RailWorks Sold to Bernhard

Technology & Services
Industrial

RailWorks, a portfolio company of Wind Point, sale to Bernhard


Summary

RailWorks Corporation (“RailWorks” or the “Company”), a portfolio company of Wind Point Partners (“Wind Point” or “WPP”), recently announced its sale to Bernhard Capital Partners (“Bernhard”). Terms of the transaction were not disclosed.

Baird served as the lead financial advisor to RailWorks Corporation on this transaction.

About

Founded in 1904 RailWorks is a leading provider of critical maintenance and specialized construction services and products to the rail infrastructure sector. The Company builds and maintains rail transportation infrastructure that keeps people and goods moving across the United States and Canada. RailWorks serves a broad range of customers including Class I, II and short line railroads, transit authorities, commuter railroads, municipalities, and industrial, manufacturing and power plant facilities. RailWorks is headquartered in New York, New York and has approximately 3,850 employees located at more than 50 offices throughout the United States and Canada.

Wind Point Partners is a private equity investment firm with approximately $4 billion in assets under management. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. WPP targets investments in the consumer products, industrial products, and business services sectors. Wind Point is currently investing out of Wind Point Partners IX, a $1.5 billion fund that was initiated in 2019. WPP is headquartered in Chicago, Illinois.

Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard has deployed capital in three funds across five different strategies and has approximately $2.5 billion of gross assets under management. Bernhard seeks to create sustainable value by leveraging its experience in acquiring, operating, and growing services and infrastructure businesses. Bernhard Capital Partners is headquartered in Baton Rouge, Louisiana.
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Technology & Services
Industrial

RailWorks, a portfolio company of Wind Point, sale to Bernhard

Date
November 2021
Company
RailWorks Corporation
Transaction
M&A - Sellside
Sectors
Technology & Services
Industrial
Verticals
Machinery & Equipment
Facility, Industrial, Residential & Environmental Services
Target Geography
North America
Acquiror Geography
North America

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