Announced
Completed
Financials
Tags
rental services
United States
crane rental
Private Equity
Acquisition
Completed
Domestic
Friendly
Rental Services: Consumer
Majority
Private
Single Bidder
Synopsis
FVLCRUM Funds, a vintage buyout fund, completed the acquisition of Gulf Coast Crane Services, a provider of crane rental services. Financial terms were not disclosed. "As a part of FVLCRUM’s investment, Gulf Coast Crane has signed a community benefits agreement and will provide annual reporting to evidence its goals of material job creation in LMI communities and wage parity for its jobs. All in all, the FVLCRUM team is thrilled to welcome Gulf Coast Crane into its growing ecosystem of positive impact," Yves M. Mombeleur, FVLCRUM Managing Director of Impact.
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