Crane 1 Services acquires D&S Hoist & Crane

D&S Hoist and Crane is a family company, founded in 1998 by Del Celaschi and his son, Steve, which provides comprehensive lifting solutions to businesses in the Pittsburgh, tri-state area and beyond.

Now in the third decade, D&S Hoist and Crane is proud to continue its tradition of serving the manufacturing, steel, aluminum, automotive, oil and gas, mining, and nuclear energy industries that thrive in the region around Pittsburgh.

“We are thrilled to add D&S to the Crane 1 family and proud to welcome all of our new team members. This asset purchase adds another strategic building block for Crane 1 as a leading, independent technical field service company focused on providing safe and exceptional solutions which lead to enhanced equipment uptime and reliability for our customers. The purchase also aligns well with our Crane 1 strategy of growing through highly selective acquisitions with companies that have excellent reputations in the overhead crane market while allowing us to expand our geographic service footprint,” said Thomas Boscher, president/ CE, Crane 1.

D&S will continue its operations in Coraopolis, PA, a suburb of Pittsburgh, and will service existing and new customers under co-founder, Steve Celaschi, who will continue to lead the team moving forward.

“Over the last 24 years, my father and I, along with our team, have built an incredible company. Providing excellent customer service, creative solutions, and dependable service to our customers is and will always be our main priority. We have grown by investing in our employees while providing our customers the highest quality products and service. As we transition from our current ownership to the new ownership of Crane 1, I am proud to say we share the same core values of integrity, employee focus, and outstanding customer service. We are excited to become a part of the Crane 1 family. Together we will strive to grow in our market while remaining respectful, honest, and caring to our employees and customers,” said Steve Celaschi, VP, D&S Hoist and Crane.

Sean Barrette, partner, L Squared Capital Partners, and Board Member, Crane 1 said the acquisition was consistent with L Squared Capital Partners, its private equity sponsor, which provides capital support to allow for geographic service expansion and greater expertise within the overhead crane & hoist service industry.

Crane 1 is a provider of overhead crane MRO services and equipment that maximize safety, diminish liability, reduce maintenance costs, and increase overall productivity. The company offers a full suite of services, including OSHA mandated inspections, maintenance, repair, design and installation of overhead crane systems and below-the-hook lifting devices.

It recently launched an ecommerce site branded “Hoist Central,” providing customers with the highest level of service on hard-to-find controls and parts. Crane 1 is headquartered in Miamisburg, OH and operates across 16 states.