Mergers & Acquisitions

PSC Group Recapitalized With TJC

6246 PSC Group NT

M&A Engagement Overview

Industry Groups: Energy, Power & Infrastructure; Transportation & Logistics
Areas of Focus: Infrastructure Services, Third-Party Logistics, Transportation Infrastructure Services
 

Harris Williams advised PSC Group, a portfolio company of Aurora Capital Partners, on their recapitalization with TJC. Aurora has reinvested alongside TJC as part of the transaction. PSC is a leading embedded logistics service provider offering rail, truck, and marine logistics; railcar repair; and sustainability solutions to the petrochemical, specialty chemical, refining, and marine industries across North America.

The outsourced logistics services sector continues to generate interest from investors due to a demonstrable and quantifiable value proposition these service providers deliver, the recession-resistant and mission-critical nature of the solutions, and the revenue visibility that accompanies these contractual business models.

The company has a 70+ year track record of operational excellence providing high cost of failure services to a customer set operating some of the largest and most advanced manufacturing facilities in the world. They are distinguished by their leading safety record, a visionary leadership team supporting a best-in-class workforce, and a history of consistent growth across a variety of economic environments.  

PSC’s long-term track record of growth, longstanding reputation as a market-leading service provider, and ability to expand their portfolio of solutions to meet customer demands make PSC a highly attractive asset. As investors continue to seek investment opportunities in best-in-class platforms capable of performing well across all economic cycles, companies like PSC will continue to garner high levels of interest.   

Contact the Harris Williams Transportation & Logistics Group or Energy, Power & Infrastructure Group to learn more about this transaction.