NCSG Crane & Heavy Haul Corporation (“NCSG”) and its investor group led by TriWest Capital Partners, Alberta Teachers’ Retirement Fund (“ATRF”), NCA Partners (“NCA”), and NCSG management announced today that a wholly owned indirect subsidiary of NCSG, NCSG Crane & Heavy Haul Holdings Inc., has closed the previously announced transaction to purchase 100% of the outstanding shares of B&G Crane Holdings, Inc. (“B&G”).
“We welcome all the B&G employees to the NCSG family and we are very much looking forward to working with the hard working and talented group of B&G employees and management,” said Ted Redmond, President of NCSG, “We also plan to work closely with the many B&G stakeholders including B&G’s loyal customers, suppliers and lenders.”
NCSG was founded in 1987 and is owned by an investor group led by TriWest Capital and including ATRF, NCA and management. Over the last 9 years NCSG has completed 12 acquisitions and grown to become one of the largest operated and maintained crane and heavy haul companies in North America.
NCSG, headquartered in Edmonton, Alberta provides rigging, lifting and heavy haul services throughout the North/South Energy Corridor of North America. In the U.S., NCSG now has branches or yards in New Orleans and Baton Rouge, Louisiana; Baytown, Beaumont, El Paso and Odessa, Texas; Soda Springs, Idaho; Great Falls, Billings and Sidney in Montana; Casper, Rock Springs and Gillette in Wyoming; and Gallup, New Mexico
NCSG has an experienced team of over 1000 employees, a diverse fleet of 400 cranes, carry decks and picker trucks, ranging in size from 8 to 1350 tons as well as a highly specialized heavy haul tractor and trailer fleet of over 450 units supplemented by 296 lines of platform trailers / SPMTs. NCSG services the refining, petrochemical, mid-stream oil & gas, oil sands, upstream oil & gas, LNG, mining, infrastructure, commercial and wind/utility industries. For more information about NCSG or this transaction contact Ted Redmond, NCSG CEO, at 780-993-7607 or visit www.ncsg.com