Heavy Lifting: A Crane Rental Secures $175M to Power US Infrastructure Boom

WESTPORT, CT – February 10, 2026 – A Crane Rental, LLC, a key provider of heavy-lifting solutions for America’s industrial and construction sectors, has secured a $175 million senior secured revolving credit facility, a financial maneuver poised to accelerate its expansion amid a nationwide infrastructure overhaul. The deal, agented by private credit firm Great Rock Capital, provides a powerful combination of refinanced debt and new liquidity. This transaction not only fortifies A Crane’s market position but also underscores a critical trend: the growing reliance on flexible, non-bank lending to fund the companies physically rebuilding the country.

The new capital, secured by the company’s accounts receivable and extensive machinery and equipment assets, gives A Crane significant financial firepower. This infusion is timed perfectly to capitalize on a wave of national investment and industrial activity.

Fueling a Nationwide Build-Out

The demand for heavy-lifting equipment is surging, driven by a confluence of powerful economic forces. The U.S. infrastructure market, valued at over $1.5 trillion in 2026, is projected to swell to $2.26 trillion by 2034, fueled by federal initiatives like the Infrastructure Investment and Jobs Act (IIJA). This government-backed spending spree is revitalizing aging transportation networks, energy grids, and public works, creating a massive appetite for the specialized services offered by companies like A Crane.

Operating from eight strategic branches across the Eastern, Southern, and Central United States, A Crane is directly in the path of this growth. The company’s services are essential for a diverse range of booming sectors. In renewable energy, the push for wind and solar installations requires fleets of mobile and crawler cranes for turbine erection and panel placement. In commercial construction, the market is expanding due to the relentless build-out of e-commerce warehouses, AI-driven data centers, and retrofitted hybrid workplaces. Furthermore, a “reshoring” trend is bringing manufacturing back to the U.S., spurring industrial plant construction and expansion, particularly in the regions A Crane serves.

"Since 2016, A Crane has expanded its operations with one of the youngest and most technologically advanced fleets in the heavy-lift industry," said Bill McCabe, President of A Crane. "Today, with the support of Great Rock, we are well positioned to continue our growth trajectory and fulfill our customers future lifting needs."

This sentiment reflects a clear strategy: leveraging a modern, efficient fleet to capture high-demand projects in a competitive landscape that includes giants like United Rentals and Maxim Crane Works. The new financing enables A Crane to continue investing in the advanced equipment necessary to meet complex project requirements and navigate industry challenges like skilled labor shortages.

The New Face of Capital

Just as important as the deal itself is how it was financed. The transaction was led not by a traditional commercial bank, but by a syndicate of private credit lenders. This reflects a major shift in middle-market finance, where companies with substantial physical assets and strong growth prospects are increasingly turning to alternative lenders for more flexible and responsive capital solutions.

Private credit firms like Great Rock Capital specialize in asset-focused lending, structuring deals around a company’s tangible value rather than the rigid formulas often employed by regulated banks. For a business like A Crane, whose value is intrinsically tied to its multi-million-dollar fleet of cranes, this approach provides faster access to greater liquidity. These lenders can creatively structure bespoke revolvers and term loans that offer more flexible covenants and amortization schedules, preserving a company’s ability to invest in growth without diluting ownership.

"A Crane is a recognized industry leader, delivering best-in-class equipment and exceptional service to a growing customer base focused on critical infrastructure servicing needs," noted Stuart Armstrong, CEO of Great Rock Capital. "Its continued success is fueled by a strong management team, and we look forward to expanding on our financial partnership as they execute on their strategic initiatives."

This partnership model is a hallmark of the private credit market, which thrives on deep industry knowledge and a willingness to underwrite a company’s strategic vision. Great Rock’s ability to lead a large, multi-lender facility demonstrates the scale and sophistication that private credit now brings to the middle market, filling a crucial gap left by more cautious traditional institutions.

Assembling the Financial Machinery

Structuring a $175 million deal requires a symphony of capital, and this transaction was no exception. Great Rock Capital served as the Administrative Agent, orchestrating a consortium of lenders that included Ares Commercial Finance, Wingspire Capital, and InterVest Capital Partners. The involvement of these diverse financial players highlights broad-based confidence in A Crane’s business model and the underlying strength of the infrastructure services market.

Each co-lender brings a unique focus to the table. Ares Commercial Finance is the commercial lending arm of a global alternative investment manager, capable of providing large-scale, innovative solutions. Wingspire Capital, a portfolio company of Blue Owl, specializes in asset-secured financing for middle-market businesses. InterVest Capital Partners adds deep expertise in specialty finance and asset-based lending. The formation of such a syndicate allows for the distribution of risk and the aggregation of a significant capital sum that might be beyond the scope of a single entity.

Navigating this complex financial terrain was The London Manhattan Company, which served as the exclusive financial advisor for the transaction. Established in 1989, the firm specializes in sourcing debt and equity for middle-market companies, particularly in complex situations where multiple capital sources must be integrated. Their role was critical in aligning the interests of A Crane with a group of lenders capable of providing a comprehensive and advantageous financial structure.

This meticulously assembled financing package provides A Crane with more than just capital; it provides a stable and flexible platform for long-term strategic planning. As the nation continues its ambitious build-out, the synergy between industrial operators like A Crane and innovative capital providers like Great Rock will be essential to turning blueprints into reality.