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New Deal


Announced

Maxim Crane acquires Solley.

Financials

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Transaction Value-
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Pending

Equipment Rental

Friendly

Private

crane rental

lifting services

Acquisition

Single Bidder

Synopsis

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Maxim Crane Works, one of the largest lifting solutions businesses in the US acquires Solley Equipment & Rigging, a leading provider of crane rental and related lifting services. Financial terms were not disclosed. The combination of Solley and Maxim Crane enhances Maxim Crane's full-service, nationwide crane rental and lifting solutions platform and expands its operations in one of the nation’s key geographic regions. “The Solley Crane merger provides access to one of the most experienced teams of crane professionals in the region. We are excited about this amazing combination and look forward to providing our team members and customers with the additional geographic coverage and services that Solley Crane and its team bring to our company.” Bryan Carlisle, Maxim Crane CEO.

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