RailWorks Acquires H&H Engineering Construction
Written by David C. Lester, Engineering Editor and Editor-in-Chief, Railway Track & Structures
RailWorks says the acquisition of H&H will give it access to more western U.S. markets. (Photograph Courtesy of RailWorks)
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. The aim of their November 2021 partnership, RailWorks said, was to drive its 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), which RailWorks said will enable it to utilize FBW capabilities and offer rail customers expanded Maintenance-of-Way services.
“This is an exciting time for RailWorks,” RailWorks President and CEO Kevin Riddet said. “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.”
