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Maxim Crane Works, L.P. Announces Closing of Tower Crane Asset Acquisition

via Business Wire

Maxim Crane Works, L.P. (“Maxim”) the nation’s leading provider of turn-key heavy lift solutions, is pleased to announce the acquisition of Tower Crane assets from a wholly owned subsidiary of Sims Crane & Equipment Co. (“Sims”), a prominent player in the Florida crane market. This strategic acquisition continues Maxim's efforts to refresh its fleet, expand its product offerings, enhance its market presence, and deliver even greater value to its customers.

“We are thrilled to partner with Sims to complete this asset acquisition. This acquisition strengthens our commitment to delivering top-quality crane solutions and further expands our capabilities in the tower crane market," said Paul McDonnell, Maxim’s CEO.

“We are pleased to announce the sale of Sims Crane & Equipment's Tower Crane fleet. This strategic decision allows us to focus our operations on applications within the industry that align closely with our mission and objectives. By streamlining our operations, we aim to enhance our service offerings and better meet the needs of our valued customers. We truly appreciate the cooperation and professional approach of Maxim Crane Works, L.P., in working with us to accomplish this transaction,” said Deborah Weber, CEO/President of Sims Crane & Equipment Co., Inc.

ABOUT MAXIM CRANE WORKS, L.P.

Maxim is the only coast-to-coast provider of comprehensive lifting services in the United States. Maxim specializes in renting heavy-lift equipment, including hydraulic truck cranes, rough terrain cranes, crawler cranes, tower cranes, conventional truck cranes, and boom trucks. Maxim serves various industries, including industrial manufacturing, infrastructure, and commercial building.

With more than 50 locations across the United States, each of Maxim’s branches can provide management, rigging, engineering, transportation, and outsourcing, making Maxim’s product and service offerings the most far-reaching in the industry and across the country.

Learn more about Maxim Crane Works, L.P. at www.maximcrane.com.

ABOUT SIMS CRANE & EQUIPMENT CO.

Founded in 1959, Sims Crane & Equipment Co. has led the crane and rigging service industry in Florida for more than 60 years with innovative safety practices and education, sophisticated technology and financial stability. Sims Crane & Equipment Co. offers a broad selection of equipment for heavy lifting and hauling applications for construction and industrial projects, and possesses the largest crane rental fleet in Florida. With 16 branch locations, Sims is currently expanding into Georgia and recently opened an office in Atlanta, GA.

Learn more about Sims Crane & Equipment at www.simscrane.com.

"This acquisition strengthens our commitment to delivering top-quality crane solutions and further expands our capabilities in the tower crane market," said Paul McDonnell, Maxim’s CEO.

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