Borgman Capital, a lower middle market private equity firm, announced the sale of its portfolio company Aerial Work Platforms Inc., an equipment rental company, to Herc Rentals.
Borgman Capital Acquires Aerial Work Platforms Inc.
Borgman Capital purchased Aerial Work Platforms Inc., a Wisconsin-based company specializing in renting, selling, and servicing aerial lift equipment.
December 18, 2020
Borgman Capital LLC.
Borgman Capital has acquired Aerial Work Platforms Inc. (AWP) from former owner and President Pat Barney. Founded in 1979, AWP is a Wisconsin-based company specializing in renting, selling, and servicing aerial lift equipment with a strong reputation for providing high quality equipment and outstanding customer service.
David Bartelme, managing director at Borgman Capital, commented, “Pat Barney built AWP through exceeding his customers’ expectations and creating a great place to work. We’re very excited to be a part of the future of AWP and continue Pat’s great work.”
Borgman Capital buys Aerial Work Platforms pehub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pehub.com Daily Mail and Mail on Sunday newspapers.
Borgman Capital acquires Sussex-based lift equipment company
Share
Aerial Lift Platforms headquarters in Sussex. Image from Google.
Milwaukee-based private equity firm Borgman Capital has acquired Aerial Work Platforms, Inc., a company specializing in renting, selling and servicing aerial lift equipment. “Pat Barney built AWP through exceeding his customers’ expectations and creating a…
Want to Read More?
, Inc., a company specializing in renting, selling and servicing aerial lift equipment.“Pat Barney built AWP through exceeding his customers’ expectations and creating a great place to work,” Borgman Capital managing director David Bartelme said in a statement. “We’re very excited to be a part of the future of AWP and continue Pat’s great work. Founded in 1979, Sussex-based AWP provides a variety of lifts, booms and related equipment to contractors and other customers. The company has over 60 SKUs and 1,600 pieces of equipment.AWP was the first authorized Geni