TNT Crane & Rigging, Inc. is pleased to announce that it has signed a definitive agreement to acquire Stampede Crane & Rigging Inc., Stampede Crane & Rigging Ltd., Eagle West Truck & Crane Inc., Eagle West Precast Ltd., and certain assets of J&B Trucking, collectively “Stampede/Eagle West.” The transaction is expected to close in September 2014.
Stampede/Eagle West is a full service provider of crane and rigging services to customers in British Columbia and Alberta, Canada. This acquisition provides a strong entrance into the rapidly growing energy end-markets in Western Canada. Stampede/Eagle West will serve as a platform for TNT’s anticipated future growth in Canada both organically and through further acquisitions. Terms of the transaction were not disclosed. Continue reading