Bernhard-backed RailWorks acquire H&H Engineering Construction

RailWorks is a North American specialty construction and maintenance rail contractor.

  • RailWorks partnered with Bernhard Capital Partners in November 2021
  • RailWorks was founded in 1998
  • Bernhard Capital has approximately $2.9 billion of gross assets under management

RailWorks Corp, a portfolio company of Bernhard Capital Partners, has acquired Stockton, California-based H&H Engineering Construction, a rail maintenance and construction contractor. No financial terms were disclosed.

RailWorks is a North American specialty construction and maintenance rail contractor.

The transaction follows RailWorks’ recently completed acquisition of Progress Rail’s Rail Welding Services Division, a specialized provider of flash butt welding.

RailWorks partnered with Bernhard Capital Partners in November 2021 to drive long-term strategic growth and expand its core offerings and capabilities.

“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,” said Kevin Riddett, RailWorks President and CEO, in a statement. “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.”

RailWorks was founded in 1998.

Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in four funds across several strategies, has approximately $2.9 billion of gross assets under management.