Truck Crane Rental and Rigging Business – Project LIFT
Industrial Crane Services Business for Sale – We are pleased to represent the owners of a successful truck crane rental and rigging business for sale. The owners have been involved with the business for 20 years and are now exploring their options.
The Company services industrial, governmental, property owner and construction accounts in the Mid-South market area. Their customer base is large and diverse. New construction related work is estimated to comprise no more than 25% of overall revenues.
Highlighted equipment includes boomtrucks, truck cranes, all-terrain cranes and rough-terrain cranes. Additionally, the Company has extensive rigging experience and equipment. The Company prides itself on the scheduling and maintenance of its fleet and a high level of customer service.
This opportunity is well-suited for a like operation seeking coverage in the area, a mechanical contractor with clientele in the eastern US, or as a platform investment for a large investor. The owners are available to work through a reasonable transition period are amenable to a long-term partnership with an appropriate party. All key employees are expected to remain with new ownership.
Industrial Crane Services Acquisition Highlights include:
- 2017 Revenues of $8 million with an Adjusted EBITDA of $1.8M
- Equipment included in sale
- Facilities available for lease or purchase in a related transaction
Contact
For additional details and to sign an NDA for confidential information on this Industrial Crane Services business for sale, contact Jason Pope at o/ 828-475-0147 or c/ 708-359-5122, jason@hatterasgroup.com
About The Hatteras Group
The Hatteras Group is a collaborative team of professional intermediaries and advisors, leading business owners and entrepreneurs as they navigate the complex and often emotional process of selling or buying a business. We represent owners to sell their businesses, lead proprietary acquisition searches, source equity and debt and provide business valuation services, generally working with companies whose annual revenues are $5MM to $100MM.
Contact Jason Pope to schedule a 30 minute call to learn how we can help you explore the M&A market or sell your business
