Polycorp Acquires Iron Horse Engineering Company

Arsenal Capital Partners Completes Majority Investment in Polycorp Ltd.

January 29, 2024

Manufacturing

Arsenal Capital Partners completed a majority investment in Polycorp Ltd., a Canadian manufacturer of engineered elastomer solutions. Terms were not disclosed; Polycorp (headquartered in Elora, Ontario) employs ~250 people and founder Peter Snucins will remain an investor and board member as the company pursues manufacturing, R&D and strategic growth initiatives.

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.

Pelican Energy Partners Acquires Iron Horse Tools from Bluehenge Capital Partners

April 11, 2023

Energy

Pelican Energy Partners, a Houston-based private equity firm, has acquired Iron Horse Tools, Inc. (IHT) from Bluehenge Capital Partners. IHT, founded in 2008 and headquartered in Corpus Christi, Texas, is a provider of automated drilling chokes and managed pressure drilling (MPD) technology operating across U.S. shale plays with over 150 employees; Pelican intends to expand IHT's customer base, geographic presence, and service offerings.

Polycorp Acquires Burke Industries from Mannington Mills

September 9, 2025

Manufacturing

Polycorp, a portfolio company of Arsenal Capital Partners, has acquired Burke Industries Inc. from Mannington Mills. The deal expands Polycorp's manufacturing footprint and technical capabilities in engineered elastomeric solutions, while Mannington will continue to manufacture Burke rubber flooring products at its Florida and Georgia facilities.

Polytek Development Corp. Acquires Endurance Technologies

February 3, 2021

Manufacturing

Polytek Development Corp., a portfolio company of Arsenal Capital Partners, has acquired Endurance Technologies, a South St. Paul, Minnesota-based formulator and manufacturer of polyurethane and epoxy systems. The acquisition expands Polytek's manufacturing footprint, technical capabilities and product portfolio across industrial and consumer end markets; Endurance's owner David Hoeffel will remain active with the brand.

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.