Circle 8 Crane Services, LLC.
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Circle 8 Crane Services, LLC. - overview
Established
2007
Location
Houston, TX, US
Primary Industry
Logistics & Distribution
About
Circle 8 Crane Services, LLC is a provider of operated and maintained mobile crane rental services, focusing on the oil and gas, commercial, and industrial sectors in the Southern United States. Founded in 2007 and headquartered in Houston, US, Circle 8 Crane Services specializes in providing crane rental services tailored to meet diverse industry demands. The company was co-founded by Phillip Bryson, who has a background in operational management, and is currently led by CEO Arnold Mabee. Circle 8 has been active in three notable deals, with its most recent funding round occurring on January 7, 2019.
Circle 8 Crane Services offers a comprehensive fleet of mobile cranes, focusing primarily on the oil and gas, commercial, and industrial sectors. Their offerings are designed to improve efficiency and safety in lifting operations, serving clients across Texas, Louisiana, New Mexico, and Oklahoma. The company provides specialized cranes and operational services, including rigging and operator expertise, ensuring their clients have access to high-quality equipment tailored to specific project requirements. The company generates revenue through business-to-business transactions primarily in crane rental services, with contracts typically based on daily or project-based rentals.
Their pricing structure is determined by the type of crane, rental duration, and additional services. This model allows clients to effectively manage costs while ensuring access to necessary equipment and skilled personnel. Circle 8 Crane Services is currently focused on expanding its market presence by targeting new geographic regions and sectors. Their strategy includes potential new product launches that enhance their crane services.
The recent funding obtained on January 7, 2019, will be utilized to support these initiatives, further solidifying their position within the energy and industrial markets.
Primary Industry
Logistics & Distribution
Sub Industries
Freight Transportation Services
Website
www.circle8services.com
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Circle 8 Crane Services, LLC. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Circle 8 Crane Services, LLC. | - | ||||||||
| Recapitalisation | Completed | Circle 8 Crane Services, LLC. | - | ||||||||
| Recapitalisation | Completed | Circle 8 Crane Services, LLC. | - |
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