- TM Capital served as exclusive financial advisor to Carousel Capital in connection with its recapitalization of CraneWorks / RentalWorks in partnership with existing shareholders
- Based in Birmingham, AL, CraneWorks / RentalWorks is a leading, family-owned specialty equipment rental company providing operated crane services, crane rental services, and other related equipment rental solutions.
- Carousel Capital is a Charlotte-based private equity firm focused on partnering with middle-market companies primarily in the business services, consumer products & services and healthcare services industries across the Southeast
- TM Capital is a market leader in the equipment rental and dealer sectors having completed multiple buy- and sell-side engagements over the past decade involving both financial and strategic buyers / partners
- Carousel Capital Press Release
Client Testimonial
We worked diligently over a couple of years to develop a strong relationship with the owners of CraneWorks / RentalWorks, and enlisted the input of TM Capital along the way based upon their uniquely substantial experience spanning both the specialty equipment and crane rental segments. Ultimately, we engaged them more formally to assist us across key workstreams, including the market study scope, confirmation of our valuation thinking and insights into future growth opportunities. They proved an insightful partner and we look forward to executing upon CraneWorks /RentalWorks’ exciting future growth potential.”- Chris Wells, Principal, Carousel Capital
