Add-on Acquisition • Transportation

TNT Crane & Rigging Acquires JMS Crane & Rigging

On November 3, 2021, TNT Crane & Rigging acquired transportation company JMS Crane & Rigging

Acquisition Context
  • This is TNT Crane & Rigging’s 1st transaction in the Transportation sector.
  • This is TNT Crane & Rigging’s 8th transaction in the United States.
  • This is TNT Crane & Rigging’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date November 3, 2021
Target JMS Crane & Rigging
Sector Transportation
Buyer(s) TNT Crane & Rigging
Deal Type Add-on Acquisition

Target Company

JMS Crane & Rigging

Billings, Massachusetts, United States
JMS Crane & Rigging is a full-service mobile crane and heavy haul transportation provider primarily serving the wind, power, petrochemical, and refining markets. JMS Crane & Rigging was founded in 2012 and is based in Billings, Massachusetts.
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Buyer Overview 1

Buyer

TNT Crane & Rigging

Houston, Texas, United States

Category Company
Founded 1985
Sector Business Services
Revenue 100M USD (2013)
DESCRIPTION

TNT Crane & Rigging is a mobile crane rental company serving the Louisiana and Oklahoma region. TNT provides crane rental and rigging services primarily to the refinery, oil & gas, petrochemical, power and commercial end markets. The Company owns one of the largest and most diverse mobile crane fleets in the region, with cranes ranging in size from 15-tons to 800-tons. TNT Crane & Rigging was founded in 1985 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 8 of 8
Sector: Transportation 1 of 1
Type: Add-on Acquisition 7 of 7
State: Massachusetts 1 of 1
Country: United States 8 of 8
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-04 RMS Cranes

Denver, Colorado, United States

RMS serves the manufacturing, industrial, cell tower, power, commercial and construction markets, as well as other end markets throughout the Rocky Mountain Region.

Buy -