Crane 1 - M&A Summary, Ownership, and Business Overview

MachineryCompany

Crane 1 M&A Summary

Crane 1 has acquired 10 companies of its own, including 7 in the last 5 years.

Crane 1 has acquired in 8 different US states. The Company’s most targeted sectors include machinery (60%) and business services (40%).

Crane 1 Ownership

Who owns Crane 1?

Crane 1 is owned by L Squared Capital Partners. It was acquired on August 16, 2021.

Is Crane 1 PE-backed?

Yes. Crane 1 is owned by private equity investor L Squared Capital Partners.

Was Crane 1 formerly PE-backed?

Yes. Crane 1 was formerly owned by 1 private investor.

Crane 1 Business Overview

Where is Crane 1 headquartered?

Crane 1 is headquartered in West Chester, Ohio.

What sector is Crane 1 in?

Crane 1 is a machinery company.

When was Crane 1 founded?

Crane 1 was founded in 2007.

M&A Summary

  • M&A Total Activity10
    • M&A Buy Activity10
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Crane 1

Crane 1 Services, Inc.

9075 Centre Pointe Dr., Suite 130,
West Chester, Ohio 45069
United States,
(937) 704-9900
www.crane1.com

Crane 1 is a provider of overhead crane services and equipment that maximize safety, diminish liability, reduce maintenance costs, and increase overall productivity. Crane 1 offers a full suite of services, including inspections, maintenance, repair, design, and installation of overhead crane systems and below-the-hook lifting devices. Crane 1 was founded in 2007 and is based in West Chester, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.4/yr) # 3 1 1 3 - 2 10
Sell (0.0/yr) # - - - - - - 0
  10

Most Recent M&A

Company Date Value Type
Bridge Crane Specialists LLC 2024-10-22 - Add-on Acquisition
Kiefer, Oklahoma · www.bridgecrane.com
Standard Crane & Hoist LLC 2024-08-07 - Add-on Acquisition
Destrehan, Louisiana · www.standardcrane.com
Magnetic Lifting Technologies US 2022-10-03 - Add-on Acquisition
New Castle, Pennsylvania · www.mltus.com
Hoist & Crane Systems, Inc. 2022-05-10 - Add-on Acquisition
Matthews, North Carolina · www.hoist-crane.com
D&S Hoist and Crane LLC 2022-02-18 - Add-on Acquisition
Coraopolis, Pennsylvania · www.dshoistandcrane.com
Overhead Material Handling, Inc. 2021-05-19 - Add-on Acquisition
Oak Creek, Wisconsin · www.omhinc.com
Piedmont Hoist & Crane, Inc. - Service Division 2020-03-11 - Divestiture
Colfax, North Carolina
Mt. Clemens Crane & Service Co., Inc. 2018-09-17 - Add-on Acquisition
Harrison Township, Michigan · www.mccrane.com
Absolute Crane Service, Inc. 2018-07-26 - Add-on Acquisition
Houston, Texas · www.absolutecrane.com
Crane Service & Inspections 2017-01-31 - Add-on Acquisition
Monroe, Ohio · www.csicraneservice.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 6 (60%) - - -
Business Services 4 (40%) - - -
Total 10 - - -

By Geo

State/Country Buy Value Sell Value
United States 10 - - -
  North Carolina 2 - - -
  Pennsylvania 2 - - -
  Ohio 1 - - -
  Michigan 1 - - -
  Louisiana 1 - - -
  Wisconsin 1 - - -
  Texas 1 - - -
  Oklahoma 1 - - -
Total 10 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
10%
1 (10%)

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