Rasmussen
Rasmussen Equipment Company is a US specialty marine infrastructure equipment rental and sales company, founded 1936 and headquartered in Seattle, serving marine construction contractors, barge and tugboat operators, and timber, logging, and fishing companies with one of the largest winch and sectional barge fleets in the country.
- Company typePrivate
- Founded1936
- HeadquartersSeattle, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Rasmussen does
Rasmussen Equipment Company is a Seattle-headquartered specialty equipment rental and sales company serving marine construction and adjacent industries across the United States. Founded in 1936 as a wire rope and rigging business, the company has grown into what it describes as the holder of the largest fleet of marine-grade new and used winches in the US, alongside one of the largest fleets of sectional barges in the industry. The company is privately held, currently owned by CenterGate Capital following the 2022 acquisition from a 2017-vintage private equity sponsor.
The core product set comprises winches (diesel mechanical, hydraulic, electric, air, and manual powered, in 1-, 2-, 3-, and 4-drum configurations), modular sectional barges (Poseidon and Flexifloat brands in 40' and 20' sizes), and a full line of marine rigging hardware including anchors, buoys, fenders, fairleads, blocks, and wire rope. The company complements this rental and sales fleet with on-site wire rope fabrication and certified proof testing, creating a vertically integrated rigging supply capability. Distribution runs through three full-service branches (Seattle WA, Belle Chasse LA, Williamstown NJ) and additional locations including Anderson CA, Houston TX, Coeymans NY, Cocoa FL, and Rio Vista CA, covering the East, West, and Gulf Coasts.
The business operates a sales-led, quote-based go-to-market with regional managers, sales engineers, and sales representatives targeting marine infrastructure construction contractors and barge/tugboat operators as primary segments, with timber/logging and commercial fishing as secondary segments. Revenue is generated through usage-based equipment rentals, one-time new and used equipment sales, and hardware/parts sales. Authorized distributor partnerships with brands such as Lantec, Pullmaster, Smith Berger, and Crosby anchor the supply side, and the company carries no disclosed AI, software, or digital platform products.
Rasmussen firmographics
Firmographics- Name
- Rasmussen
- Legal name
- Rasmussen Equipment Company
- Website
- https://rasmussenco.com
- Company type
- Private
- Founded year
- 1936
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Rasmussen Equipment Company is a US specialty marine infrastructure equipment rental and sales company, founded 1936 and headquartered in Seattle, serving marine construction contractors, barge and tugboat operators, and timber, logging, and fishing companies with one of the largest winch and sectional barge fleets in the country.
- Ownership category
- akta.pro rank
Rasmussen industry classification
Industry- Product category
- Marine Construction Equipment Rentals & Sales
- NAICS
- Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing (53241), Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (333923), Agriculture, Construction, and Mining Machinery Manufacturing (3331)
- SIC
- Services-Miscellaneous Equipment Rental & Leasing (7350), Construction, Mining & Materials Handling Machinery & Equip (3530), Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082)
- akta.pro primary industry
- Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans) (IMAJAIAA)
- akta.pro secondary industries
- Deck Fittings & Hardware (Bitts, Fairleads, Cleats, Anchors & Chains) (IMAJAIAK), Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB), Gear & Lifting Equipment Rental (Cranes, Spreaders, Forklifts, Reach Stackers) (TLAHALAD)
Keywords
Where Rasmussen is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
Rasmussen business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Equipment Rentals: Rental of marine construction equipment including winches, sectional barges, anchors, buoys, fenders, fairleads, blocks, and rigging hardware. Pricing is quote-based with daily rental options available.
- Equipment Sales: Sale of new, used, and reconditioned marine equipment including winches, wire rope, rigging hardware, and marine supplies
- Parts Sales: Extensive parts department supplying marine equipment parts and accessories
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Equipment rental - daily rates |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Rasmussen product offering
Product offeringCore offering
Rasmussen Equipment Company rents and sells marine construction equipment including winches (diesel mechanical, hydraulic, electric, air, and manual powered, in 1–4 drum configurations), sectional barges (Poseidon and Flexifloat brands in 40' and 20' sizes), and comprehensive rigging hardware such as anchors, buoys, fenders, fairleads, blocks, wire rope, and synthetic slings. The company supports its fleet with on-site wire rope fabrication and certified proof testing, serving construction companies, marine contractors, barge and tugboat operators, the timber and logging industry, fishing companies, and general contractors from branches and distribution hubs across the US East, West, and Gulf Coasts.
