Barnhart acquires two Crane Service Inc. branches

Barnhart Crane and Rigging has acquired the assets and operations of two branches of Crane Service Inc. The assets were purchased from ML Holdings Co., a Denver-based company that owns Crane Service Inc. Terms of the deal were not disclosed.

Barnhart Crane & Rigging has acquired two branches of Crane Services Inc., in Texas and New Mexico.

The two branch offices are in El Paso, Texas and Albuquerque, New Mexico. This acquisition includes only specific branch assets and does not represent a purchase of the Crane Service Inc. company itself, according to a press release issued by Barnhart.

The new acquisitions include the two locations’ crane service, industrial machine moving, transportation and rigging services, along with some 45 employees.

“Since its founding in 1960, Crane Service Inc. has built a solid reputation in the crane, rigging, and transportation industry by prioritizing safety and exceeding customers’ expectations,” said Chase Reynolds, regional director for Barnhart. “They are recognized throughout the industry for having skilled and experienced operators and riggers, along with a well-maintained and comprehensive fleet of equipment. The addition of these two branches allows us to further expand our services throughout the Southwest and complements our existing branches.”

ML Holdings President Dave Matz said, “When ML Holdings/Crane Service decided to transition our Albuquerque and El Paso crane branches, we knew there was only one call to make. Barnhart has a sterling reputation in the industry, and we had confidence our employees would thrive there. While we’re sad to see some of our team leave us, we’re excited to continue to our shift to larger and more mobile assets dedicated to the energy industry.”

Isaac Holguin, branch manager, El Paso, said that when one door closes another one opens with more opportunities and growth.

“Here in El Paso, we are excited to start this next chapter in the crane industry with Barnhart Crane & Rigging Co.,” Holguin said. “We will continue to keep cranes moving as we rise up in this new world with Barnhart.”

Albuquerque branch manager Paul Raley said, “Our team is absolutely thrilled to embark on this new chapter as part of the Barnhart family! We’re buzzing with excitement for the opportunities ahead and the incredible synergy we anticipate creating together.”

ML Holdings is an owner and operator specializing in acquiring and improving both private and family-owned businesses in the construction and infrastructure products and services space. The holding company initially purchased Crane Service Inc. in 2007. Crane Service Inc. retains offices in Amarillo and Sweetwater, Texas, as well as in Denver.