Brookside Capital Partners is pleased to announce its investment in American Equipment Solutions (“AES”). Formed in June 2021 and headquartered in Salt Lake City, UT, AES is one of the largest independently owned overhead crane and hoist, weighing and measurement solutions providers in the country. With more than 60 locations serving over 8,000 customers across the United States, AES’ family of companies provides comprehensive solutions for everything related to customers’ overhead crane and hoist, weighing and measurement needs, including OSHA mandated inspections, preventative maintenance and repair field services, parts, engineering, new and replacement equipment, automated systems, system modernizations and training.
Brookside Capital Partners provided subordinated debt and an equity co-investment to support an add-on acquisition by AES, an existing portfolio company of Rotunda Capital Partners, a private equity firm focused on value-added distribution, asset light logistics and industrial, business and residential services companies. Since 2021, AES has completed 17 acquisitions to significantly expand the company’s breadth and depth of capabilities. The company continues to remain interested in acquiring other overhead crane, industrial scale and material handling equipment, parts and solution providers.
About Brookside Capital Partners
Founded in 2001, Brookside Capital Partners has invested $1.2 billion across four funds. The Firm is a leading provider of debt and minority equity to small and mid-sized companies throughout the United States. We invest in both sponsored and non-sponsored transactions, providing flexible capital solutions to support buyouts, leveraged recapitalizations, strategic acquisitions and growth capital.
Please contact us or visit our website at brooksidecp.com for additional information. We welcome investment proposals and promise a prompt and confidential response.