Pinnacle Cranes has been acquired by Atlantic & Southern Equipment
Western Allegheny Capital has sold Pinnacle Cranes to Atlantic & Southern Equipment.
Pinnacle is the largest full-service dealer of small and mid-sized cranes in North Carolina and South Carolina, offering new and used crane sales, bare rentals, service and parts. Pinnacle is the exclusive dealer of new Link-Belt cranes in the Carolinas and a Top Five Link-Belt dealer nationally, and also offers equipment from other leading OEMs, including Manitex, Magni and Shuttlelift. The company serves a diverse base of customers across a range of end markets, including infrastructure and utility, steel and precast erection, and commercial and industrial construction – all of which are experiencing heightened demand due to rapid population growth and capital investment in the Carolinas.
Atlantic & Southern Equipment is a Top Five Link-Belt dealer nationally and distributes Link-Belt cranes, Magni telehandlers, Manitex cranes and AGCO equipment from eight locations in Georgia, Alabama, Tennessee, the Florida Panhandle and North Carolina, and is a wholly owned subsidiary of Kelly Tractor Co., an authorized Caterpillar dealer in southern Florida.
Western Allegheny Capital is a family office that previously acquired one of Oaklins TM Capital’s equipment dealer clients, Tidewater Equipment.
Oaklins TM Capital served as the exclusive financial advisor to Pinnacle Cranes, a portfolio company of Western Allegheny Capital, in its sale to Atlantic & Southern Equipment, a subsidiary of Kelly Tractor Co. Oaklins TM Capital is a market leader in the equipment rental and dealer sectors, having completed 13 transactions since January 2021 with an aggregate value of US$2.3 billion, while publishing authoritative industry research.
Prata med transaktionsteamet
Relaterade affärer
Tekova Oyj har genomfört en teknisk notering på Nasdaq First North Growth Market Finland.
Tekova Oyj har framgångsrikt genomfört en teknisk notering (IPO) på Nasdaq First North Growth Market Finland. Denna transaktion markerar en viktig milstolpe i företagets tillväxtstrategi och förbättrar dess synlighet och tillgång till kapitalmarknader.
Lär dig merMark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Lär dig merGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Lär dig mer