Gatwood Crane Service

What Gatwood Crane Service does

Gatwood Crane Service is a private, U.S.-based crane rental and rigging company founded in 1947 and headquartered in Arlington Heights, Illinois, operating as a branded member of the Bay Crane Companies network. The company rents a fleet of more than 800 cranes spanning 2.2-ton to 1,500-ton capacity, including All Terrain, Boom Truck, Crawler, Industrial & Specialty, Rail Mounted, Rough Terrain, Self Erect Tower, Telescopic Crawler, and Truck classes, supported by complementary self-propelled modular trailers (SPMT), jack-and-slide systems, hydraulic gantries, strand jacks, and an extensive rigging tackle inventory.

Its commercial offering extends beyond pure crane rental to include contract rigging services, machinery moving, specialized heavy hauling, single- and dual-car construction hoist rentals, new and used equipment sales, and more than 140 acres of outdoor plus 350,000 sqft of indoor storage. The go-to-market is B2B enterprise field sales, targeting construction and infrastructure projects, industrial and manufacturing facilities (including power plants), and heavy equipment/machinery dealers across nine Midwestern and Mid-Atlantic states served from 14 locations. Revenue is generated through project-based, quote-driven equipment rental fees and professional service contracts, with no publicly disclosed pricing.

Gatwood employs 51-100 people and is integrated into a broader parent network (Bay Crane Companies / Capital City Group) alongside seven other regional crane brands. Competitive advantages stem from the scale and capital intensity of its fleet, its multi-state branch footprint, and over seven decades of brand recognition in safety-critical heavy lift work.

Name

Gatwood Crane Service

Website

https://gatwoodcrane.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

51–100 employees

Short description

Gatwood Crane Service is a private Midwest and Mid-Atlantic crane rental and rigging company, founded 1947, operating as part of the Bay Crane Companies network. It rents 800+ cranes (2.2-1,500 tons), provides rigging, heavy haul, hoists, warehousing, and serves construction, industrial, and heavy-equipment dealer clients from 14 regional locations.

Ownership category

akta.pro rank

Headquarters

HQ city

Arlington Heights

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Crane Rental Services: Rental of cranes from 2.2 ton to 1,500 tons capacity for construction, industrial, and infrastructure projects. Revenue is generated through equipment rental fees typically charged on a daily, weekly, or project basis.
2. Contract Rigging Services: Specialized rigging services for machinery moving, equipment installation, and industrial applications. Professional services revenue generated through project-based contracts.
3. Specialized Heavy Hauling: Transportation of oversized and heavy equipment using specialized fleet including SPMT, towed trailers, stretch trailers, lowboys, and rear steer dollies.
4. Construction Hoist Rentals: Rental of construction hoists including single car and dual car systems for vertical transportation on construction sites.
5. Equipment Sales: Sales of new and used construction equipment including cranes and related machinery.
6. Warehousing and Storage: Storage services with over 140 acres of outside storage and 350,000 sqft of indoor storage available.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Gatwood Crane Service provides crane rental with a fleet of over 800 cranes ranging from 2.2 ton to 1,500 tons, complemented by specialized heavy hauling, contract rigging, machinery moving, construction hoist rentals, rigging tackle equipment, and warehousing (over 140 acres of outdoor storage and 350,000 sqft of indoor storage). Operating as part of the Bay Crane Companies network across 14 locations, the company delivers project-based lifting, rigging, and transportation solutions to construction, industrial, and infrastructure clients in the Midwest and Mid-Atlantic United States.

Product overview

Gatwood Crane Service is part of the Bay Crane Companies family (Capital City Group) and operates as a crane service company serving the Midwest and Mid-Atlantic regions. The company operates under the Bay Crane Midwest umbrella, which provides a comprehensive portfolio of crane rental services (over 800 cranes from 2.2 ton to 1,500 tons), heavy transport services (including SPMT, lowboys, and various trailer types), construction hoist rentals, and rigging tackle equipment. Additional services include warehousing (140+ acres outdoor, 350,000 sqft indoor), jack and slide systems, machinery moving, and new/used equipment sales. The offering is a multi-service portfolio combining equipment rental with specialized services (rigging, heavy hauling, project planning) to meet demanding lifting, rigging, and transportation challenges.

