Crane Company Acquires Druck, Panametrics, Reuter-Stokes and optek-Danulat from Baker Hughes

Crane Company Acquires Precision Sensors & Instrumentation (PSI) from Baker Hughes

January 1, 2026

Industrial Services

Crane Company has closed its previously announced acquisition of Precision Sensors & Instrumentation (PSI) from Baker Hughes. The transaction was valued at $1.06 billion after adjusting for expected tax benefits (with an estimated net present value of approximately $90 million).

Crane Engineering Acquires Geiger Pump & Equipment Company

March 18, 2024

Industrial Services

Crane Engineering, a family-owned fluid processing distributor based in Kimberly, Wisconsin, has acquired Geiger Pump & Equipment Company, a Mid-Atlantic distributor and service provider of fluid process equipment with locations in Baltimore, Maryland and Aston, Pennsylvania. The deal expands Crane Engineering's geographic footprint into the Mid-Atlantic and New England and will keep Geiger's president, Chris Brown, in leadership of Geiger operations and in a corporate role with Crane.

Brixey & Meyer Acquires Panoptica Financial

October 30, 2023

Accounting & Tax

Cincinnati-based Panoptica Financial has joined regional accounting and advisory firm Brixey & Meyer, effective October 30, 2023. The acquisition expands Brixey & Meyer’s Cincinnati market presence and augments its accounting, CFO and advisory capabilities for growth-oriented clients.

Crane NXT to Acquire Antares Vision in €120 Million Deal

September 12, 2025

Industrial Services

Crane NXT has agreed to purchase roughly 30% of Antares Vision’s shares for about €120 million, after which it will launch a mandatory tender offer to acquire the remaining publicly traded shares at the same €5.00 per-share price. The transaction is intended to take Antares Vision private as a wholly owned subsidiary and integrate its inspection systems and track-and-trace software into Crane NXT’s detection and authentication solutions for life sciences and food & beverage customers.

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.

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.