Equity Group Investments Makes Growth Investment in CraneWorks

Equity Group Investments Invests in CIT Trucks

December 12, 2025

Trucking & Fleet

Equity Group Investments (EGI) has made an investment in CIT Trucks, a commercial truck dealer headquartered in Normal, Illinois. EGI will partner with CIT's senior management (who retain an ownership stake) to support growth and expansion across the Midwest as the current CEO retires and the president assumes the CEO role.

Equity Group Investments Makes Growth Investment in Paper Transport

July 20, 2021

Transportation

Sam Zell’s private investment firm Equity Group Investments (EGI) has invested in Paper Transport, a Wisconsin-based for-hire truckload carrier. The partnership provides growth capital and strategic support while Paper Transport’s senior management remain in place and retain an ownership stake; proceeds will be used to pursue add-on acquisitions, expand brokerage and intermodal capabilities, and accelerate geographic growth.

Equity Group Investments Partners with East Coast Warehouse

January 27, 2022

Logistics & Distribution

Equity Group Investments (EGI), Sam Zell's private investment firm, announced an investment in East Coast Warehouse (ECW), a temperature-controlled third-party logistics provider. The partnership will provide capital for add-on acquisitions and strategic support as ECW expands into new geographies; ECW's senior management will remain in place and retain an ownership stake. Terms were not disclosed.

Equity Group Investments Leads Growth Investment in Lanter Delivery Systems

July 10, 2019

Logistics & Distribution

Equity Group Investments (EGI), the private investment firm of Sam Zell, invested in and led a capital raise for Lanter Delivery Systems, a provider of overnight unattended delivery services for OEMs and industrial distributors. EGI partners Mark Sotir and Evan Harwood will join Lanter’s board as the company looks to pursue new growth opportunities across its network of nearly 100 cross-dock facilities in the U.S.; terms were not disclosed.

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.

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.