Product overview
Rasmussen Equipment Company is a marine equipment rental and sales company established in 1936, operating as a supplier, renter, and seller of lifting, rigging, and marine construction equipment across North America. The company operates from three main branches in Seattle, WA, Belle Chasse, LA, and Williamstown, NJ, with distribution hubs in California and Virginia. Their core offerings consist of equipment rentals and sales of winches (diesel mechanical, hydraulic, electric, air, and manual powered in 1-4 drum configurations), sectional barges (Poseidon and Flexifloat brands in 40' and 20' sizes), and comprehensive rigging hardware including anchors, buoys, fenders, fairleads, blocks, and wire rope products. The company supports its equipment fleet with on-site wire rope fabrication services and certified proof testing. They carry one of the largest fleets of new and used marine winches and sectional barges in the United States, serving infrastructure construction contractors, marine construction companies, barge and tugboat operators, timber/logging industry, fishing companies, and general contractors.
Differentiator
Problem solved
Functional benefit
Products and services
- Equipment Rentals Rental of marine and construction equipment including winches, sectional barges, anchors, buoys, fenders, fairleads, blocks, and rigging hardware available for short-term and long-term rental across North America.
- New Equipment Sales Sale of new marine construction equipment including winches, anchors, buoys, cleats, fenders, and wire rope rigging products distributed under manufacturer brands such as Lantec, Pullmaster, Smith Berger, and Poseidon.
- Used Equipment Sales Sale of used and reconditioned marine construction equipment including winches, barges, and rigging hardware.
- Wire Rope Fabrication On-site custom wire rope fabrication and termination services for marine and construction applications.
- Certified Proof Testing Certified proof testing services for rigging equipment to verify load capacity and compliance with safety standards.
- Winches Marine winches in diesel mechanical, hydraulic, electric, air, and manual powered configurations with 1, 2, 3, and 4 drum options for marine or land construction applications; the company maintains the largest fleet of marine grade new and used winches in the US.
- Sectional Barges Modular sectional barges in 40' and 20' sizes including rakes and ramps, available in Poseidon and Flexifloat brands for marine construction and transport; one of the largest sectional barge fleets in the industry.
- Anchors Marine anchors in various styles including Baldt, Danforth, Delta Flipper, Halls, Navy, Stockless, and Workboat with weight ranges from 250 lbs to 30,000 lbs.
- Buoys Steel buoys in cylindrical, spherical, and pancake styles with sizes ranging from 28" to 58" diameter.
- Fenders Marine fenders including foam-filled, pneumatic, and P2 bumper types for vessel protection during mooring operations.
- Fairleads & Deckleads Fairlead and decklead systems including Smith Berger brand products in vertical, horizontal, and deck-mounted configurations for wire rope guidance.
- Blocks Marine blocks including snatch blocks, rope blocks, and multi-sheave blocks from manufacturers like McKissick, Miller, and Johnson with capacity ratings up to 150 tons.
- Wire Rope & Rigging Hardware Wire rope, rigging hardware, chain, synthetic and manila rope, web slings, and synthetic slings for marine and construction applications.
- Running Line Tensiometers Running line dynamometers and tensiometers for measuring line tension during marine operations, including wireless models from Crosby/Straightpoint.
Companies that use Rasmussen
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Rasmussen technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Rasmussen partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- Lantec Hydraulic WinchescoreAuthorized distributor of Lantec Hydraulic Winches for the marine equipment rental and sales market
- Pullmaster Hydraulic WinchescoreAuthorized distributor of Pullmaster Hydraulic Winches
- Smith Berger Fairleads & Guide SheavescoreAuthorized distributor of Smith Berger fairleads and guide sheaves
- ADB Wire Rope & Rigging HardwareminorDistributor of ADB wire rope and rigging hardware
- AMCLYDE Diesel Mechanical WinchesminorDistributor of AMCLYDE diesel mechanical winches
- AMCON Diesel Mechanical WinchesminorDistributor of AMCON diesel mechanical winches
- American Diesel Mechanical WinchesminorDistributor of American diesel mechanical winches
- Crosby Wire Rope & Rigging HardwareminorDistributor of Crosby wire rope and rigging hardware
- Green Pin Wire Rope & Rigging HardwareminorDistributor of Green Pin wire rope and rigging hardware
- Gunnebo Wire Rope & Rigging HardwareminorDistributor of Gunnebo wire rope and rigging hardware
- Manitowoc Diesel Mechanical WinchesminorDistributor of Manitowoc diesel mechanical winches
- Poseidon Barge Sectional BargescoreDistributor of Poseidon sectional barges - one of the brands in their extensive barge fleet
- Van Beest Wire Rope & Rigging HardwareminorDistributor of Van Beest wire rope and rigging hardware
- Ocean Shield Marine FendersminorDistributor of Ocean Shield marine fenders
- Ingersoll Rand Air WinchesminorDistributor of Ingersoll Rand air winches
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
Rasmussen competitors and assessment
Company assessmentDirect peers
- Mammoet: Mammoet is a global heavy lifting and transport specialist that supplies cranes, engineered heavy lifting, and marine transport services to infrastructure, offshore, and marine construction customers. It directly overlaps with Rasmussen in marine and heavy lifting equipment provision, though at much larger scale and global geographic reach.
