MML Capital Partners, Stamford, Conn., announced last week that its portfolio company, TNT Crane & Rigging, has acquired the assets of Americrane for an undisclosed amount.
Based in Cleburne, Texas, Americrane offers full service crane and rigging solutions. Following the acquisition, TNT has 94 cranes servicing Texas and Louisiana through its branches located in Houston, Corpus Christi, San Antonio, Dallas/Ft. Worth, Edinburg and Lake Charles, Louisiana.
"The addition of Americrane expands our geographical coverage into North Central Texas,” said Michael Appling Jr., president and CEO of TNT. “There is strong diversity in the DFW commercial work, industrial/power and energy related work tied primarily to the Barnett Shale. We’re grateful for the continued support of our partners at MML.”