Arcosa Inc., Dallas, announced it has entered into a definitive agreement to sell its barge building business to Wynnchurch Capital LP, Rosemont, Ill., for $450 million in cash, continuing a string of mergers and acquisitions across the U.S. maritime industry.
The sale of Arcosa Marine Products, Covington, La., s expected to close in the second quarter of 2026 after regulatory approval and other customary closing conditions are satisfied, the company said in a press release. Arcosa Marine will operate as an independent, standalone platform under Wynnchurch ownership.
Arcosa Marine Products manufactures inland barges, fiberglass barge covers, winches, and marine hardware with operations along the U.S. inland river system. The business is marketed under the Arcosa Marine, Nabrico, and Wintech brands.
The company, which was spun off from Trinity Industries Inc., Dallas, in 2018, builds, repairs, and paints inland barges, including dry cargo and tank barges, from six facilities across the inland waterway system.
Arcosa, which noted its barge business generated $383 million in revenue and $68 million in adjusted segment EBITDA in 2025, said it intends to use net after-tax proceeds from the sale to invest in its core growth platforms and reduce outstanding debt.
"With a strong backlog that provides production visibility deep into 2026 and market fundamentals supporting a healthy replacement cycle, we believe this is the right time to transition the barge business to an owner aligned with its long-term growth plans," said Antonio Carrillo, president and CEO of Arcosa. "I am confident in its continued success under the focused ownership of Wynnchurch."
Following completion of the divestiture, Arcosa will focus on its construction materials and engineered structures businesses.
"The barge divestiture further reduces complexity and cyclicality, raises our overall margin profile, and enhances the long-term resiliency of the company," Carrillo said. "We have an active pipeline of investment opportunities, both organic and inorganic, and plan to prioritize the allocation of capital toward our high-growth, high-margin businesses."
Wynnchurch Capital is a middle-market private equity investment firm with $8.6 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings.
Greg Gleason, managing partner at Wynnchurch, said, “Arcosa Marine is a leading barge manufacturer with strong fundamentals, attractive end markets, and a long-standing reputation for quality and safety. As a standalone business, we believe the company will benefit from a dedicated strategic focus and enhanced operational flexibility.”
Mike MacKay, principal at Wynnchurch, added, “Arcosa Marine operates in a critical segment of the U.S. transportation infrastructure with favorable long-term demand drivers. We see meaningful opportunities to invest in the company’s operations and pursue both organic and strategic growth initiatives.”
Wells Fargo served as financial advisor to Arcosa, and Gibson, Dunn & Crutcher served as legal advisor. Paul Hastings served as legal advisor to Wynnchurch.
