In 2017, Beacon Rail was purchased by the multinational investment group JPMorgan Chase; at this point, the company had almost 200 locomotives in its inventory.

Rolling stock deals with other companies have continued, such as with Colas Rail, Stadler Rail, and the Clayton Equipment Company In May 2008, Japan's Mitsubishi UFJ Financial Group purchased the European rolling stock leasing business of the Australian services entity Allco Finance Group.

[16] In 2012, it purchased its first passenger stock via a deal for 20 Class 313s that it leased to Southern, these multiple units had been acquired from Eversholt Rail Group.

[31][full citation needed] During April 2022, GB Railfreight and Stadler announced that an order for 30 Class 99 bi-mode heavy freight locomotives had been placed with the latter.

[32] In February 2023 Beacon Rail finalized the purchase via auction of 12 BB27300 series locomotives from the SNCF Transilien fleet.