- Barnhart Crane & Rigging: Barnhart is one of the largest US providers of heavy lifting, crane rental, and rigging services with a nationwide branch network. It competes with Rasmussen in rigging hardware and heavy lift equipment provision for industrial and infrastructure customers, with overlapping customer profiles in marine and heavy construction.
- TNT Crane & Rigging: TNT Crane & Rigging is a US crane and rigging services provider serving commercial, industrial, and infrastructure customers with a multi-region branch network. It competes with Rasmussen in rigging hardware supply and heavy lift equipment provision to marine and infrastructure construction contractors.
- Deep South Crane & Rigging: Deep South Crane & Rigging is a US-based provider of crane rentals, heavy hauling, and rigging services with strong Gulf Coast presence. It directly overlaps with Rasmussen in marine and heavy construction rigging on the Gulf Coast and competes for similar barge, tugboat, and marine contractor customers.
Broad incumbents
- Aggreko: Aggreko is a global provider of temporary power, temperature control, and rental solutions serving industrial, marine, and offshore customers. It overlaps with Rasmussen in serving marine and offshore-adjacent end markets and offers equipment rental, though focused on power generation rather than winches, barges, or rigging.
- United Rentals: United Rentals is the largest equipment rental company in the world, offering aerial, industrial, and specialty equipment including trench shoring and pump solutions with some marine construction overlap. It is a broad incumbent that competes with Rasmussen on industrial rental contracts but does not specialize in winches, sectional barges, or marine rigging hardware.
- Herc Rentals: Herc Rentals is a publicly traded equipment rental company serving industrial, infrastructure, and commercial customers with a broad fleet of aerial, earthmoving, and material handling equipment. It is a broad incumbent that overlaps with Rasmussen on industrial rental accounts but does not specialize in marine winches or sectional barges.
- Sunbelt Rentals: Sunbelt Rentals is one of the largest US equipment rental companies, providing aerial work platforms, earthmoving, and industrial equipment with a strong presence in construction markets. It is a broad incumbent that competes with Rasmussen for general contractor accounts but lacks the marine-specific winch and sectional barge specialization.
- BrandSafway (Brand Industrial Services): BrandSafway is a large industrial services provider offering access, scaffolding, insulation, and marine access solutions with significant infrastructure and marine construction exposure. It overlaps with Rasmussen in serving marine contractors and infrastructure customers but operates at a much broader scale across multiple service lines.
Others
- Crosby Group: Crosby Group is a global manufacturer of rigging hardware, lifting, and material handling products including wire rope fittings, blocks, hooks, and shackles. It is one of Rasmussen's key brand partners in rigging distribution and an adjacent ecosystem participant rather than a direct competitor, but its products are core to marine rigging supply chains.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Rasmussen social profiles
Digital presenceRasmussen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Rasmussen leadership team
Management profileNumber of profiles
Profiles1 record
Rasmussen funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Rasmussen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Rasmussen
What does Rasmussen do?
Rasmussen Equipment Company rents and sells marine construction equipment including winches (diesel mechanical, hydraulic, electric, air, and manual powered, in 1–4 drum configurations), sectional barges (Poseidon and Flexifloat brands in 40' and 20' sizes), and comprehensive rigging hardware such as anchors, buoys, fenders, fairleads, blocks, wire rope, and synthetic slings. The company supports its fleet with on-site wire rope fabrication and certified proof testing, serving construction companies, marine contractors, barge and tugboat operators, the timber and logging industry, fishing companies, and general contractors from branches and distribution hubs across the US East, West, and Gulf Coasts.
Is Rasmussen a public or private company?
Rasmussen is a private company. It is classified as private equity controlled and is currently operating.
When was Rasmussen founded?
Rasmussen was founded in 1936. It employs 11 to 50 people.
Where is Rasmussen based?
Rasmussen is headquartered in Seattle, United States, in the North America region.
How does Rasmussen make money?
Three revenue lines are on record. Equipment Rentals are the primary driver. The others are equipment Sales and parts Sales.
Who are Rasmussen's main competitors?
Direct peers on record are Mammoet, Barnhart Crane & Rigging, TNT Crane & Rigging and Deep South Crane & Rigging. Broad incumbents are Aggreko, United Rentals, Herc Rentals, Sunbelt Rentals and BrandSafway (Brand Industrial Services). Crosby Group is listed as an others.
Does Rasmussen have an API?
No public API is recorded for Rasmussen.
What industry is Rasmussen in?
Rasmussen's product category is Marine Construction Equipment Rentals & Sales. Its primary akta.pro industry code is IMAJAIAA, Deck Machinery & Mooring Systems (Winches, Windlasses, Capstans), with a secondary code of IMAJAIAK, Deck Fittings & Hardware (Bitts, Fairleads, Cleats, Anchors & Chains). Its NAICS code is 53241 and its SIC code is 7350.