Differentiator

Problem solved

Functional benefit

Products and services

• Crane Rental Services Rental fleet of over 800 cranes ranging from 2.2 ton to 1,500 tons, including All Terrain Cranes, Boom Truck Cranes, Crawler Cranes, Industrial & Specialty Cranes, Rail Mounted Cranes, Rough Terrain Cranes, Self Erect Tower Cranes, Telescopic Crawler Cranes, and Truck Cranes. Offered to construction, industrial, and infrastructure clients across the Midwest and Mid-Atlantic.
• Heavy Transport Services Specialized heavy haul fleet including Self-Propelled Modular Trailers (SPMT), towed trailers, stretch trailers, lowboys, rear steer dollies, Dolly & Long Loads, Drop Deck, Dual Lane Systems, Extendable Trailers, Hydraulic Trailers, Jumper Bridges, Multimodal Transport, and Prime Movers & Tractors for oversized and overweight equipment transportation.
• Construction Hoist Rental Rental of Single Car and Dual Car construction hoist systems for vertical material and personnel handling on construction sites.
• Rigging Tackle Equipment Rental rigging tackle including Adjustable Boxes, Beam Clamps, Bundle Pullers, Cantilever Beams, Climbing Jacks, Electronic Remote Skidding Systems, High Lift Master Link Systems, Hydraulic Gantries, Hydraulic Skidding Systems, Hydraulic Turntables, Load Equalizing Triangles, Load Equalizing Rolling Blocks, Matting and Load Spreading, Pile Dampers, Rigger Forklifts, Slings & Shackles, Spreader Beams, and Strand Jacks.
• Warehousing and Storage Services Storage services for equipment and materials including over 140 acres of outside storage and 350,000 sqft of indoor storage capacity across the Bay Crane Midwest network.
• Contract Rigging and Machinery Moving Services Project-based contract rigging and machinery moving services for demanding lifting, rigging, and equipment relocation challenges in construction and industrial settings.
• Jack and Slide Systems Specialized jack and slide systems for skidding equipment that is not practical or safe to handle with cranes.
• New and Used Equipment Sales Sales of new and used construction equipment including cranes and related machinery.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Bay Crane CompaniescoreStrategic or Co-development PartnerGatwood Crane Service is listed as one of the Bay Crane Companies, a network of crane service companies including Bay Crane Mid-Atlantic, Bay Crane Northeast, Capital City Group, Chellino Crane, Cranes Inc, Crane Rental Company, and United Crane & Rigging. The partnership provides mutual support, shared resources, and coordinated service delivery across the Midwest and Mid-Atlantic regions.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• United Rentals: The largest equipment rental company in North America with a broad fleet spanning aerial, earthmoving, material handling, and crane categories. Comparable as a competitor for large enterprise crane and aerial lift rental accounts, though United Rentals' offering is far broader than Gatwood's crane-centric portfolio.
• Sunbelt Rentals: Second-largest North American equipment rental company with a substantial crane and lift fleet. Competes with Gatwood for general construction crane rental and is increasingly active in specialty heavy-lift segments through acquisitions.
• H&E Equipment Services: Integrated equipment sales, rental, and parts/service provider with cranes, aerial work platforms, and earthmoving fleet. Competes with Gatwood on crane and material handling rentals while also offering new equipment sales (a service line Gatwood also provides).

Direct peers

• Maxim Crane Works: One of the largest dedicated crane rental companies in the U.S., operating a nationwide fleet of lattice-boom crawler, hydraulic, and tower cranes. Closely comparable to Gatwood in business model (pure-play crane rental) and serves many of the same construction and industrial end markets.
• ALL Erection & Crane Rental: Major U.S. crane rental specialist with a large crawler, hydraulic, and tower crane fleet serving industrial, commercial, and infrastructure projects. Highly comparable to Gatwood in fleet breadth, customer profile, and project-based rental model.
• Bigge Crane and Rigging: Crane rental and rigging specialist with significant crawler crane fleet and heavy-haul capabilities. Directly comparable to Gatwood on crane rental, rigging services, and heavy-transport project execution.
• Barnhart Crane & Rigging: National crane, rigging, and heavy-haul services provider specializing in complex industrial lifts. Overlaps directly with Gatwood's contract rigging, machinery moving, and SPMT/heavy transport offerings.
• TNT Crane & Rigging: Crane rental and rigging services provider with a substantial fleet of hydraulic and crawler cranes serving industrial and energy customers. Comparable in fleet composition and customer segments, though with broader geographic spread.
• Lampson International: Specialized heavy-lift and crane rental company focused on large-capacity crawler cranes and engineered heavy transport. Comparable to Gatwood on the high-capacity end of the crane fleet and on heavy-haul / SPMT project work.

Regional players

• NES Rentals (Nesco Holdings): Equipment rental company with material handling and aerial fleet serving industrial and commercial customers across the U.S. Adjacent to Gatwood in fleet type and customer profile, though NES is less crane-specialized.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/gatwood_crane
• Facebookfacebook.com/gatwoodcrane

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gatwood Crane Service