Thursday 22 August 2019

S-2017-5 MEZ 40 -YEAR- OLD, FULL-SERVICE CRANE RENTAL COMPANY (US)




Business Description:
Forty-year-old crane rental company is based in the southern United States.

Distribution:
The company has a highly diversified customer base, with 250 customers operating in a variety of business sectors including telecommunications, HVAC, energy, mining, heavy industrial, residential, manufacturing, steel erecting, and highway construction. Customers tend to have steady work and long-term projects.

 Operational Strengths:
Firm specializes in truck-mounted and all terrain hydraulic cranes. Also relies upon forklifts and carry deck cranes for other jobs. Has additional capabilities to complete site preparation, heaving hauling, rigging, and machinery moving. Twenty employees and highly experienced management which will stay.

The Transaction:
Owner is ready to hand the reins over to person(s) or entity who will take the company to the next level. Owner is open to staying for a short-or long-term transition period.

 

Financial Summary (000s)

2019 Full-Year Projected by Seller
2018
2017
Revenue
4.4 M
3.8 M
3.4 M
Adjusted EBITDA
2.8 M
2.4 M
1.6 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Southern U.S.
compiled
yes
40
7353

  
Direct All Inquiries to:

Gottesman Company
Refer to S-2017-5 MEZ
Tel: 718-618-5346      UK Office: +44 (0) 7906786505
E-mail: dmj@gottesman-company.com