M&A Deal Summary

Safway Services Acquires Atlantic Hoisting & Scaffolding

On May 12, 2011, Safway Services acquired construction company Atlantic Hoisting & Scaffolding

Acquisition Highlights
  • This is Safway Services’ 1st transaction in the Construction sector.
  • This is Safway Services’ 2nd transaction in the United States.
  • This is Safway Services’ 2nd transaction in New York.

M&A Deal Summary
Date 2011-05-12
Target Atlantic Hoisting & Scaffolding
Sector Construction
Buyer(s) Safway Services
Deal Type Add-on Acquisition

Target

Atlantic Hoisting & Scaffolding

Brooklyn, New York, United States
Atlantic Hoisting & Scaffolding LLC is a largest provider of scaffolding and hoisting solutions in the New York City area. Atlantic has been serving the commercial construction industry in New York City for more than 50 years and is known for designing and providing access services for the most complex high-rise projects. The company provides services to customers through all phases of construction, with in-house engineers and designers working alongside on-site fabricators and carpenters.

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Buyer(S) 1

Buyer

Safway Services

Waukesha, Wisconsin, United States
Category Company
Sector Business Services
Revenue 776M USD (2014)
DESCRIPTION

Safway Services LLC is a provider of scaffolding services and access solutions in North America for the industrial and commercial construction markets. The Company provides a comprehensive portfolio of services, including the design, engineering, erection, dismantling, rental and sale of scaffolding throughout the U.S. and Canada. In the industrial market, the Company services multiple end-markets, including refining, power generation, Canadian Oil Sands, chemical and pulp & paper.

DEAL STATS #
Overall 2 of 11
Sector (Construction) 1 of 4
Type (Add-on Acquisition) 2 of 11
State (New York) 2 of 2
Country (United States) 2 of 9
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-28 Beeche Systems

Scotia, New York, United States

Beeche Systems Corp. comprises QuikDeck Platform System can provide the solution to reduce labor costs and enhance access for bridge construction, rehabilitation and maintenance. QuikDeck can significantly reduce man-hours and overall project costs. The access system is a suspended modular platform decking system used in bridge construction/repair, shipyards, offshore rigs, atriums, temporary stages and many other uses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-21 Waco Equipment

Waukesha, Wisconsin, United States

Waco Equipment Co. (dba Waco Scaffolding) sells, rents, assembles and dismantles scaffolding and related access products for the construction and shipbuilding industries.

Buy -
Mergr

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