The Bay Crane Companies Acquires Capital City Group
February 16, 2022
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.
- Buyers
- The Bay Crane Companies, Inc.
- Targets
- Capital City Group, Inc.
- Sellers
- Gibson family, Brian Gibson (shareholder)
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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