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B&G Crane
Service

B&G Crane <br> Service image
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.

Quote

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. Further, this individual is not an investor in any of Sterling’s affiliated investment funds, but was previously employed by a portfolio company of Sterling’s and it is possible such individual may wish to be employed by a Sterling portfolio company in the future. While this individual was not compensated for this endorsement, this individual was compensated as an employee of the portfolio company during its partnership with Sterling, and it is possible that this individual may have received or in the future receive other tangible benefits from Sterling.