RailWorks Corporation

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

RailWorks Corporation - overview

Established

1998

Location

New York, NY, US

Primary Industry

Construction

About

RailWorks Corporation specializes in rail construction and maintenance services throughout North America, emphasizing infrastructure reliability with innovative technology solutions. The company addresses both public transit and industrial needs. Founded in 1998, RailWorks Corporation is headquartered in New York, US, focusing on providing critical rail construction and maintenance services. The company was acquired by Bernhard Capital Partners Management for USD 547 million in September 2021, transitioning from Wind Point Partners.


RailWorks has successfully completed 2 deals, with the latest funding round being a Secondary Buyout that raised USD 547. 00 mn. The founder's detailed history is not available; however, the company has consistently evolved to meet the changing demands of the rail sector. RailWorks offers a comprehensive suite of rail construction and maintenance services, alongside innovative technology solutions aimed at enhancing infrastructure reliability and efficiency.


Their core product offerings include railroad construction, rehabilitation, and maintenance services tailored for both public transit systems and heavy industrial clients. RailWorks collaborates with transit agencies, leveraging decades of experience to deliver high-quality transit rail solutions that cater to end-users in urban and suburban settings across North America. The company’s technical services encompass engineering, design, and project management, ensuring successful execution of various railroad initiatives. RailWorks primarily serves markets in the United States and Canada, focusing on regions that prioritize transit and industrial infrastructure development.


RailWorks generates revenue through a combination of service contracts and project-based agreements, typically engaging in B2B transactions with public transit agencies and large-scale industrial clients. The revenue model often involves fixed-price contracts, where the company provides tailored rail construction and maintenance services, ensuring adherence to safety and quality standards. Their offerings, including flagship services like their rail maintenance solutions and transit rail enhancements, are priced based on project scope and complexity. Revenue is structured around long-term partnerships with clients, allowing for recurring business as infrastructure projects evolve and expand.


The diverse client base, including government entities and major industrial corporations, contributes to a steady stream of revenue, reflecting the critical role of rail infrastructure in regional transportation networks. Following the acquisition by Bernhard Capital Partners Management in September 2021, RailWorks Corporation aims to bolster its growth within its core service areas. The company intends to support the expanding rail infrastructure needs of North America. Specific plans for future growth include the enhancement of existing service offerings and potential expansions into new geographic regions, although specific markets and timelines have not been detailed.


The funding secured through the latest acquisition is expected to facilitate these initiatives.


Current Investors

Primary Industry

Construction

Sub Industries

Construction

Website

www.railworks.com

Verticals

Infrastructure, Urban Planning

Company Stage

Mature

Total Amount Raised

Subscriber access only

RailWorks Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedH&H Engineering Construction-
Secondary BuyoutCompletedRailWorks Corporation-
Add-onCompletedNARSTCO, Inc-
BuyoutCompletedRailWorks Corporation-

Displaying 1 - 4 of 4

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.