Nov 18, 2019

Smith, Gambrell & Russell Represents Tecum Equity in Purchase of Pinnacle Cranes

Tecum Deal

ATLANTA (November 18, 2019) – Smith, Gambrell & Russell, LLP (SGR) is pleased to announce the firm served as legal counsel to Tecum Equity Partners (Tecum Equity) in its purchase of Pinnacle Cranes, a leading Link-Belt and Manitex dealer in North Carolina and South Carolina. In partnership with Western Allegheny Capital, LLC, Tecum Equity is a Pittsburgh, PA-based family office investment vehicle.

A division of CTE, Pinnacle Cranes is a crane service company offering crane solutions to all construction and construction related industries throughout the Carolinas and in Southeastern markets. The company will continue to operate as Pinnacle Cranes out of its current service facilities in Charlotte and Raleigh. A search is underway for a new headquarters to meet future market demands.

The SGR Atlanta Legal Team included Partner Tom Hong in the Mergers and Acquisitions Practice and Partner Brian Hall, head of the Finance, Banking and Restructuring Practice, along with Partner Nicholas Rueter and Associates Audria Crain, Nick Flint, and Heiko Gruenwald all of the Mergers and Acquisitions Practice. Phillip Hoover, Partner in the Atlanta Environmental and Sustainability Practice, Brandon Sherlinski, Partner in the Jacksonville Employee Benefits and Executive Compensation Practice, Matt Warenzak Partner in the Atlanta Intellectual Property Practice, and Matt Moore, Associate in the Atlanta Real Estate Practice also assisted.

About Tecum Equity
Western Allegheny Capital, LLC d/b/a Tecum Equity Partners (“Tecum Equity”) is a private family office investment vehicle, advised by Tecum Capital Management. Tecum Equity is focused on making control equity investments in middle-market companies with EBITDA ranging from $2 to $20 million. Tecum Equity seeks companies with an identifiable niche, a strong culture of customer service, and a history of long-term profitability. Tecum Equity is differentiated from traditional private equity by its intention to hold investments across multiple generations and longtime horizons. Please visit www.tecum.com for more information.

About Smith, Gambrell & Russell, LLP
SGR is a full service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The firm’s 250 attorneys provide legal counsel in more than 45 specialized practice areas, including aviation, corporate transactions, litigation, intellectual property, banking, real estate, construction, employment law, and employee benefits and executive compensation. Founded in 1893, SGR has offices in Atlanta; Austin; Jacksonville; London; Los Angeles; Miami; Munich; New York; Southampton, U.K; and Washington, D.C.


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