M&A Deal Summary

Crane 1 Acquires Bridge Crane Specialists

On October 22, 2024, Crane 1 acquired machinery company Bridge Crane Specialists

Acquisition Highlights
  • This is Crane 1’s 6th transaction in the Machinery sector.
  • This is Crane 1’s 10th transaction in the United States.
  • This is Crane 1’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2024-10-22
Target Bridge Crane Specialists
Sector Machinery
Buyer(s) Crane 1
Deal Type Add-on Acquisition

Target

Bridge Crane Specialists

Kiefer, Oklahoma, United States
Bridge Crane Specialists is a designer, manufacturer, and quality service provider of overhead cranes and material handling equipment. Bridge Crane Specialists was founded in 1987 and is based in Kiefer, Oklahoma.

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Buyer(S) 1

Buyer

Crane 1

West Chester, Ohio, United States
Category Company
Founded 2007
Sector Machinery
DESCRIPTION

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.

DEAL STATS #
Overall 10 of 10
Sector (Machinery) 6 of 6
Type (Add-on Acquisition) 9 of 9
State (Oklahoma) 1 of 1
Country (United States) 10 of 10
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-07 Standard Crane & Hoist

Destrehan, Louisiana, United States

Standard Crane & Hoist is a service and equipment provider of overhead crane inspections, repairs and maintenance, parts, and new cranes. Standard Crane & Hoist is based in Destrehan, Louisiana.

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