#USA #Pittsburgh #TCW Steel City #Wynnchurch Capital #NABRICO Marine

TCW Steel City Supports Acquisition of NABRICO Marine Products

On May 28, 2026, TCW Steel City announced its role as the lead arranger and administrative agent in the acquisition of NABRICO Marine Products by Wynnchurch Capital, LP. This strategic move marks another significant transaction within the marine industry, as it reflects favorable market conditions and strong company capabilities. NABRICO, formerly known as Arcosa Marine Products, is based in Covington, Louisiana, and specializes in manufacturing essential components such as hopper barges and tank barges tailored for the inland waterway transportation sector.

Walt Hill, representing TCW Steel City, expressed the firm's enthusiasm about supporting Wynnchurch Capital in this acquisition, emphasizing Steel City’s commitment to delivering flexible and reliable financing solutions that cater to businesses with promising growth trajectories. This transaction not only demonstrates Steel City's dedication to the marine sector but also highlights Wynnchurch’s investment strategy that targets middle-market companies positioned for significant expansion and operational improvements.

Mike MacKay, a principal at Wynnchurch Capital, praised the Steel City team for their collaborative approach throughout the acquisition process. He noted that the team executed with efficiency and provided thoughtful solutions at every stage. This effective partnership indicates a commitment to maintaining strong relationships with financial facilitators for future ventures.

Wynnchurch Capital, which is headquartered in Rosemont, Illinois, and has operations in Canada, is known for its focus on middle-market private equity investments that foster growth and profitability improvements. With assets exceeding $9.1 billion under management, Wynnchurch has a diverse portfolio that includes successful investments in firms like Charter Industries and Principal Industries. The company's strategy often revolves around recapitalization, management buyouts, corporate carve-outs, and both growth capital and restructuring solutions.

The acquisition of NABRICO Marine Products aligns perfectly with Wynnchurch's long-term investment philosophy. As a leading manufacturer, NABRICO plays a crucial role in the marine industry, catering to the growing demand for safe and reliable transportation on inland waterways. The addition of NABRICO to Wynnchurch's portfolio is anticipated to enhance production capacity and innovation in the marine sector.

TCW Steel City, created through a strategic partnership between PNC Bank and TCW Private Credit, is designed to deliver a well-rounded financial solution. With a track record stretching over 25 years, the platform employs a proven strategy focusing on senior secured loans and other financing structures across various industries, especially in the mid-market sector. Steel City operates independently, equipped with adept professionals from both PNC Bank and TCW. This strategic collaboration has culminated in numerous successful joint transactions prior to the establishment of Steel City, underscoring its capacity to serve diverse borrower needs effectively.

In summary, the acquisition of NABRICO Marine Products by Wynnchurch Capital, facilitated by TCW Steel City, presents a significant milestone in the marine market landscape. It showcases the shifting dynamics within the sector and the strategic foresight of companies like Wynnchurch and Steel City as they forge ahead in cultivating partnerships that assure competitive advantages and sustained growth. The marine industry is poised to benefit from such growth-oriented transactions, forecasting a robust future for firms involved in this essential sector.