Business
PNC Financial Services : TCW Steel City Serves as Lead Arranger, Administrative Agent on Wynnchurch Capital, LP, Acquisition of NABRICO Marine Products
PNC Financial Services : TCW Steel City Serves as Lead Arranger, Administrative Agent on Wynnchurch Capital, LP, Acquisition of NABRICO Marine
About this update from Pnc Financial Services Group, Inc. (the)
[{"type":"text","content":"\n PITTSBURGH, May 28, 2026 /PRNewswire/ -- TCW Steel City (\"Steel City\") today announced it served as lead arranger and administrative agent for Wynnchurch Capital LP's acquisition of NABRICO Marine Products, formerly Arcosa Marine Products, Inc., from Arcosa Inc. (NYSE: ACA).\n \n \n Headquartered in Covington, Louisiana, NABRICO is a leading manufacturer of hopper barges, tank barges, fiberglass covers and marine components serving the inland waterway transportation market.\n \n \n \"We are pleased to support Wynnchurch Capital in its acquisition of NABRICO Marine Products,\" said Walt Hill on behalf of Steel City. \"This transaction reflects our continued focus on providing flexible, reliable financing solutions to leading businesses with strong market positions and long-term growth potential.\"\n \n \n \"Steel City was a strong partner throughout this transaction,\" said Mike MacKay, principal at Wynnchurch Capital. \"The team executed an efficient process and brought a thoughtful, solutions-oriented approach at each stage. We value their partnership and look forward to working together again.\"\n About Wynnchurch Capital, LP\n Wynnchurch Capital, LP, headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch's strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. \n \n \n Wynnchurch manages a number of private equity funds with $9.1 billion of assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Charter Industries, a leading provider of edgebanding and complementary products. Other recent investments include: Astro Shapes, a leading manufacturer of custom aluminum extrusions; Principal Industries, a leading provider of LED components and engineered assemblies; and ORS Nasco, North America's largest pure wholesaler of industrial MRO supplies. For more information, please visit: https://www.wynnchurch.com.\n About TCW Steel City\n Steel City is a private credit platform that combines the experience and resources of PNC Bank, the seventh largest commercial banking institution in the U.S...