M&A Deal Summary

Maxim Crane Works Acquires Crane Rental

On May 22, 2015, Maxim Crane Works acquired retailer Crane Rental from HKW

Acquisition Highlights
  • This is Maxim Crane Works’ 1st transaction in the Retail sector.
  • This is Maxim Crane Works’ 2nd transaction in the United States.
  • This is Maxim Crane Works’ 1st transaction in Florida.

M&A Deal Summary

Date 2015-05-22
Target Crane Rental
Sector Retail
Buyer(s) Maxim Crane Works
Sellers(s) HKW
Deal Type Add-on Acquisition

Target

Crane Rental

Orlando, Florida, United States
website
Crane Rental Corp. is a crane rental, hauling and rigging companies in the United States.

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Buyer(S) 1

Buyer

Maxim Crane Works

Bridgeville, Pennsylvania, United States

website


Category Company
Founded 1994
Sector Business Services
DESCRIPTION

Maxim Crane Works is a coast-to-coast provider of comprehensive lifting services in the United States. Maxim Crane Works was founded in 1994 and is based in Bridgeville, Pennsylvania.


DEAL STATS #
Overall 2 of 7
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Florida) 1 of 1
Country (United States) 2 of 7
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-15 Poindexter Transportation s - Crane Services Division

United States

Poindexter Transportation's - Crane Services Division is a provider of crane lifting services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-02 AmQuip Crane Rental

Trevose, Pennsylvania, United States

AmQuip Crane Rental is a provider of crane rentals and related services with a fleet of approximately 500 cranes. AmQuip Crane Rental is based in Trevose, Pennsylvania.

Buy -

Seller(S) 1

SELLER

HKW

Indianapolis, Indiana, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1903
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Hammond Kennedy Whitney & Company (HKW) is a private equity firm focused on making control investments in mid-sized, 'market leading' companies generating sales of $5 to $75 million. HKW looks for companies with low risk for technological obsolescence, defined growth strategies, and talented management who want to own equity. Target transaction situations include industry consolidations, corporate divestitures, generational changes in ownership, growth equity, management buy-outs and recapitalizations. HKW prefers North American based opportunities. HKW dates back to 1903, however the Firm transitioned from sole to institutional investors in 2001. The Firm has offices in Indianapolis and New York City.


DEAL STATS #
Overall 21 of 38
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 12 of 19
State (Florida) 1 of 1
Country (United States) 20 of 30
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 GMD Distribution

Oakville, Ontario, Canada

GMD is a distributor to the Canadian pharmaceutical industry, specializing in supplying specialty ophthalmic pharmaceuticals to clinics across Canada. GMD develops customized programs for a variety of clients that enable the direct distribution of pharmaceuticals and other healthcare products to Canadian pharmacies and clinics.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-29 Corporate Visions

Reno, Nevada, United States

Corporate Visions is a marketing and sales messaging, tools and training company that helps global B2B companies create more sales opportunities, win more deals and increase sales profitability by improving the conversations salespeople have with customers. Companies engage Corporate Visions in three areas: developing differentiated messages that concentrate on customer needs; deploying tools that support critical steps in the buying cycle; and delivering sales skills training that enables salespeople to capture more value. Corporate Visions was formed in 1984 and is based in Reno, Nevada.

Sell -