Maxim Crane Works, L.P. Announces Closing of Tower Crane Asset Acquisition
Maxim Crane Works, L.P. (“Maxim”) the nation’s leading provider of turn-key heavy lift solutions, is pleased to announce the acquisition of Tower Crane assets from a wholly owned subsidiary of Sims Crane & Equipment Co. (“Sims”), a prominent player in the Florida crane market. This strategic acquisition continues Maxim's efforts to refresh its fleet, expand its product offerings, enhance its market presence, and deliver even greater value to its customers.
Maxim Crane Works, the only coast-to-coast provider of comprehensive lifting services in the United States, prices $500M second lien bond issue
Maxim Crane Works Holdings Capital, LLC (“Maxim” or the “Company”) today announced the pricing of $500 million aggregate principal amount of 11.50% Second-Priority Senior Secured Notes due 2028 (the “Notes”). In advance of the Notes offering, the company received an upgraded corporate credit rating from Moody’s, from B3 to B2.
Maxim Crane Works, L.P. announces preliminary Fourth Quarter and Full Year 2022 financial results and the extension of the existing asset-based credit facility
Maxim Crane Works L.P. (“Maxim” or the “Company”) today is reporting selected preliminary financial results for the fourth quarter and full year end 2022. All financial results for the fourth quarter and full year ending December 31, 2022, and related comparisons to prior periods included in this release are preliminary, have not been reviewed or audited, are based on the Company's estimates and were prepared prior to the completion of the Company's financial statement close process.
