Maxim Crane Works and Shaughnessy & Ahern Crane Co. and S&A Cranes today jointly announced that the companies have reached agreement that Maxim will acquire the Shaughnessy Companies. The Shaughnessy Companies are one of the oldest providers of crane rental and related lift solutions servicing the Boston region for more than 100 years. Maxim’s acquisition of the Shaughnessy Companies enhances Maxim’s full-service, nationwide crane rental and lifting solutions platforms and expands its operations in one of the nation’s most critical regions.
Following the closing, Maxim will begin integrating the Shaughnessy Companies with its existing operating business. Through Maxim’s coast-to-coast footprint, engineering, operated rentals and heavy haul services, the Shaughnessy companies team and customers will gain access to one of the largest modern fleets of full-service lifting solutions in the world.
“The Shaughnessy Companies offers one of the most experienced teams of crane professionals in the region,” said Bryan Carlisle, CEO of Maxim. “Their state-of-the-art fleet provides customers with a ‘best in class’ brand of products, parts, services and rental equipment. We are confident that the combination of the Shaughnessy Companies and Maxim will bring added value to our combined customer base, employees and the industry.”
“Our teams have always had a great working relationship,” added Frank Bardonaro, chief operating officer of Maxim Crane Works. “This combination will ensure our customers that we can continue to provide the rigging, storage and crane-related services needed to support the robust growth in our New England market. It is an honor to work with the Shaughnessy family and team and to continue their 100-plus year legacy into the next generation of leadership.”
Boston-based Shaughnessy Companies services customers throughout Boston and the northeastern United States with its fleet of cranes ranging from 15- to 275-ton capacities and a supporting truck fleet. Maxim Crane Works was founded in 1937 and has more than 2,600 cranes and 56 branches in the U.S.