TNT Crane & Rigging, Inc., one of the nation’s premier lifting services providers, has acquired Rocky Mountain Structures, Inc. and its subsidiaries (“RMS”). Terms of the transaction were not disclosed.
RMS, headquartered in Denver, Colo., is one of the largest crane and rigging service companies in the Rocky Mountain region. It serves Colorado and surrounding states.
Founded in 1977, RMS has long-standing ties to the area and a diversified customer base which make the business a natural strategic fit for TNT.
The acquisition expands TNT’s contiguous geographic coverage, end-market exposure, and fleet composition with the addition of three Colorado branches and 66 cranes.
RMS serves the manufacturing, industrial, cell tower, power, commercial, and construction markets, as well as other markets throughout the Rocky Mountain region. With access to TNT’s significant resources and management experience, RMS will continue providing excellent service with the enhanced capability to take on new, larger and more complex projects.
Cody Gilliland, CEO of RMS, commented, “We are thrilled to be joining forces with TNT. The company is an industry leader with a proven successful track record not only for profitable growth but also for building a culture that puts its people first."
Gilland also said that the combined company will benefit from opportunities in the energy sector when oil prices and drilling activities return to sustainable levels.
Mike Appling, CEO of TNT, said, "RMS provides TNT further geographic expansion in the western U.S., as well as end market diversification through Colorado’s broad group of industry sectors. The depth and breadth of our combined capabilities and experience is a tremendous benefit to all of our customers.”
Kregg Lunsford, president of TNT, said, “RMS has demonstrated exceptional growth over the last several years by providing superior service and execution. We look forward to working with this exceptionally talented team and can’t wait to see what our future holds.”
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