.
Funding Insights of Cando Rail
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Cando Rail with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Cando Rail
Cando Rail has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Aimco and TorQuest Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Middle-market private equity investments are managed by TorQuest Partners. | torquest.com | Toronto, Canada | ||
REIT focusing on residential real estate properties | 1994 | aimco.com | Denver, United States |
Investor details for Cando Rail
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Cando Rail
3 people are tracked at Cando Rail (3 in leadership); the tracked headcount is 219.
| Name | Role | Group |
|---|---|---|
Gord Peters | Co-Founder | Leadership |
Rick Hammond | Co-Founder | Leadership |
Brian Cornick | CEO | Leadership |
Complete people profiles for Cando Rail
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Cando Rail
3 dated milestones of Cando Rail across 44 years, from founding to its latest funding, stage changes and deals.
- Founded Cando Rail is founded.
- Funding First funding round.
- Exit Acquired by Aimco.
Web traffic of Cando Rail
The website of Cando Rail (candorail.com) receives about 20.8K visits a month and ranks #1,681,669 among all websites worldwide, #7,012 in Shipping and Logistics.
- Monthly visits20.8K
▲ 72.1% vs previous month
- Unique visitors5.6K
per month
- Global rank#1,681,669
among all websites
- Category rank#7,012
Business and Consumer Services · Shipping and Logistics
- Bounce rate40%
- Pages per visit2.6
- Average visit1 min 34 sec
- DevicesDesktop 11% · Mobile 89%
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Frequently Asked Questions about Cando Rail
Cando Rail was founded in 1978 and raised its 1st funding round 40 years after it was founded.
Cando Rail is headquartered in Brandon, Canada. It is registered at Brandon, Manitoba, Canada.
Brian Cornick is the CEO of Cando Rail, as recorded in our data.
Cando Rail has 219 employees.
Cando Rail was founded in 1978 in Brandon, Canada, within the rail transportation sector. Custom rail solutions and terminal operations are provided to industrial shippers. Complete systems are designed, built, and managed to optimize supply chains and connect clients to Class I railways. Multi-purpose rail terminals are handled, with integration into customer operations ensured for reliable product delivery. Safety protocols are prioritized alongside operational efficiency.
Cando Rail offers Rail Solutions and Terminal Operations.
Cando Rail has 2 investors. Key investors include Aimco, and TorQuest Partners.
Cando Rail operates through Cando Rail & Terminals Ltd.
Yes. Cando Rail was acquired by Aimco in July 2022.