Equipment Rental & Dealers, Building Products, Industrials, Sponsor Coverage | Sponsor Related

Buckner HeavyLift Cranes has Completed a Majority Recapitalization with Markel

  • TM Capital served as exclusive financial advisor to Buckner HeavyLift Cranes, the #1 high-capacity crane rental services provider in the U.S. and the 7th largest crane rental company in the world, in its majority recapitalization with Markel Corporation
  • Established in 1947 and headquartered in Graham, North Carolina, Buckner is a fourth-generation family business that has grown to become the #1 crawler crane rental provider to the U.S. wind energy market, offering approximately 160 crawler and telecrawler cranes to support the erection and repowering of wind turbines, infrastructure projects, the space industry, stadium construction, industrial and other complex projects
  • Buckner’s differentiated assets, combined with its comprehensive value-added services including operated rentals, estimating, scheduling and logistics, lift planning, mobilization, engineering, assembly, disassembly and repairs, position the Company as the go-to resource for complex, heavy lift projects
  • Markel Corporation (NYSE:MKL, market cap $17 billion) is a diversified financial holding company that, through its Markel Ventures subsidiary, makes long-term investments in high-quality businesses that operate with a high degree of autonomy
  • TM Capital is a market leader in the equipment rental sector having completed multiple transactions involving both financial and strategic buyers/partners and published authoritative research

 

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Client Testimonial

As Buckner’s financial advisor, TM Capital demonstrated why they are a market leader in the equipment rental sector.  TM expertly positioned the business, highlighted our differentiated capabilities and articulated the market opportunity.  Importantly, TM identified a partner for Buckner in Markel who is committed to supporting our long-term growth objectives and maintaining the unique culture which has been instrumental in our success for nearly eight decades.”
– Doug Williams, CEO, Buckner HeavyLift Cranes