Aug 31, 2022

Capstone Partners Advised Atlas Crane Service on its Sale to Ares Management

Capstone Partners served as exclusive financial advisor to Atlas Crane Service Inc. in its majority acquisition by a fund managed by the Infrastructure Opportunities strategy of Ares Management.

Founded in 2009 and headquartered in Aurora, Illinois, Atlas is a full-service crane rental provider offering turnkey solutions primarily for mission critical maintenance, repair and repowering of wind turbines.

Ares and Atlas share a commitment to accelerating the transition to a low carbon economy, which requires high quality and competitively priced servicing of wind energy assets – Ares plans to support Atlas’ long-term vision and leverage their combined strengths to drive continued growth of renewable energy power generation.

Ares Management (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Capstone Partners is a market leader in the crane and equipment rental sectors, having completed multiple transactions involving both financial and strategic buyers / partners while publishing authoritative industry research.

[Capstone Partners] was the ideal advisor to help me identify a partner to continue driving the growth of Atlas Crane. I selected [Capstone] due to their deep crane and equipment rental industry expertise, strong relationships with likely partners and senior-level commitment. [Capstone]’s experienced team guided my decision-making at every stage of the process, developed outstanding presentation materials and proved instrumental in navigating this once-in-a-lifetime event. Their ability to access investors with a focus on clean energy enabled me to find the right partner for Atlas Crane.

Zach PrentisPresident, Atlas Crane Service Inc.