September 18, 2020

British spider crane rental company A Mini Crane Hire was taken over by entrepreneur Mark Davenport from owners Pete Piekarus and Anthony Travis in a seven-figure business.

A Mini Crane Hire was founded in 2009 and operates a fleet of around 90 machines, including 50 spider cranes, a mini crawler and 2-ton pick-and-carry cranes. In addition, there are glass handling devices, robots and other devices from locations in London and Liverpool with 33 employees. Total assets, according to the latest accounts, were £ 2.74 million – or £ 1.34 million net.

Davenport, a qualified engineer, was named director of the company earlier this year and has ambitious growth plans for the next four to five years. This includes expanding operations – possibly with additional branches – building a strong management team and investing £ 1.5m in modernizing the existing fleet. This is already underway and is introducing new equipment at the same time, including nine all-electric spider cranes.

The new owner of A Mini Crane Hire, Mark Davenport (L) with retired owner Peter Piekarus

Davenport said: “The company has struggled through the lockdown, sales are now back where they should be and annual sales are still expected to be in excess of £ 5 million. The company has hired two new highly qualified sales people and a new manager for the Liverpool depot. “

“A Mini Crane Hire is a very knowledgeable company with a good reputation in the market. We have a highly skilled, experienced and knowledgeable team that are passionate about safety, customer service and getting the job done. My vision is to build on that , continue to strengthen the team, invest in sales and marketing communications, expand the fleet, and improve our information flow and communications to drive growth.

“We remain fully committed to sustainability and will continue to make incremental changes that serve our community and the planet. Against this background, we will be welcoming nine new electrically powered cranes and our first electric car to the fleet this year. ”For one of our new sales employees. As part of this investment, we are also in the process of modernizing the existing fleet to ensure that we maintain the high standard of service for which we are known. 2021 will be very interesting. “

Prior to the acquisition, Davenport owned and ran the polyethylene converter Flextex, which joined the company in 2008 and bought it from the founders the following year. Last year he sold the business to the two key managers as part of a management buy-out deal.

He also served as Managing Director of SGB Rovacabin for a year after joining the company that makes private label diapers for supermarkets in 2007 from a position similar to Arquest