Petroleum Service Corporation (PSC) Acquires Fryoux Tankerman Service

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.

Petroleum Service Corporation Acquires Prokar, Inc.

June 21, 2021

Industrial Services

Petroleum Service Corporation (PSC), a portfolio company of Aurora Capital Partners, has acquired Prokar, Inc., a regional provider of on-site railcar repair, maintenance and inspection services serving petrochemical and refining customers in Texas and Louisiana. Prokar's founder and president, Lee Schreve, will join PSC's railcar repair leadership team as part of the transaction, expanding PSC's railcar repair footprint and capabilities.

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.

PSC Group Acquires Delta Petroleum Company

August 1, 2024

Industrial Services

PSC Group, a portfolio company of private equity firm TJC LP, has acquired Delta Petroleum Company from Greif, Inc. The add-on expands PSC’s specialty chemical filling, warehousing and shipping capabilities across key petrochemical markets including Houston, Baton Rouge and Cincinnati, and brings Delta’s employees into PSC’s operations.

PSC Group (Aurora Capital Partners) Acquires Thermoplastics Services, Inc.

March 24, 2022

Manufacturing

PSC Group, a portfolio company of Aurora Capital Partners, has acquired Thermoplastics Services, Inc. (TSI), a DeQuincy, Louisiana-based custom plastic compounding and pelletizing business. The add-on bolsters PSC's plastic resin sustainability and reprocessing capabilities to expand its ESG and circular-economy services for industrial, commercial and municipal customers.

Aurora Capital Partners and TJC Recapitalize PSC Group

April 4, 2024

Logistics & Distribution

Aurora Capital Partners completed a recapitalization of PSC Group with TJC, LP; Aurora has reinvested alongside TJC. PSC Group, an embedded logistics provider serving the petrochemical industry with rail, truck and marine logistics plus railcar repair and storage, operates across North America with more than 4,500 employees at 150+ sites.