Alimak Group Acquires Tall Crane Equipment Ltd.

Alimak Group AB Acquires Tractel from Cinven for ~€500m

August 2, 2022

Industrial Services

Alimak Group AB has agreed to acquire Tractel, a Luxembourg-headquartered specialist in working-at-height safety solutions and services, from private equity firm Cinven for an enterprise value of approximately €500 million. The deal combines Alimak’s vertical access business with Tractel’s product and service portfolio to create a larger global provider of height-safety and access solutions, subject to customary regulatory approvals.

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.

Alta Equipment Group Acquires Hilo Equipment & Services

June 18, 2020

Industrial Services

Alta Equipment Group Inc. has entered into a definitive agreement to acquire Hilo Equipment & Services, a privately held material handling equipment distributor with three branches in the New York City metro area. Hilo generated approximately $50 million in revenue and $3.0 million of Adjusted EBITDA in FY2019; the acquisition expands Alta's footprint in the northeastern United States and strengthens its OEM partnerships and service capabilities.

Alta Equipment Group Acquires Yale Industrial Trucks

July 6, 2022

Industrial Services

Alta Equipment Group entered into a definitive agreement to acquire Yale Industrial Trucks, Inc. (YIT), a privately held Yale lift truck dealer with five locations in southeastern Canada. The transaction expands Alta’s North American presence into major Canadian markets, including Toronto and Montreal, with closing expected in the third quarter.

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.

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.