TriWest Capital's NCSG to purchase PE-backed B&G Crane Service
A subsidiary of NCSG Crane & Heavy Haul Corp has agreed to buy B&G Crane Holdings Inc, a supplier of operated and maintained crane services, specialized rigging, and heavy haul transportation in the Louisiana Gulf Coast region. The acquisition's value was not disclosed. The seller in the deal is U.S. private equity firm The Sterling Group, which acquired B&G in 2010. NCSG, a crane and heavy haul company based in Edmonton, said the transaction will create "a significantly more diversified business." NCSG is backed by Canadian private equity firm TriWest Capital Partners, Alberta Teachers' Retirement Fund and NCA Partners. Earlier this year, it also bought Energy Transportation LLC.
27 April 2015•5 mins read
