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.
- 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
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Addon
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