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Pinnacle Cranes Acquired by Atlantic & Southern Equipment

August 07, 2023, 07:00 AM
Filed Under: Mergers & Acquisitions

Atlantic & Southern Equipment LLC (ASE) has finalized the acquisition of Pinnacle Cranes in Midland, NC. Pinnacle Cranes has been a consistent Top 5 Link-Belt Dealer, providing excellent customer service since their founding in 2001. Both the Sales and Product Support teams of Pinnacle Cranes have joined the ASE Organization and will continue to serve their Carolina customers.
 
“This acquisition is our step forward in better serving our customers as they take on infrastructure and development projects throughout the Southeast,” said Mike Ogle Vice President of Crane Sales, Atlantic & Southern Equipment.

Atlantic & Southern Equipment is a nine-location dealer representing Link-Belt Cranes, Magni Telescopic Handlers, Manitex Cranes, and AGCO agricultural equipment serving the Southeast in Georgia, Alabama, Tennessee, the Florida Panhandle, and the Carolinas.

TM Capital served as exclusive financial advisor to Pinnacle Cranes Holding, LLC (Pinnacle), a portfolio company of Western Allegheny Capital, in its sale to Atlantic & Southern Equipment, a subsidiary of Kelly Tractor Co.







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