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Crane 1 Services Inc. acquires Bridge Crane Specialists, LLC and Bridge Crane Express, LLC

Crane 1 Services Inc. acquires Bridge Crane Specialists, LLC and Bridge Crane Express, LLC

10/22/24, 1:59 PM
Location
cincinnati
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgtulsa
Industry
financial services
building material
manufacturing
On October 16, 2024, Crane 1 Services Inc. completed the acquisition of Bridge Crane Specialists, LLC and Bridge Crane Express, LLC. The acquisition offers a new and enhanced value proposition, including fully custom crane solutions up to CMAA Class E, expanded service in the south-central region, and highly skilled team members. The collective team will drive immediate value for customers, suppliers, and shareholders, while providing greater opportunities for employees.

Company Info

Company
Crane 1 Services
Location
Cincinnati
Company info
Crane 1 is a leading provider of overhead crane MRO services and equipment that maximize safety, diminish liability, reduce maintenance costs, and increase overall productivity. The Company offers a full suite of services, including OSHA mandated inspections, maintenance, repair, design and installation of overhead crane systems and below-the-hook lifting devices. Additionally, Crane 1 operates a leading ecommerce site branded “Hoist Central,” providing customers with the highest level of service on hard-to-find controls and parts. Crane 1 is headquartered in Cincinnati, OH and operates across 17 states. For additional information, please visit www.crane1.com or www.hoistcentral.com L Squared Capital Partners is an investment firm headquartered in Newport Beach, CA that seeks to make long-term investments in leading growth companies that operate in targeted sectors: Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. Our unique investor base of family offices enables us to focus on long-term value creation driven by revenue and earnings growth, not financial engineering, or market timing. The principals of L Squared have worked together for over a decade and have over 100 years of combined experience investing in growing private companies. For additional information, please visit www.LSquaredCap.com.

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