Crane 1 Acquires Craneworks, Inc.
September 22, 2026
L Squared Capital Partners and its Crane 1 platform completed the acquisition of Craneworks, Inc., a portfolio company of Southeast Business Partners. Craneworks provides crane inspection, maintenance, repair, engineering, and weight-handling services at secure government facilities; the acquisition adds Department of War capabilities and diversifies Crane 1’s customer base.
- Targets
- Craneworks, Inc.
- Sellers
- Southeast Business Partners, LLC
- Platforms
- Crane 1 Services, Inc.
- Industry
- Industrial Services
- Location
- Virginia, United States
- Transaction Type
- Addon
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