Circle 8 Crane Services has secured a recapitalization from Trive Capital, enabling growth and enhanced operational capabilities in the crane lifting services sector.

Target Information

Circle 8 Crane Services, founded in 2007 by brothers Phillip and Allen Bryson, is a prominent provider of operated and maintained crane lifting services across the oil and gas, commercial, and industrial sectors in the United States. Headquartered in Corpus Christi, Texas, the company has strategically expanded its footprint with locations throughout South Texas, West Texas, Houston, East Texas/Louisiana, and Oklahoma. Circle 8 is recognized for having developed strong customer relationships and is committed to improving its service offerings.

The company operates one of the largest fleets of mobile and all-terrain cranes in its service areas, complemented by a diverse range of auxiliary vehicles and equipment. This robust operational capability positions Circle 8 to effectively meet the demands of its expansive customer base, ultimately supporting its growth and service diversification.

Industry Overview

The crane services industry within the United States is intricately linked to the performance of key sectors such as oil and gas, construction, and industrial manufacturing. As these sectors experience fluctuations based on economic conditions, the d