Carousel Capital Recapitalizes CraneWorks

Carousel Capital Recapitalizes Landscape Workshop

September 22, 2020

Environmental Services

Carousel Capital has recapitalized Landscape Workshop, partnering with the company's management team and McKinney Capital to provide growth capital and support continued platform expansion. Landscape Workshop is a route-based commercial landscaping services provider headquartered in Birmingham, Alabama, serving over 2,800 commercial properties across nine locations in the Southeastern United States.

Equity Group Investments Makes Growth Investment in CraneWorks

November 1, 2023

Industrial Services

Equity Group Investments (EGI) has made an investment in CraneWorks, a Houston-based dealer and rental provider of truck-mounted and mobile cranes. The founders and senior management will remain as owners and leaders while EGI will join the board and provide capital and strategic support to fund greenfield expansion, acquisitions, and growth of equipment sales, rental, and parts & service operations.

Carousel Capital Recapitalizes Reliance Partners

August 29, 2022

Insurance

Carousel Capital partnered with Reliance Partners' management and existing investor Lamp Post Group to recapitalize Reliance Partners, a Chattanooga-based commercial insurance broker focused on the transportation industry. The recapitalization will provide capital and strategic support to help Reliance scale its premium volume (nearly $500 million today) and pursue its goal of exceeding $1 billion in gross written premiums.

Capital Extension Acquires Clark Crane

May 16, 2025

Construction

Capital Extension Crane & Lift has acquired Clark Crane, a Nashville-based crane rental and rigging company, marking Capital Extension’s eighth acquisition. Clark Crane — which operates a fleet of over 50 cranes and will retain its existing management — expands Capital Extension’s footprint in Tennessee and the Southeastern United States.

Battle Motors Acquires Crane Carrier Company from Turnspire Capital Partners

March 24, 2021

Manufacturing

Battle Motors, Inc. acquired Crane Carrier Company, LLC from an affiliate of Turnspire Capital Partners LLC; terms were not disclosed. Crane Carrier is a long-standing manufacturer of custom vocational truck chassis and purpose-built vehicles, and the acquisition strengthens Battle Motors’ manufacturing capabilities and position in the transition to electric vocational Class 7/8 trucks.

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.