Background

- PSC Group (PSC) is a North American embedded logistics service provider offering rail, truck, and marine logistics, railcar repair, and sustainability services to critical petrochemical infrastructure

- Aurora Capital Partners (Aurora) is a private equity firm that aims to build companies through investments in growth initiatives, strategic positioning and add-on acquisitions

- TJC, LP (TJC), formerly known as The Jordan Company, is a middle-market private equity firm investing primarily in North American businesses across a range of industries

Process

- DC Advisory served as co-advisor to PSC Group, a portfolio company of Aurora Capital Partners on its recapitalization with TJC

- DC Advisory was selected because of its relevant relationships in the Business & Tech-Enabled sector

Outcome

- TJC recapitalized PSC Group in April 2024

- Aurora has reinvested from Aurora Equity Partners V alongside TJC as part of the transaction

- Financial terms were not disclosed