Go to deals
Construction & Engineering Services

Atlas Crane Service Inc. has completed a majority recapitalization with Ares Management

The founder of Atlas Crane Service Inc. (Atlas) has sold the company to Ares Management.

Founded in 2009 and headquartered in Aurora, Illinois, Atlas is a full-service crane rental provider offering turnkey solutions, primarily for mission critical maintenance, repair and repowering of wind turbines.

Ares Management (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Ares and Atlas share a commitment to accelerating the transition to a low carbon economy, which requires high quality and competitively priced servicing of wind energy assets. Ares plans to support Atlas’ long-term vision and leverage their combined strengths to drive continued growth of renewable energy power generation.

Oaklins TM Capital in the US served as the exclusive financial advisor to Atlas Crane Service Inc. in its majority recapitalization with a fund managed by the Infrastructure Opportunities strategy of Ares Management.

Service
M&A sell-side
Parties
“TM Capital was the ideal advisor to help me identify a partner to continue driving the growth of Atlas Crane. I selected them due to their deep crane and equipment rental industry expertise, strong relationships with likely partners and senior level commitment. The experienced team guided my decision-making at every stage of the process, developed outstanding presentation materials and proved instrumental in navigating this once-in-a-lifetime event. Their ability to access investors with a focus on clean energy enabled me to find the right partner for Atlas Crane.”

Zach Prentis

President, Atlas Crane Service Inc.

Talk to the deal team

 Paul R. Smolevitz

Paul R. Smolevitz

Managing Director
New York, United States
Oaklins TM Capital
 Andy  Krna

Andy Krna

Managing Director
New York, United States
Oaklins TM Capital
 Vidur  Kapur

Vidur Kapur

Associate Director
New York, United States
Oaklins TM Capital
 Dylan  Finazzo

Dylan Finazzo

Analyst
New York, United States
Oaklins TM Capital
 Joseph  Kapur

Joseph Kapur

Analyst
Boston, United States
Oaklins TM Capital

Related deals

FagFlis Group has been acquired by STARK Group A/S
Construction & Engineering Services

FagFlis Group has been acquired by STARK Group A/S

Through the acquisition of FagFlis Group, Norway’s leading B2B specialist in ceramic tiles and related products, STARK Group A/S, secures a crucial building block in their Nordic growth strategy.

Learn more
Elizabeth Revestimentos has been acquired by Mohawk Industries, Inc
Construction & Engineering Services

Elizabeth Revestimentos has been acquired by Mohawk Industries, Inc

The shareholders of Elizabeth Revestimentos have sold the company to Mohawk Industries, Inc.

Learn more
seniovo GmbH has raised US$4.48 million in a Series B growth financing
Construction & Engineering Services | TMT

seniovo GmbH has raised US$4.48 million in a Series B growth financing

In order to support seniovo’s plans to launch a comprehensive B2B platform, the company was looking for a strategic partner for its expansion. The aim was to position itself as a central service provider on the market via a partner ecosystem.

Learn more