Shaughnessy goes to AmQuip
25 March 2008
AmQuip Corp. continues to expand its US footprint with the March acquisition of Shaughnessy Crane Services from NES Rentals Holdings. The new Shaughnessy/AmQuip division, based in Boston, will offer a full line of crane types, including rough terrain, all terrain, crawler and tower cranes, ranging from 6 to 600 tons capacity, according to the company. The amount of the transaction was not disclosed.
AmQuip owner Joseph Wesley said, “Shaughnessy Crane and the Shaughnessy family have been leaders in our industry for generations. All of us at AmQuip are honored to welcome this incredible organization, comprising the best operators and crane professionals in the New England region.”
Harry Milligan, vice president of Shaughnessy/AmQuip, said the two companies are a perfect match, and that the purchase creates a one-stop shop for New England customers.
“Shaughnessy Crane is one of the most established and respected names in the crane rental industry,” said Frank Bardonaro, general manager of AmQuip Corp.
Michael Carrazza, managing director of Bard Capital Group, acted as advisor to AmQuip in the transaction.
Based in Bensalem, PA, AmQuip has divisions in 10 locations in eight states. The company has acquired other crane rental companies in the last 18 months.
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