American Equipment Holdings (American Equipment), part of Rotunda Capital Partners has acquired Facilities Engineering, a provider of overhead crane systems and field service solutions.
For more than 50 years, Facilities Engineering has been providing OSHA certified overhead crane systems and maintenance, repair and overhaul (MRO) field services throughout the Southwest and broader United States.
The acquisition of Facilities Engineering is the fifth acquisition completed by American Equipment since partnering with Rotunda in May of 2021.
Based in Anaheim, California, Facilities Engineering will enable American Equipment to better serve its growing MRO customer base in the Southwestern United States and further strengthens American Equipment as a provider of overhead crane systems, hoists and parts nationally.
In connection with the transaction, American Equipment also acquired FP Fabrication, a former Demag facility and one of the largest builders of overhead crane systems in the Western U.S.
“It is a pleasure to welcome Facilities Engineering to the American Equipment family of businesses,” said Adam Zimmerman, CEO, American Equipment.
“The Facilities Engineering team, led by Cindy Floriani and Vincent Baroldi, will expand our MRO field services footprint and quoting, engineering and new equipment capabilities for both our regional and national customers.”
Facilities Engineering owners Cindy Floriani and Vincent Baroldi will lead Facilities Engineering post-transaction.
“We are extremely excited to bring our decades of experience to American Equipment and believe that our combined resources will enable us to better serve our longstanding customer base, while also creating new career and leadership opportunities for our employees,” said Cindy Floriani, co-owner of Facilities Engineering.
“American Equipment’s national footprint, expertise and shared resources will enable us to accelerate our growth across both our overhead crane systems and MRO field service offerings,” said Vincent Baroldi, co-owner of Facilities Engineering.
American Equipment is aggressively seeking to acquire other overhead crane and material handling equipment and service solution providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries.
For more information contact Harrison Furse, Rotunda’s VP of Business Development, regarding acquisition opportunities.