American Equipment Holdings Continues Rapid Crane Industry Consolidation with Acquisition of Installations Engineering

Transaction Expands American Equipment’s Field Service Footprint and New Equipment Capabilities Nationwide

SALT LAKE CITY –Direct News– Rotunda Capital Partners LLC

American equipment (“American equipment”), a Rotunda Capital Partnerportfolio company, acquired Facilities Engineering (“Facilities Engineering”), one of the most respected providers of crane systems and field service solutions in the industry. For over 50 years, Facilities Engineering has provided OSHA-certified overhead crane systems and maintenance, repair, and overhaul (MRO) services throughout the Southwest and the United States. The Facilities Engineering acquisition is American Equipment’s fifth acquisition since partnering with Rotunda in May 2021.

Based in Anaheim, Calif., Facilities Engineering will enable American Equipment to better serve its growing MRO customer base in the Southwestern United States and further strengthen American Equipment as a leading supplier of overhead crane systems, hoists and parts nationwide. As part of the transaction, American Equipment also acquired FP Fabrication, a former Demag plant and one of the largest manufacturers of overhead crane systems in the western United States.

“It is a pleasure to welcome facilities engineering to the American Equipment family of companies,” said American Equipment CEO Adam Zimmerman. “The Facilities Engineering team, led by Cindy Floriani and Vincent Baroldi, will expand our MRO field services footprint and our quoting, engineering and new equipment capabilities for our regional and national customers.”

Cindy Floriani and Vincent Baroldi, owners of facilities engineering, will lead facilities engineering after the transaction.

“We are extremely excited to bring our decades of experience to American Equipment and believe that our combined resources will allow us to better serve our long-time customer base, while creating new career and leadership opportunities for our employees,” said said Cindy Floriani, co-owner of Facilities Engineering. “American Equipment’s national footprint, expertise and shared resources will enable us to accelerate our growth across our crane systems and field MRO service offerings,” said Vincent Baroldi, co-owner of Facilities. Engineering.

About American Equipment Holdings

American Equipment Holdings is home to a collection of overhead crane and hoist distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane and Hoist, Facilities Engineering, Pacific Crane & Hoist, and Washington Crane & Hoist. The consolidated entity is one of the nation’s largest independent crane and lifting solution providers, serving more than 4,000 customers in 20 strategic locations in Alaska, Arizona, California, Colorado, Idaho, Nevada, New Mexico , South Carolina, Utah, Washington and Wyoming. Together, American Equipment Holdings provides complete solutions for all customer crane and hoist needs, including OSHA-mandated inspections, preventive maintenance and field repair services, parts, engineering, ISO certified manufacturing, new and replacement equipment, automated systems, system upgrades. and training.

American Equipment Holdings represents industry leading manufacturers such as Detroit Hoist, Columbus McKinnon, ACCO, R&M, Demag, Gorbel, Spanco, IMS, Harrington, Conductix, Magnetek & PE, among others, and customers rely on its service, its design, engineering, manufacturing. and installation capabilities to meet their unique application needs. American Equipment Holdings serves local, regional and national customers in a variety of end markets, including light and heavy industrial, automotive, mining, utilities, military, aerospace and defense and energy, among others. To learn more, visit www.amquipinc.com.

American Equipment actively seeks to acquire other suppliers of overhead cranes and material handling equipment and service solutions and is interested in acquisition opportunities presented by business owners, management or M&A intermediaries . please contact Harrison Furse, vice president of business development at Rotunda, regarding acquisition opportunities.

About Plant Engineering

Founded in 1968 by Donovan Floriani, Facilities Engineering has been providing a full suite of overhead crane and hoist solutions to the most demanding industry customers throughout the South West and nationally for over 50 years. Facilities engineering solutions include OSHA-mandated inspections, preventive maintenance and field repair services, parts, engineering, new and replacement equipment, and system upgrades. Facilities Engineering is headquartered in Anaheim, CA. www.bridge-cranes.com.

About Rotunda Capital Partners

Rotunda Capital Partners is an operations-focused private equity firm focused on transforming family businesses into dynamic, data-driven platforms capable of achieving and managing significant growth. Since its inception in 2009, Rotunda has partnered with management teams to build great businesses in three main sectors: value-added distribution, asset-light logistics, and industrial and commercial services. Rotunda strives to achieve repeatable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes, and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com.

Contact details

Rotunda Capital Partners

Jill Lafferty

+1 847-280-1295

[email protected]

Company Website

https://www.rotundacapital.com

See the source version on newsdirect.com: https://newsdirect.com/news/american-equipment-holdings-continues-rapid-consolidation-of-overhead-crane-industry-with-acquisition-of-facilities-engineering-163790171

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