Add-on Acquisition • Business Services

Barnhart Crane & Rigging Co. Acquires NCSG Crane & Heavy Haul

On July 19, 2024, Barnhart Crane & Rigging Co. acquired business services company NCSG Crane & Heavy Haul from TriWest Capital Partners, ECP, NCA Partners and Trive Capital

Acquisition Context
  • This is Barnhart Crane & Rigging Co.’s 3rd transaction in the Business Services sector.
  • This is Barnhart Crane & Rigging Co.’s 1st transaction in Canada.
  • This is Barnhart Crane & Rigging Co.’s 1st transaction in Alberta.

Explore All 10018 Add-on Acquisition Business Services Deals - Search the Database Free


M&A Deal Summary

Date July 19, 2024
Target NCSG Crane & Heavy Haul
Sector Business Services
Buyer(s) Barnhart Crane & Rigging Co.
Sellers(s) TriWest Capital Partners
ECP
NCA Partners
Trive Capital
Deal Type Add-on Acquisition
Advisor(s) Sequeira Partners (Financial)

Target Company

NCSG Crane & Heavy Haul

Acheson, Alberta, Canada
NCSG Crane & Heavy Haul is a provider of mobile crane rental and heavy haul services. NCSG provides turnkey solutions throughout the energy corridor of Canada and the US to customers in a variety of industries. NCSG Crane & Heavy Haul was founded in 1987 and is based in Acheson, Alberta.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Barnhart Crane & Rigging Co.

Memphis, Tennessee, United States

Category Company
Founded 1969
Sector Distribution
DESCRIPTION

Barnhart national supplier of heavy lifting and transportation solutions. The company has locations across the United States.


Deal Context for Buyer #
Overall 4 of 4
Sector: Business Services 3 of 3
Type: Add-on Acquisition 3 of 3
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-30 Selinsky Force - Rigging Hauling and Crane Service

Canton, Ohio, United States

Selinsky Force's Rigging, Hauling and Crane Service offers crane service of up to 275-ton capacity, hydraulic gantries, and sliding equipment, lift trucks of up to 100,000-lb. capacity, and trucking services including hydraulic transporters. Selinsky Force's Rigging, Hauling and Crane Service is based in Canton, Ohio.

Buy -

Seller Profiles 4

SELLER

TriWest Capital Partners

Calgary, Alberta, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 1.7B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

TriWest Capital Partners is a Canadian private equity firm focused on investments in established companies operating in a variety of industries. Broad areas of interest include the distribution, manufacturing, and service sectors. TriWest targets mid-sized, profitable companies with EBITDA of $10 to $100 million. Prospective transaction types include management buyouts, growth capital financings, generational transfers, corporate divestitures, and special situations. TriWest will not invest in real estate, technology and primary resource development. TriWest Capital Partners was formed in 1998 and is based in Calgary, Alberta.


Deal Context for Seller #
Overall 29 of 30
Sector: Business Services 3 of 3
Type: Add-on Acquisition 11 of 12
State: Alberta 15 of 15
Country: Canada 27 of 28
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-04 Fastener Group

Calgary, Alberta, Canada

Fastener Group is a seller of fasteners, tools, safety gear, and other related accessories to customers across construction, oil and gas, government, and heavy industries. Fastener Group was founded in 1979 and is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-01 Alta West Capital

Calgary, Alberta, Canada

Alta West Capital is a provider of mortgage investment opportunities to investors. It invests in shorter-term mortgages to homeowners and real estate investors who often require faster execution and more flexible terms than offered through traditional solutions. Alta West Capital was formed in 1991 and is based in Calgary, Alberta.

Buy -
SELLER

ECP

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 31.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

ECP is a specialist private equity firm focused on investments in energy infrastructure. Specific areas of interest include power generation, including renewable energy facilities; electric transmission; midstream gas, including gas storage and pipelines; and other energy service businesses and infrastructure assets. The Firm primarily targets opportunities located in North America. ECP was formed in 2005 and is based in Summit, New Jersey.


Deal Context for Seller #
Overall 28 of 31
Sector: Business Services 2 of 2
Type: Add-on Acquisition 13 of 15
State: Alberta 2 of 2
Country: Canada 2 of 2
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-28 Atlantica Sustainable Infrastructure

London, United Kingdom

Atlantica sustainable infrastructure manages and invests in renewable energy, storage, efficient natural gas and heat, transmission lines and water assets. Atlantica Sustainable Infrastructure was founded in 2014 and is based in London, United Kingdom.

Buy $2.6B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-05 ProEnergy Services

Sedalia, Montana, United States

ProEnergy Services is an integrated service provider that delivers cost-effective, safe, and reliable services to the global energy industry. ProEnergy Services was founded in 2002 and is based in Sedalia, Missouri.

Buy -
SELLER

NCA Partners

Seattle, Washington, United States

Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

NCA Partners, Inc. is an investor in small and mid-sized companies operating in the Northwest US. The Firm invests in companies with $10 to $100 million in revenues and valued up to $250 million. Areas of interest include business services, consumer products/services, financial services, manufacturing, nature technology, media and transportation. NCA will consider a variety of transaction situations, including, buyouts, consolidations, turnarounds, recapitalizations and growth capital financings. NCA Partners, Inc. formerly known as Northwest Capital Appreciation, Inc. was formed in 1992 and is based in Seattle, Washington.


Deal Context for Seller #
Overall 5 of 5
Sector: Business Services 2 of 2
Type: Add-on Acquisition 4 of 4
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-03 Apply-A-Line

Pacific, Washington, United States

Apply-A-Line LLC is a provider of roadway and runway safety and pavement marking. Apply-A-Line was founded in 1984 and is based in Pacific, Washington.

Sell -
SELLER

Trive Capital

Dallas, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2012
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Trive Capital is a hands-on, operationally-focused private equity firm that targets complex or special situations in 'out of favor' but protected market niches. The Firm will consider businesses throughout North America offering differentiated products/services with leading/defensible industry positions. Trive looks to commit $10 to $300 million per investment in businesses generating revenues of $40 million to $1.5 billion. Sectors of interest include automotive, transportation, aerospace/defense, building products, construction, infrastructure, healthcare, manufacturing, industrial, chemicals, distribution, consumer goods, energy services, business services, and communications. Trive Capital was founded in 2012 and is based in Dallas, Texas.


Deal Context for Seller #
Overall 17 of 17
Sector: Business Services 2 of 2
Type: Add-on Acquisition 8 of 8
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-31 RPM

Birmingham, Michigan, United States

RPM is a logistics and transportation firm specialising in finished-vehicle shipping and speciality freight, including services for auto manufacturers, dealers, remarketing firms, and private individuals transporting vehicles. RPM was founded in 2011 and is based in Birmingham, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-22 Mo’Bettahs Hawaiian Style Food

North Logan, Utah, United States

Mo’Bettahs Hawaiian Style Food is a six-unit Hawaiian-style restaurant chain. Mo’Bettahs Hawaiian Style Food was established in 2016 and is based in North Logan, Utah.

Buy -