In 2006, private-equity firm Northern Capital Appreciation bought Northern Crane and supercharged the Edmonton, Alberta, petroleum services firm with cash and ambition, subsequently buying A-1 Crane, TransTech; Mullen Crane, and Parkland Crane.
In 2006, private-equity firm Northern Capital Appreciation bought Northern Crane and supercharged the Edmonton, Alberta, petroleum services firm with cash and ambition. Northern Crane's primary market had been lift services in the Fort McMurray oil sands. Since then the firm acquired A-1 Crane in Grande Prairie, Alberta; heavy-haul specialist, TransTech; Mullen Crane, adding expertise in servicing the wind-energy industry; and Parkland Crane, extending its hold on Edmonton-area lifting.
“The organic growth of our crane fleet would not have been possible without Northwest Capital,” says Ron Sims, vice president of corporate affairs for the consolidated lifting company, renamed NCSG. “NCA had the expertise to bring together investors from both Canada and the U.S. who see the potential in the lift and heavy haul market and provide capital to facilitate our fleet expansion.”
The fleet expansion includes Manitowoc 18000, 16000, 12000, 2250 and 999 Crawler Cranes, and Liebherr's 550-tonne-capacity LG 1550 all-terrain crane. NCSG will take delivery of the 1,200-tonne LTM 11200 in April.
With a telescoping vertical boom 328 feet tall and 413 feet of lattice-boom jib, the all-terrain LTM 11200 has an operating weight just shy of 212,000 pounds.