Bay Crane Acquires Gatwood Crane Rental Service

Bay Crane Companies Acquires Cranes, Inc.

March 4, 2023

Construction

The Bay Crane Companies, Inc. has acquired Cranes, Inc., a third-generation crane rental business with roots in New York City, combining the fleets and expertise of both firms. The transaction expands Bay Crane’s presence and capabilities in the New York City metropolitan area and reinforces its leadership position in crane rental and specialized heavy lifting services.

The Bay Crane Companies Acquires Capital City Group

February 16, 2022

Industrial Services

The Bay Crane Companies, Inc. acquired Capital City Group, Inc., a Columbus, Ohio-based crane and rigging company, expanding Bay Crane's footprint into the Midwest and moving the combined business into the top 10 largest crane service companies in North America. Brian Gibson, Capital City's president and shareholder, will remain as President of the Columbus operation following the transaction.

The Bay Crane Companies Acquires Locke Crane Services, LLC

November 6, 2023

Construction

The Bay Crane Companies, Inc. has acquired Locke Crane Services, LLC, a family-owned crane, rigging and heavy-haul services provider, expanding Bay Crane's New England footprint and branch network. The acquisition adds Locke's fleet and experienced team to Bay Crane’s regional operations to broaden its turn-key lifting and heavy-haul capabilities across New England.

Capital Extension Acquires Long Island Crane & Rigging

June 13, 2024

Industrial Services

Capital Extension Crane & Lift, a Memphis-based heavy equipment holding company, has acquired Long Island Crane & Rigging, a Westhampton Beach, New York crane rental, rigging and transportation services provider. Protegrity Advisors served as exclusive advisor to Long Island Crane & Rigging; Brad Allan will remain in his leadership role as the business becomes part of Capital Extension’s portfolio to expand its New York-area coverage.

Capital Extension Acquires Clark Crane

May 16, 2025

Construction

Capital Extension Crane & Lift has acquired Clark Crane, a Nashville-based crane rental and rigging company, marking Capital Extension’s eighth acquisition. Clark Crane — which operates a fleet of over 50 cranes and will retain its existing management — expands Capital Extension’s footprint in Tennessee and the Southeastern United States.

The Manitowoc Company Acquires H&E Equipment Services' Crane Business

October 1, 2021

Industrial Services

The Manitowoc Company, Inc. has completed the acquisition of the crane business of H&E Equipment Services, Inc. for approximately $130 million. The acquired business will operate under Manitowoc’s wholly-owned subsidiary MGX Equipment Services, LLC and adds fourteen full‑service branch locations plus field service technicians to expand Manitowoc’s aftermarket capabilities and regional footprint.