Barnhart Crane has reached a definitive agreement to acquire Sicklesteel Cranes Inc., based in Mount Vernon, Wash., as consolidation continues in the crane rental industry. Sicklesteel Cranes, which has 50 employees and a fleet of 56 cranes, will continue to operate as Sicklesteel, but will have full access to Barnhart’s national network of equipment engineers and branches.
As part of the transaction, Barnhart will also be acquiring Pacific Tower Crane, an affiliated company of Sicklesteel. In addition to its Mount Vernon branch, Sicklesteel Cranes has locations in Tacoma, Wash., and Portland, Ore.
Through Barnhart’s coast-to-coast network, Sicklesteel Cranes customers will have access to Barnhart’s innovative rigging systems, wind turbine up-tower services, project cargo logistics capabilities, and a department of more than 40 engineers.
“Sicklesteel Cranes’ reputation and history is one of excellence,” said Alan Barnhart, CEO of Barnhart. “This acquisition will allow customers to receive a broader range of services that should help them lower overall project costs. We think customers throughout the Pacific Northwest will be very pleased with the expansion of services they will experience through this acquisition.”
Barnhart, with nearly 40 branches, offers operated crane rental, rigging services, outage planning, specialized solutions for component replacement, industrial storage and national project cargo logistics. The company is based in Memphis, Tenn.
