Dalton Crane assets put up for sale

The sale includes 19 late-model cranes from several OEMs.

Tiger Group and GA Global Partners are proceeding with a court-ordered sale of the operations and assets of Dalton Crane. Heavy equipment rental companies can bid on the assets of the company, which serves customers in Texas and throughout the Southwest.

The assets offered in the sale include 19 late-model cranes and boom trucks from manufacturers such as Link-Belt, Grove, Liebherr, Tadano and Tadano; Mack and Kenworth trucks; Fontaine and Dorsey trailers; various support equipment

The assets of Dalton Crane will be sold over the next 60 days. Photo: Daltoncrane.com

and the Dalton Crane customer contact system.

“Like many heavy equipment rental companies, Dalton Crane took a hit when the oil and gas industry came to a halt during the early months of the COVID-19 pandemic,” said Chad Farrell, Managing Director. of Tiger Commercial & Industrial. “Although indebtedness forced the company to file for Chapter 11 bankruptcy last October, Dalton Crane’s assets and operations are sound; they represent an attractive opportunity for buyers who have emerged from COVID with stronger balance sheets.

Adam Alexander, CEO of GA Global Partners, said that due to the supply chain crisis, expanding rental companies are facing rising prices and delivery delays for cranes, equipment rolling stock and other new or recent operating assets.

“Through a turnkey sale, heavy equipment rental companies would have easy access to such in-demand inventory – contracted late-model equipment in the field. Dalton Crane’s approximately 30 employees, including 16 crane operators, continue to come to work every day to service their many active accounts,” said Alexander.

Dalton Crane’s business volume includes customers in the solar power and construction industries, as well as the oil and gas industry. Historically, Dalton Crane specialized in gas compressor charging and tuning, with a division specializing in fracturing and coil tubing.

“With a capacity of up to 300 tons, Dalton Crane rental inventory has been used for tank batteries, air conditioners, bridges, drilling equipment, generators, storage tanks, transformers, ships and more,” Farrell said. “This is a company with a strong history of customer service in Texas and the Southwest.”

Tiger Group and GA Global Partners are planning a 60-day process for the turnkey sale.

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