About TNT Crane & Rigging
TNT Crane & Rigging is a company based in Houston (United States) founded in 1985 was acquired by First Reserve in October 2013.. TNT Crane & Rigging has raised $10.44 million across 3 funding rounds from investors including First Reserve, Odyssey Investment Partners and Mezzanine Management. TNT Crane & Rigging has completed 6 acquisitions, including Eagle West Cranes, JMS Crane and Rigging and RMS Cranes. TNT Crane & Rigging offers products and services including Crane Rental and Specialized Rigging.
- Headquarter Houston, United States
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Email
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Phone
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Website
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Social
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- Legal Name Tnt Crane & Rigging, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.44 M (USD)
in 3 rounds
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Latest Funding Round
$225 M (USD), Debt – Conventional
Oct 16, 2020
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Investors
First Reserve
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Eagle West Cranes
& 5 more
- Acquired by
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Products & Services of TNT Crane & Rigging
TNT Crane & Rigging offers a comprehensive portfolio of products and services, including Crane Rental and Specialized Rigging. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Crane rental is offered with a versatile fleet of cranes up to 900 tons, which is utilized for lifting projects in various industries
Specialized rigging is provided using tools like gantry systems and self-propelled modular transporters for projects with unique requirements
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Funding Insights of TNT Crane & Rigging
TNT Crane & Rigging has successfully raised a total of $10.44M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $225 million completed in October 2020. 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 Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $225.0M
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First Round
First Round
(15 Feb 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Debt – Conventional - TNT Crane & Rigging | Valuation |
investors |
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| Nov, 2013 | Amount | Debt – Conventional - TNT Crane & Rigging | Valuation |
investors |
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| Feb, 2011 | Amount | Series B - TNT Crane & Rigging | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TNT Crane & Rigging
TNT Crane & Rigging has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include First Reserve, Odyssey Investment Partners and Mezzanine Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Energy sector investments are managed via private equity.
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity and investment advisory firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TNT Crane & Rigging
TNT Crane & Rigging has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Eagle West Cranes, JMS Crane and Rigging and RMS Cranes. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cranes and rigging equipment are manufactured for industrial use.
|
2012 | ||||
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Crane and rigging equipment is manufactured by WM Services.
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2012 | ||||
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Owns and operates cranes, rigging equipment, forklifts, tractors and trailers
|
2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TNT Crane Rigging
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tnt Crane & Rigging Comparisons
Competitors of TNT Crane & Rigging
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about TNT Crane & Rigging
When was TNT Crane & Rigging founded?
TNT Crane & Rigging was founded in 1985 and raised its 1st funding round 26 years after it was founded.
Where is TNT Crane & Rigging located?
TNT Crane & Rigging is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Is TNT Crane & Rigging a funded company?
TNT Crane & Rigging is a funded company, having raised a total of $10.44M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10.44M, raised on Feb 15, 2011.
What does TNT Crane & Rigging do?
TNT Crane Rigging was founded in 1985 and is headquartered in Houston, United States. Crane rental services are offered, encompassing all-terrain, crawler, rough-terrain, and mobile cranes for diverse project requirements. Specialized rigging solutions, including machinery moving, gantry systems, and jack and slide systems, are provided alongside industrial storage options. Operations support construction, industrial, and infrastructure sectors, with safety emphasized through trained professionals.
What products or services does TNT Crane & Rigging offer?
TNT Crane & Rigging offers Crane Rental and Specialized Rigging.
How many acquisitions has TNT Crane & Rigging made?
TNT Crane & Rigging has made 6 acquisitions, including Eagle West Cranes, JMS Crane and Rigging, and RMS Cranes.
Who are TNT Crane & Rigging's investors?
TNT Crane & Rigging has 3 investors. Key investors include First Reserve, Odyssey Investment Partners, and Mezzanine Management.