RailWorks announced it has acquired H&H Engineering Construction to expand its rail infrastructure services.
RailWorks provides a wide range of specialty railroad construction and maintenance services, including track construction, turn-key rehabilitation and maintenance, along with solutions for predictive track maintenance. The addition of H&H will give RailWorks access to more western U.S. markets.
RailWorks is a portfolio company of Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, which it partnered with in November 2021 to drive long-term strategic growth and expand its core offerings and capabilities.
The transaction follows RailWorks’ recently completed acquisition of Progress Rail’s Rail Welding Services Division, a specialized provider of flash butt welding (FBW), enabling RailWorks to utilize FBW capabilities and offer rail customers expanded Maintenance-of-Way services.
Kevin Riddet, RailWorks president and CEO, said “This is an exciting time for RailWorks. These complementary acquisitions represent a significant expansion of our offerings and the ways in which we can service our valued customers across the country. As we continue to grow our business and execute on a shared vision with our partners at Bernhard Capital, we see a number of exciting opportunities to further expand our offerings and continuously enhance the safe, high-quality services customers expect from RailWorks.”
For brief news updates and commentary, please follow me on Twitter @davidclesterRTS