Columbus McKinnon to Acquire Kito Crosby; Announces Sale of U.S. Power Chain Hoist and Chain Manufacturing Operations to Pacific Avenue Capital Partners

Columbus McKinnon Completes Acquisition of Kito Crosby

February 4, 2026

Industrial Services

Columbus McKinnon Corporation has completed its acquisition of Kito Crosby Limited in an all-cash transaction. The combined company expects to scale lifting solutions globally and deliver $70 million of expected net annual run-rate cost synergies, with potential revenue synergy upside.

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.

Rotunda Capital Partners Forms American Equipment Holdings by Combining American Equipment, Pacific Crane & Hoist and Allied Crane

June 10, 2021

Industrial Services

Rotunda Capital Partners has partnered with the management teams of American Equipment, Pacific Crane & Hoist and Allied Crane to form American Equipment Holdings, a consolidated overhead crane and hoist solutions platform serving the Western United States. Patriot Capital provided a debt and equity co-investment; management (including Adam Zimmerman, Michael Perera and Dave Costa) retains equity and operational roles while the combined company operates 14 locations and serves over 2,000 customers across eight states.

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.

Columbus McKinnon Acquires Garvey Corporation

December 1, 2021

Manufacturing

Columbus McKinnon Corporation (Nasdaq: CMCO) has completed its acquisition of Garvey Corporation, a leading accumulation systems solutions provider founded in Hammonton, New Jersey with approximately 100 employees. The purchase expands Columbus McKinnon's precision conveying and accumulation technology offerings as part of its Blueprint for Growth 2.0 strategy.

The Bay Crane Companies Acquires Capital City Group

February 16, 2022

Industrial Services

The Bay Crane Companies, Inc. acquired Capital City Group, Inc., a Columbus, Ohio-based crane and rigging company, expanding Bay Crane's footprint into the Midwest and moving the combined business into the top 10 largest crane service companies in North America. Brian Gibson, Capital City's president and shareholder, will remain as President of the Columbus operation following the transaction.