ARC Industries, Inc. Acquires Kelly-Hill Company

RailWorks Corp. Acquires H&H Engineering Construction

August 23, 2022

Transportation

RailWorks Corp., a Bernhard Capital Partners-backed specialty rail contractor, has acquired H&H Engineering Construction, a rail maintenance and construction contractor operating in the Western United States. The acquisition expands RailWorks' West Coast presence and capabilities, and allows H&H to leverage RailWorks' flash butt welding resources and broader maintenance-of-way platform.

KC Piggyback Holdings Acquires Harbor Division

May 18, 2021

Trucking & Fleet

KC Piggyback Holdings (KCP), a holding company formed by Arc Industries, has acquired the stock of Harbor Division, a Southern California drayage and intermodal equipment storage operator. Coil Partners advised Harbor Division on the sale; the acquisition adds ~27 acres of paved, secure storage and strengthens KCP/Arc’s drayage platform in the Los Angeles / Southern California market.

Arcline Investment Management Acquires American Holt Corporation

December 21, 2021

Manufacturing

Arcline Investment Management has acquired a controlling stake in American Holt Corporation from founder and CEO Jon Levy. Arcline will partner with the existing management team to support American Holt’s growth as a technology-enabled supplier of aftermarket replacement parts serving food & beverage, paper converting, and material handling markets.

U.S. MultiModal Group (ARC) Acquires Larry's Cartage

November 22, 2022

Logistics & Distribution

Larry's Cartage, a Chicago-area drayage and intermodal services provider, was acquired by U.S. MultiModal Group, Inc. The business becomes the sixth drayage operation under ARC's platform (ARC Industries/US MultiModal Group), with ARC and several undisclosed investors taking minority stakes to expand the group's intermodal footprint and provide additional capital.

American Track Acquires Dirtworks Rail of the Carolinas (HGNS Inc)

February 8, 2021

Transportation

Fort Worth-based American Track, a portfolio company of Hilltop Private Capital, has acquired Dirtworks Rail of the Carolinas (HGNS Inc), a Lexington, North Carolina-based rail construction and maintenance contractor. The asset purchase expands American Track's footprint and capabilities in the Southeastern United States as part of its ongoing build-out through add-on acquisitions.

Arcline Investment Management Acquires Hartzell Aviation

October 16, 2023

Aerospace & Defense

Arcline Investment Management, a growth-oriented private equity firm, has signed a definitive agreement to acquire Hartzell Aviation from Tailwind Technologies. Hartzell, headquartered in Piqua, Ohio, designs and manufactures aircraft propellers and engine accessories through its Hartzell Propeller and Hartzell Engine Tech business units; Arcline said the acquisition fits its strategy of investing in critical suppliers and will support the company's next phase of growth.