American Equipment Holdings Acquires ASR Crane and Quality Crane Service

March 22, 2022

American Equipment Holdings, a Rotunda Capital Partners portfolio company, acquired the overhead crane service businesses of Arlington Sales & Rental (ASR Crane) and Quality Crane Service to expand its MRO field services footprint in the Southwest (Arizona/Nevada) and Southeast U.S. respectively. ASR Crane will be rebranded as American Equipment while Quality Crane Service will operate within the Eastern Crane & Hoist division; the deals mark the seventh and eighth add-ons completed by American Equipment since partnering with Rotunda in May 2021.

Buyers
American Equipment Holdings, Rotunda Capital Partners
Targets
ASR Crane (Arlington Sales & Rental), Quality Crane Service
Sellers
Arlington Sales & Rental (ASR Crane) — owner Duke Nigro, Quality Crane Service — founder/owner David Stakel
Platforms
American Equipment Holdings
Location
United States
Transaction Type
Addon

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