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B&G Crane Service

Business:

B&G Crane Service specializes in providing fully operated and maintained crane services, heavy rigging and specialty hauling services in the Louisiana and Texas Gulf Coast region.

Situation Overview:

Together, Sterling and the family developed a plan to expand into Texas, a new geography for the company.

“When you shook their hand, you knew you had a deal.  I had dealt with other private equity firms, and there had been a lot of re-trading.  That wasn’t the case with Sterling. Sterling has showed me ways to do things that I hadn’t realized before.”
Xavier Grilletta, New Orleans, Louisiana
Former CEO of B&G Crane Service

Headquartered in New Orleans, Louisiana, B&G Crane Service specializes in providing fully operated and maintained crane services, heavy rigging and specialty hauling services in the Louisiana and Texas Gulf Coast region.

The second generation family owners were looking for a partner to help expand the business.  The Grilletta family reinvested alongside Sterling and continued to be involved in the business post transaction. Together, Sterling and the family developed a plan to expand into Texas, a new geography for the company.  This involved acquiring the assets of a competitor to help expedite the company’s expansion into Texas. The team also built out new crane yards in Baytown and Beaumont, Texas.  During the partnership with Sterling, B&G’s addressable market and geographical footprint increased by three times.

*The experience cited here is not necessarily reflective of all who have partnered with Sterling. Past performance does not guarantee future results.

“When you shook their hand, you knew you had a deal with them.”