PRINCE RUPERT, BRITISH COLUMBIA--(Marketwired - Nov 21, 2013) - Canadian-based NC Services Group Ltd., parent company to NCSG Crane & Heavy Haul Services Ltd. ("NCSG") announced today that it has acquired the assets of Prince Rupert-based business, Doug's Crane, from Broadwater Industries (2011) Ltd. ("Broadwater").
Doug's Crane was founded in Prince Rupert in 1984 by Doug Mackereth Sr. and the company is the leading supplier of fully operated and maintained crane services in Prince Rupert, British Columbia. The Prince Rupert region is a booming west coast port and is the location of a number of proposed LNG facilities.
"Doug's Crane has a 29 year history of providing crane and lifting solutions to its many customers in the Prince Rupert region and we are thrilled to be partnering with Doug Mackereth and the rest of the Broadwater management team" said Ted Redmond, President of NCSG, "we will continue to provide crane services to the Prince Rupert market and plan to grow our crane and heavy haul fleet in this market to meet the needs of current customers and the proposed LNG and other projects in the region."
As a part of the transaction, Doug Mackereth and the other owners of Broadwater have taken an equity interest in NCSG, and will work closely with NCSG to grow the crane and heavy haul services business in the Prince Rupert region. "NCSG | Doug's Crane will continue to provide our long term customers with fully operated and maintained crane and lifting services and we will enhance these services with additional equipment from NCSG's crane and heavy haul operations," said Doug, "with access to the NCSG safety and engineering team and a combined fleet of over 295 cranes, 200 lines of hydraulic platform trailers, 190 conventional trailers and 65 tractors, NCSG | Doug's Crane will be able to meet all of our customers' construction and maintenance crane rental, and heavy haul needs."
NCSG began as Northern Crane Services. The company was founded in 1987 and purchased in 2006 by the current investor group. Since that time, NCSG has done seven follow-on acquisitions and grown at a compound annual growth rate of approximately 30%.
NCSG, based in Edmonton, Alberta, is one of the 10 largest Crane and Heavy Haul companies in North America1. NCSG provides lifting and heavy haul services throughout the North/South Energy corridor. In Canada, NCSG has branches in Prince Rupert, Terrace/Kitimat, Fort St John and Tumbler Ridge in British Columbia; Fort McMurray, Grand Prairie, Edmonton, Wabasca and Bonnyville in Alberta; and Regina,Saskatchewan. In the U.S., NCSG has branches in Soda Springs, Idaho, Billings and Sidney in Montana, Williston and Dickinson in North Dakota, and Odessa, Texas. NCSG has a diverse fleet of over 295 cranes and picker trucks, ranging in size from 8 to 1350 tons as well as a highly specialized heavy haul tractor and trailer fleet servicing the LNG, refining, oil sands, upstream oil and gas, mining, infrastructure and wind industries.
1 As measured by American Crane & Transport Magazine's annual rankings of the Crane & Heavy Haul Industry.