Rotunda Capital Partners sells American Equipment Solutions
American Equipment Solutions, a Salt Lake City crane and below-the-hook equipment and MRO provider, was sold by Rotunda Capital Partners.
Rotunda Capital Partners, a lower middle-market private equity firm based in Bethesda, Maryland and Evanston, Illinois, announced the sale of American Equipment Solutions on November 10, 2026.
American Equipment Solutions was established in 1969 and is headquartered in Salt Lake City, Utah. Rotunda partnered with the company in May 2021.
Rotunda partner Ryan Aprill said the company completed 16 add-on acquisitions during the partnership and grew its topline sixfold to more than 40 locations. Tom Hoyer, CEO, will continue to lead the business with the existing management team.
Deal facts
- Target
- American Equipment Solutions
- Business
- Full-service provider of overhead crane and below-the-hook equipment and MRO solutions, with more than 40 locations
- Sponsor
- DFW Capital Partners
- Seller
- Rotunda Capital Partners
- Deal type
- Exit
- Headquarters
- Salt Lake City, Utah
- Status
- Completed
- Announced
- Tuesday, November 10, 2026
Sources
- Business WireNov 10, 2026
- Yahoo FinanceNov 10, 2026
- DFW Capital PartnersNov 10, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.