About Cranerental
Cranerental is a company based in Orlando (United States) founded in 1960, and was acquired by Apollo Global Management in May 2016. Provider of crane rental and heavy lifting services. Cranerental has raised $27.9 million across 2 funding rounds from investors including Apollo Global Management and Maxim Crane. Cranerental has completed 5 acquisitions, including BG Crane Service, Coast Crane and Maxim Crane Works. Cranerental offers products and services including Crane Rentals and Heavy Hauling. Its legal entity is Maxim Crane Works.
Company details
The company was founded in 1960 and is based in Orlando, United States, within the construction equipment sector. A selection of cranes, including all-terrain, crawler, and tower models, is offered for rental. Heavy hauling, specialized rigging, engineering support, maintenance, and project management are also provided. An inventory of used cranes is maintained for sale.
- Headquarters Orlando, United States
- Stage Acquired
- Website cranerental.com
- Social LinkedIn X Facebook YouTube
- Acquired by Apollo Global Management (May 2016)
- Legal Name Maxim Crane Works
- Total Equity Funding$27.9M (USD)
in 2 rounds
- Latest Funding Round$27.9M (USD), Series C
Sep 2008
- InvestorsApollo Global Management
& 1 more
- Investments & AcquisitionsBG Crane Service
& 4 more
- Acquired by
Products & Services of Cranerental
Cranerental offers a comprehensive portfolio of products and services, including Crane Rentals and Heavy Hauling.
Rental of cranes is provided for construction and lifting projects, covering types such as all-terrain and crawler cranes with various capacities
Heavy hauling solutions are offered, including customized transport of over-dimensional loads using state-of-the-art rigging systems
Apps and channels of Cranerental
its YouTube channel Maxim Crane Works, L.P. has 230 subscribers and 30 videos.
Videos from Cranerental
The most watched videos on Cranerental's YouTube channel, Maxim Crane Works, L.P. (230 subscribers). Click a video to play it here.
More on Maxim Crane Works, L.P..
Funding Insights of Cranerental
Cranerental has successfully raised a total of $27.9M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $27.9 million completed in September 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $27.9M
- Total Rounds 2
- Last Round Series C — $27.9M
- First Round $18M
(Sep 2008)
All 2 funding rounds of Cranerental with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2008 | $18M | Debt – Convertible | – | – | – |
| Sep 2008 | $27.9M | Series C | – | – | – |
2 investors in total: 2 institutional.
Investors in Cranerental
Cranerental has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Apollo Global Management and Maxim Crane.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buyouts are targeted through private equity investments by the firm. | 1990 | apollo.com | New York, United States | |
Crane rental company involved in rental and sale of cranes | 1937 | maximcrane.com | Wilder, United States |
Investor details for Cranerental
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cranerental
Cranerental has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include BG Crane Service, Coast Crane and Maxim Crane Works.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Truck crane rental services are provided for various operations. | solley.com | Decatur, United States | 1999 | Sep 2019 | •••• | |
Maxim Crane Works is engaged in crane rental and lifting services. | shaughnessyandahernco.com | Boston, United States | 2000 | May 2019 | •••• | |
Provider of driver education and training courses for various vehicle categories | bgcrane.com | Jefferson, United States | 1946 | Mar 2019 | •••• | |
Provider of crane and lifting rentals | tristatecrane.com | Cincinnati, United States | 1997 | Jul 2018 | •••• | |
Mobile cranes and lifting equipment are supplied for construction projects. | coastcrane.com | Seattle, United States | 1970 | Apr 2017 | $72.5M |
Complete acquisition details for Cranerental
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Cranerental
9 dated milestones of Cranerental across 59 years, from founding to its latest funding, stage changes and deals.
- Founded Cranerental is founded.
- Funding First funding round of $18.0M.
- Exit Acquired by Maxim Crane.
- Exit Acquired by Apollo Global Management.
- Acquisition Acquires Coast Crane.
- Acquisition Acquires Tri-State Crane Rental.
- Acquisition Acquires BG Crane Service.
- Acquisition Acquires Maxim Crane Works.
- Acquisition Acquires Solley Equipment & Rigging.
Web traffic of Cranerental
Websites that share an audience with Cranerental (cranerental.com).
Websites whose visitors overlap most with Cranerental. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
freecranespecs.com | freecranespecs.com | 100% | #535,599 | – | |
| bigge.com | 88% | #783,071 | View details | ||
dawescrane.com | dawescrane.com | 88% | – | ||
nationalcrane.com | nationalcrane.com | 87% | – | ||
allcrane.com | allcrane.com | 87% | #2,013,047 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Cranerental
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Cranerental
Cranerental was founded in 1960 and raised its 1st funding round 48 years after it was founded.
Cranerental is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Cranerental is a funded company, having raised a total of $27.9M across 2 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $18M, raised on Sep 2008.
The company was founded in 1960 and is based in Orlando, United States, within the construction equipment sector. A selection of cranes, including all-terrain, crawler, and tower models, is offered for rental. Heavy hauling, specialized rigging, engineering support, maintenance, and project management are also provided. An inventory of used cranes is maintained for sale.
Cranerental offers Crane Rentals and Heavy Hauling.
Cranerental has made 5 acquisitions, including BG Crane Service, Coast Crane, and Maxim Crane Works.
Cranerental has 2 investors. Key investors include Apollo Global Management, and Maxim Crane.
Cranerental operates through Maxim Crane Works.
Yes. Cranerental was acquired by Apollo Global Management in May 2016.