Mazzella Companies Acquires Piedmont Hoist & Crane

Crane 1 Services Acquires Hoist & Crane Systems (Asset Purchase)

April 29, 2022

Industrial Services

Crane 1 Services Inc. purchased the assets of Hoist & Crane Systems, Inc. (H&C) in an add-on acquisition announced April 29, 2022. The asset purchase, sponsored by private equity backer L Squared Capital, expands Crane 1's service footprint into the greater Charlotte / Carolinas market and brings nearly 30 H&C employees and fabrication, inspection and maintenance capabilities into the Crane 1 platform.

American Equipment Holdings Acquires Patriot Crane & Hoist

August 16, 2022

Industrial Services

American Equipment Holdings, a portfolio company of Rotunda Capital Partners, has acquired Patriot Crane & Hoist, a Suwanee, Georgia-based provider of overhead crane maintenance, repair and overhaul (MRO) field services. The deal expands American Equipment's Eastern U.S. footprint by folding Patriot into its Eastern Crane & Hoist division; Patriot will be managed by owner Gregg Salyer and operate as a division of American Equipment.

Tecum Equity and Western Allegheny Capital Acquire Pinnacle Cranes

October 16, 2019

Industrial Services

Tecum Equity (Western Allegheny Capital, LLC) has acquired Pinnacle Cranes, a Link‑Belt and Manitex dealer operating in North Carolina and South Carolina. Pinnacle will continue operating from its service facilities in Charlotte and Raleigh while partners plan a leadership transition and search for a new headquarters to support future growth; the business was previously a division of Carolina Tractor and Equipment Company (CTE).

American Equipment Holdings Acquires Eastern Crane & Hoist

January 11, 2022

Industrial Services

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Eastern Crane and Hoist, a Fountain Inn, South Carolina-based provider of overhead crane systems and MRO field services. The deal expands American Equipment's geographic footprint into the Southeast, retains Eastern Crane's leadership team, and strengthens the combined group's service, parts, engineering and fabrication capabilities as part of a broader add-on growth strategy.

American Equipment Holdings Acquires Washington Crane & Hoist

November 9, 2021

Industrial Services

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Washington Crane & Hoist, a provider of overhead crane maintenance, repair and overhaul (MRO) services in the Pacific Northwest and Alaska. The add-on expands American Equipment's geographic footprint and service capabilities, reinforcing its position as a leading overhead crane and hoist solutions provider in the U.S.

American Equipment Holdings Acquires Kistler Crane & Hoist

February 23, 2022

Industrial Services

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Kistler Crane & Hoist, a Midwest provider of overhead crane systems and MRO field services based in Omaha, Nebraska. The deal expands American Equipment's geographic footprint into the Midwest and strengthens its quoting, engineering, parts and field service capabilities as an add-on to its consolidating platform.