Add-on Acquisition • Business Services

TNT Crane & Rigging Acquires RMS Cranes

On June 4, 2015, TNT Crane & Rigging acquired business services company RMS Cranes

Acquisition Context
  • This is TNT Crane & Rigging’s 5th transaction in the Business Services sector.
  • This is TNT Crane & Rigging’s 7th transaction in the United States.
  • This is TNT Crane & Rigging’s 2nd transaction in Colorado.

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M&A Deal Summary

Date June 4, 2015
Target RMS Cranes
Sector Business Services
Buyer(s) TNT Crane & Rigging
Deal Type Add-on Acquisition
Advisor(s) Forbes Partners (Financial)

Target Company

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.
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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 7 of 8
Sector: Business Services 5 of 5
Type: Add-on Acquisition 6 of 7
State: Colorado 2 of 2
Country: United States 7 of 8
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-28 Rocky Mountain Structures

Denver, Colorado, United States

Rocky Mountain Structures, Inc. is a provider of retail crane and rigging services companies in the Rocky Mountain region, serving Colorado and the surrounding states.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 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.

Buy -