Petroleum Service Corporation Acquires Prokar, Inc.

PSC Group (Aurora Capital Portfolio) Acquires Steel Line Rail Services LLC

May 16, 2023

Transportation

PSC Group, a portfolio company of Aurora Capital Partners, has acquired the assets of Steel Line Rail Services LLC, a mobile railcar repair, inspection and valve maintenance provider founded in Marshall, Texas. The acquisition expands PSC's railcar repair and mobile service capabilities and broadens its geographic footprint across the U.S., Mexico and Canada.

Aurora Capital Partners Acquires Petroleum Service Corporation from SGS

June 24, 2019

Industrial Services

Aurora Capital Partners has acquired Petroleum Service Corporation (PSC) from SGS in a transaction reportedly valued at approximately $335 million. PSC is a North American leader in product handling and site logistics for petrochemical, refining, midstream and marine transportation end markets, with 3,500+ employees operating across the U.S. and Canada; Aurora said it will provide capital to accelerate PSC’s growth as part of its Equity Partners V fund.

PSC Group Acquires 32 Rescar Operations

March 10, 2025

Transportation

PSC Group announced the acquisition of 32 Rescar operations across the United States, expanding its railcar repair, cleaning, and inspection footprint. PSC — a Houston-based, PE-backed provider of logistics and repair services — will house its Railcar Repair Headquarters at its Bayport Rail Terminal and integrate the acquired operations to broaden geographic coverage and mobile repair capacity.

Petroleum Service Corporation (PSC) Acquires Fryoux Tankerman Service

December 15, 2020

Oil & Gas

Petroleum Service Corporation (PSC), a portfolio company of Aurora Capital Partners, has signed an agreement to acquire certain assets of Fryoux Tankerman Service and will absorb Fryoux's shoreside tankerman operations along the U.S. Gulf Coast. The transaction expands PSC's Gulf Coast footprint and personnel capacity to better serve refineries, terminals and petrochemical customers; Jimmy Fryoux will join PSC's marine operations team as an advisor.

PSC Group Acquires Bayport Rail Terminal LLC

January 9, 2024

Logistics & Distribution

PSC Group, a portfolio company of Aurora Capital Partners, has acquired Bayport Rail Terminal LLC (BRT), a 115-acre rail, truck and container terminal serving the chemical industry on the Bayport Loop and near the Port of Houston, from US Development Group. The acquisition expands PSC's last-mile logistics, railcar repair/cleaning and transloading capabilities in one of North America's largest chemical and plastics hubs.

Appalachian Railcar Services Acquires Progress Rail's Amarillo Repair Facility

January 5, 2021

Transportation

Appalachian Railcar Services (ARS), a wholly owned subsidiary of Cathcart Rail, acquired Progress Rail’s Amarillo, Texas railcar repair facility. The acquisition, financed by Star America Infrastructure Partners, expands ARS’s national tank- and freight-car repair network and reinforces its ability to serve customers on the UP and BNSF networks.