Embedded logistics service provider PSC Group, a portfolio company of Aurora Capital Partners, has acquired Bayport Rail Terminal (BRT), a 115 acre rail, truck, and container terminal that provides critical last mile logistics infrastructure and services to the chemical industry on the Bayport Loop and the Port of Houston, from the US Development Group.

Operating for more than 20 years, BRT is strategically located within one of the world's largest chemical and plastic production hubs and in close proximity to the Port of Houston.

BRT's strategic location allows it to also provide critical rail-to-container transloading services. With significant undeveloped acreage, BRT is uniquely positioned to continue to expand and serve the surrounding industry and port needs.

"The wide range of solutions and services provided by the Bayport Rail Terminal expands our existing capabilities, and we are thrilled to welcome it to the PSC family," said PSC CEO Joel Dickerson.

"BRT is a one-of-a-kind logistics asset strategically situated close to the Port of Houston and in the heart of the Houston chemical industry. Access to these markets will enable PSC to expand our offering of critical last-mile logistics services to the more than 80 rail-served manufacturing and logistic facilities housed along the Bayport Loop and the Port of Houston."

BRT marks the sixth acquisition completed by PSC Group since partnering with Aurora in 2019, including Prokar, Inc., Fryoux Tankerman Service, Akrotex Extrusion, Thermoplastics Services, Inc. and Steel Line Rail Services, LLC. The Company also recently announced the opening of its Advanced Recycling Facility in Baytown, Texas.

Wells Fargo Securities served as the exclusive financial advisor to US Development Group.