# American Equipment acquires Eastern Crane & Hoist

American Equipment Holdings has acquired Eastern Crane & Hoist, an industrial overhead crane and service provider in the southeastern USA. Terms were undisclosed.

- Type: Acquisition
- Announced: 2022-01-12
- Where: South Carolina, United States
- Status: completed
- Products: overhead cranes, hoists, MRO services
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Rotunda Capital Partners](https://endata.com/companies/35257.md) (investor)
- [American Equipment Group](https://endata.com/companies/43092.md) (acquirer)
- [Eastern Crane & Hoist](https://endata.com/companies/60308.md) (target)
- [Kistler Crane & Hoist](https://endata.com/companies/61246.md) (target)

## Sources

- [cranebriefing.com](https://www.cranebriefing.com/news/american-equipment-acquires-eastern-crane/8017408.article), 2022-01-12: "The acquisition of Eastern Crane is the next cornerstone in our growth strategy of expanding our footprint through complementary acquisitions."
- [rotundacapital.com](https://www.rotundacapital.com/american-equipment-holdings-expands-footprint-to-the-midwest-via-acquisition-of-kistler-crane-hoist/), 2022-02-23: "The acquisition of Kistler Crane is another significant milestone in our strategy of expanding our geographic footprint and solution capabilities across the U.S."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.