Atlas Crane Service, a full-service crane rental company that primarily serves the wind industry, has announced that a fund managed by Ares Management (Ares) has acquired a controlling interest in the company.
Founded in 2009 and headquartered in Aurora, Illinois, USA, Atlas is a full-service crane rental provider offering turnkey maintenance, repair, and overhaul solutions. Atlas’ executive management team, led by Zach Prentis, Chief Executive Officer, will continue to manage the company. Terms of the transaction were not disclosed.