Bay Crane Acquires Gatwood Crane Rental Service
January 28, 2022
The Bay Crane Companies, Inc. has acquired Gatwood Crane Rental Service, a Chicago‑area crane rental and rigging firm founded in 1947. The acquisition expands Bay Crane’s geographic footprint into the Chicago‑land market and adds Gatwood’s fleet (10–500 ton capacity) and local team to Bay Crane’s operations.
- Targets
- Gatwood Crane Rental Service, Inc.
- Sellers
- Ed Gatwood / Gatwood family
- Industry
- Construction
- Location
- Illinois, United States
- Transaction Type
- Buyout
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