Mollitiam Holdings Acquires Majority Stake in Extreme Crane & Rigging
October 15, 2022
Mollitiam Holdings, a Florida-based private equity group, made a strategic majority investment in Extreme Crane & Rigging (Extreme Crane) to recapitalize the business and provide capital for fleet and service expansion across the Mid-Atlantic. Extreme Crane, headquartered in Manassas, Virginia, will use the investment to add equipment and grow its operations in Virginia, DC, Maryland and parts of West Virginia.
- Buyers
- Mollitiam Holdings, LLC
- Targets
- Extreme Crane & Rigging, Inc.
- Industry
- Industrial Services
- Location
- Virginia, United States
- Transaction Type
- Recapitalization
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