Insights
Benchmark International Successfully Facilitated the Transaction Between Clark Crane and Capital Extension Crane & Lift
January 30, 2025
The seller, Clark Crane, LLC, is a Nashville, TN-based operator of crane rental services in the Southeast. Clark Crane has served the area for over 35 years with all-terrain boom trucks, carry decks, crawlers, and hydraulic and rough terrain cranes. Their business was founded on curiosity, built on friendship, and sustained with employee happiness. They strive to provide the right crane for the job in terms of both capability and efficiency.
The buyer, Capital Extension Crane & Lift, is a leading heavy equipment-as-a-service company based in Tennessee for years. They strive to provide reliable alternatives to equipment ownership for their partners across various end markets. They create value through acquisitions, dynamic capital allocation, fleet productivity, margin accretion, and a hyper-focus on free cash flow to drive returns.
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“We’re tremendously excited to have partnered with Clark Elliot via our acquisition of Clark Crane. As a Tennessee-based business, Clark gives us the opportunity to expand our footprint in our home state. Clark Crane is a trusted name in the Southeast and an incredible asset to our family of brands. We want to thank Benchmark International and Matthew Kekelis for facilitating this deal.” – Garland Robeson, CEO, Capital Extension Crane & Lift.
“Both sides instantly knew that they were a perfect match. All parties worked tirelessly to keep the deal moving in the right direction. Happy to have been a part of such a great transaction.
- Matthew Kekelis, Senior Director, Benchmark International
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