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  6. Maxim Crane Works Acquires Shaughnessy & Ahern Crane Co. & S&A Cranes

M&A Deal Summary

Maxim Crane Works Acquires Shaughnessy & Ahern Crane Co. & S&A Cranes

On May 3, 2019, Maxim Crane Works acquired business services company Shaughnessy & Ahern Crane Co. & S&A Cranes

Acquisition Highlights
  • This is Maxim Crane Works’ 5th transaction in the Business Services sector.
  • This is Maxim Crane Works’ 7th transaction in the United States.
  • This is Maxim Crane Works’ 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-05-03
Target Shaughnessy & Ahern Crane Co. & S&A Cranes
Sector Business Services
Buyer(s) Maxim Crane Works
Deal Type Add-on Acquisition

Target

Shaughnessy & Ahern Crane Co. & S&A Cranes

Boston, Massachusetts, United States
Shaughnessy & Ahern Crane Co. & S&A Cranes LLC is a provider of crane rental and related lift solutions servicing the Boston Region for over a hundred years. Shaughnessy Companies, with corporate headquarters in Boston, MA services customers throughout the Boston area and the Northeastern United States with its continuously updated fleet of cranes ranging from 15 to 275-ton capacities and a supporting truck fleet.

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Buyer(S) 1

Buyer

Maxim Crane Works

Bridgeville, Pennsylvania, United States
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 7 of 7
Sector: Business Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 4 of 4
State: Massachusetts M&A 1 of 1
Country: United States M&A 7 of 7
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-01 B&G Crane Service

Jefferson, Louisiana, United States

B&G Crane Service LLC is a provider of crane rental, heavy rigging, and specialty hauling services. B&G offers highly skilled workforce and continuously operates a fleet of over 150 cranes from 4-ton to 825-ton capacities and a support truck fleet of over 100 trucks. B&G Crane Service LLC was founded in 1946 and is based in Jefferson, Louisiana.

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