Essex Crane Rental Corp
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Essex Crane Rental Corp - overview
Location
Buffalo Grove, IL, US
Primary Industry
Business Support Services
About
Essex Crane Rental Corp provides crane rental services and equipment, primarily serving construction and infrastructure sectors, focusing on reliable equipment and exceptional service to facilitate major projects. Essex Crane Rental Corp specializes in crane rental services, particularly for the construction and infrastructure sectors. The company was founded in Buffalo Grove, US, and has executed 4 deals, with its most recent being a Secondary Buyout on March 1, 2013, raising USD 210. 00 mn from Hyde Park Acquisition Corp, which accounts for the total amount raised.
Essex Cranes specializes in providing high-quality crane rental services and equipment for construction and infrastructure projects. Their offerings include a diverse range of crane models designed for various lifting applications, catering to major construction firms, industrial manufacturers, and infrastructure developers across the United States, Canada, and select regions in Europe. Essex Cranes generates revenue through a structured rental model, engaging clients in the construction and industrial sectors for temporary crane use. Rental agreements are based on project duration and specific needs, with a tiered pricing structure reflecting crane type and rental length.
Long-term contracts with corporate clients ensure a steady revenue stream. Essex Crane Rental Corp plans to expand its market reach with a focus on new geographical regions. The company aims to launch several new crane models designed to meet evolving customer needs, with specific release dates to be announced. The recent funding from the Secondary Buyout will be utilized to support these initiatives and enhance their product offerings.
Primary Industry
Business Support Services
Sub Industries
Equipment Rental & Leasing, Construction
Website
http://essexcranes.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Essex Crane Rental Corp - 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 | Essex Crane Rental Corp | - | ||||||||
| Secondary Buyout | Completed | Essex Crane Rental Corp | - | ||||||||
| Recapitalisation | Completed | Essex Crane Rental Corp | - | ||||||||
| Buyout | Completed | Essex Crane Rental Corp | - |
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