The company has more than 3,000 employees including union workers and more than 2,500 cranes.

With more than 60 locations across the United States, each branch can provide management, rigging, engineering, transportation and outsourcing – making Maxim Crane Works’ product and service offerings the most far-reaching in the industry, Goebel said. Today, Maxim Crane Works specializes in the rental of heavy lift equipment. From 2015 to the present, Maxim Crane Works has participated in 10 crane and transport company acquisitions, predominantly under the management and guidance of Apollo Global Management. The remaining North American assets of NCSG Crane & Heavy Haul Services were purchased in August of 2020.

Other acquisitions included the assets of Metro Rigging, Axis Crane and Solley Equipment & Rigging. In May of 2019, Shaughnessy & Ahern Crane and S&A Cranes were acquired. Over the next three years Maxim purchased most of the assets of Essex Crane Rental and acquired Coast Crane, Tri-State Crane Rental, Gould Technical Services and B&G Crane. “At this point, we started a second roll up strategy,” Goebel said. AmQuip had been in the top five of the ACT100 for more than ten years. AmQuip was subsequently merged into Maxim Crane Works. In July of 2016, funds managed by Apollo Global Management simultaneously purchased Maxim Crane Works and AmQuip Crane Rental. Specialized transportation services were added with these acquisitions. Acquisition activity began again with the purchase of certain assets of LJ Crane and Poindexter Transport and the stock of Crane Rental Corporation in 20. In 2008, Platinum Equity purchased stock in the company and became the full owner of Maxim Crane Works.

In January 2005, Anthony Crane Rental was restructured and its name changed to Maxim Crane Works. In 2001, Thompson & Rich Crane was acquired. The company was rebranded as Maxim Crane Works, with the acquired companies’ operations consolidated into Anthony Crane as the parent company. In 2000, Sacramento Valley Crane, King Crane Services, Coulter Crane, Lender Crane and Carolina Crane were acquired. “Carlisle Equipment was the most significant add-on to that point.”īy the end of 1999, AAA Crane and Capital Crane were acquired. “The strategic plan was that these companies were rolled into Anthony Crane Rental,” Goebel said. In 1999, Husky Crane, Dunn Equipment and Carlisle Equipment were also brought into the fold. The initial platform acquisition made by Bain Capital was Anthony Crane Rental in July 1998, according to Don Goebel, chief legal and tax officer at Maxim Crane Works. It represented a strategic merger and acquisition (M&A) initiative managed by Bain Capital. Maxim wasn’t technically a new crane company, rather an amalgamation of several old and established crane companies.

Maxim crane lift plan