Appalachian Railcar Services Acquires Progress Rail's Amarillo Repair Facility

Cathcart Rail / Guardian Rail Acquire Appalachian Railcar Services from GenNx360

December 15, 2020

Transportation

Cathcart Rail (with involvement from Guardian Rail and infrastructure investor Star America/Tikehau Star Infra) acquired Appalachian Railcar Services (ARS) from GenNx360 Capital Partners. The transaction brings ARS's network of railcar repair, cleaning, coating, mobile repair and storage facilities into the Cathcart/Guardian platform to expand capabilities and geographic footprint across the Midwest, Southeast and Mid-Atlantic.

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.

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 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.

FleetPride Acquires ARS Truck & Fleet Service (New Castle, DE)

January 29, 2025

Automotive

FleetPride, the nation’s largest independent distributor of heavy-duty aftermarket parts and service, has acquired the assets of ARS Truck & Fleet Service of New Castle, Delaware. The acquisition adds two service locations (25 service bays) and a 16-truck mobile service fleet, expanding FleetPride’s service footprint along the Eastern Seaboard.

American Track Services Acquires Universal Rail Systems; Forms North American Rail Solutions

April 17, 2023

Transportation

American Track Services (a portfolio company of DFW Capital Partners) has acquired Universal Rail Systems, Canada’s largest provider of rail infrastructure inspection, maintenance, repair and construction. The deal creates a new parent, North American Rail Solutions, combining ATS' U.S. footprint with URS' Canadian operations to create a continent-wide rail services platform; URS was sold by an investor group led by TorQuest Partners.