Northeast Riggers Inc.

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Northeast Riggers Inc. - overview

Established

1974

Location

-, CT, US

Primary Industry

Logistics & Distribution

About

Northeast Riggers Inc. is a leading provider of rigging and millwright services, specializing in the transportation and installation of heavy machinery for various industrial sectors. Founded in 1974 in the US, Northeast Riggers Inc. focuses on rigging and millwright services, ensuring the safe relocation and installation of heavy machinery.


The company has remained consistent in its operations without significant pivots or subsidiary relationships. The founder’s history is not specified, and they have completed a total of 1 deal, with the most recent deal date being April 2, 2025. Northeast Riggers, Inc. specializes in a comprehensive suite of services that includes rigging, millwright, trucking and hauling, storage and warehousing, as well as skid and crate manufacturing.


The company’s rigging and millwright services involve the safe relocation and installation of heavy machinery, thereby addressing logistical challenges faced by industries requiring precise setup and operation of equipment. Their trucking and hauling services facilitate the transportation of large and heavy loads, catering to a diverse client base that includes manufacturing plants, construction companies, and other industrial entities located across various regions, including the East Coast of the United States. Additionally, the company offers secure storage solutions, allowing clients to safely store machinery and equipment as needed. Northeast Riggers embodies a commitment to safety and reliability, ensuring that all services meet the industry's highest standards while providing innovative solutions tailored to client needs.


The revenue model for Northeast Riggers, Inc. is centered on direct business-to-business transactions with clients in industrial sectors. Clients engage with the company for specific services, creating a transactional structure that often includes contracts for rigging, hauling, and storage based on the unique requirements of each project. Pricing for these services is determined through detailed quotations that take into account the scope of work, equipment involved, and logistical considerations.


The company’s flagship offerings, such as their specialized rigging and trucking services, often command premium pricing due to their expertise and commitment to safety standards. Overall, the company’s revenue is generated through a mix of project-based contracts and ongoing partnerships with industrial clients requiring consistent machinery moving and relocation services. In April 2025, MEI Rigging and Crating, LLC, a portfolio company of Olympus Partners, acquired Northeast Riggers Inc. The acquisition aims to extend MEI Rigging and Crating, LLC's geographic reach, expand its service offerings, and strengthen its presence in New England and the Southeast US.


The specifics on upcoming new products or services are not detailed, although it is anticipated that this new partnership will enhance operational capacities in targeted regions.


Current Investors

MEI Rigging and Crating, LLC

Primary Industry

Logistics & Distribution

Sub Industries

Equipment Rental & Leasing, Trucking, Warehouses, Packaging

Website

www.northeastriggers.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Northeast Riggers Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNortheast Riggers Inc.-

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