Wynnchurch Capital has signed a definitive agreement to acquire Arcosa Marine Products from Arcosa in a corporate carve-out transaction that will establish Arcosa Marine as an independent standalone platform under Wynnchurch ownership.
Headquartered in Covington, Louisiana, Arcosa Marine is a manufacturer of hopper barges, tank barges, fiberglass covers, and marine components serving the inland waterway freight transportation market. The company supports a diversified customer base transporting dry agricultural goods, aggregates, petroleum products, and other bulk cargo throughout the Upper and Lower Mississippi and Ohio River systems. Arcosa Marine operates six strategically located manufacturing facilities across the inland waterway system.
Wynnchurch said the investment underscores its experience executing complex carve-outs and partnering with industrial businesses to drive operational improvement and long-term growth. As a standalone company, Arcosa Marine is expected to benefit from a dedicated strategic focus and enhanced operational flexibility.
The buyer noted favorable long-term demand drivers in the inland waterway transportation sector and sees opportunities to invest in operations while pursuing both organic and strategic growth initiatives.
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the coming months.
Paul Hastings served as legal advisor to Wynnchurch. Wells Fargo acted as financial advisor and Gibson, Dunn & Crutcher LLP served as legal advisor to Arcosa, Inc.
Wynnchurch Capital, founded in 1999 and headquartered in Rosemont, Illinois, manages $8.6 billion of regulatory assets under management and focuses on recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings across middle-market companies in the United States and Canada.
KEY QUOTES
“Arcosa Marine is a leading barge manufacturer with strong fundamentals, attractive end markets, and a long-standing reputation for quality and safety. As a standalone business, we believe the company will benefit from a dedicated strategic focus and enhanced operational flexibility. This investment highlights Wynnchurch’s capability in executing complex carve-outs and partnering with industrial businesses to drive operational improvement and long-term growth.”
Greg Gleason, Managing Partner at Wynnchurch Capital
“Arcosa Marine operates in a critical segment of the U.S. transportation infrastructure with favorable long-term demand drivers. We see meaningful opportunities to invest in the company’s operations and pursue both organic and strategic growth initiatives. We look forward to working closely with management to accelerate these value creation opportunities.”
Mike MacKay, Principal at Wynnchurch Capital
