Maxim Crane Works Acquires Shaughnessy Companies

May 6, 2019 - Maxim Crane Works, Shaughnessy & Ahern Crane Co., and S&A Cranes have entered into an agreement in which Maxim will acquire the Shaughnessy Companies.

The Shaughnessy Companies are one of the oldest providers of crane rental and related lift solutions, serving the Boston region for over 100 years. Maxim’s acquisition of the Shaughnessy Companies enhances Maxim's full-service, nationwide crane rental and lifting solutions platform, and expands its operations.

Following the closing, Maxim will begin integrating the Shaughnessy Companies with its existing operating business, and customers will continue to receive high-quality service.

Bryan Carlisle, CEO of Maxim, states, “The Shaughnessy Companies offers one of the most experienced teams of crane professionals in the region. Their state of the art fleet provides customers with a ‘best in class’ brand of products, parts, services, and rental equipment. We are confident that the combination of the Shaughnessy Companies and Maxim will bring added value to our combined customer base, employees, and the industry.”

Jack and Mike Shaughnessy look forward to having S&A/Maxim lead the Shaughnessy legacy into the next generation. Paul Preziosi, now vice president of the New England region for the combined S&A/Maxim, adds, “We are excited to combine the people and expertise of our industry leading companies to provide the additional equipment and services.”

“Our teams have always had a great working relationship. This combination will ensure our customers that we can continue to provide the rigging, storage, and crane related services needed to support the robust growth in our New England market. It is an honor to work with the Shaughnessy family and team, and to continue their 100+ year legacy into the next generation of leadership,” says COO, Frank Bardonaro.