How Much Did LGH US Raise?
Funding & Key Investors

LGH US has solidified its standing as a dominant force in the industrial equipment sector, recently securing a major strategic investment of $2M. This capital injection brings the firm's total cumulative financing to $2M, underscoring its long-term trajectory in the heavy-lifting and rigging market. By leveraging this influx of resources, the organization is positioned to further scale its operational footprint across the United States, reinforcing its commitment to providing specialized hoisting and material handling solutions for complex infrastructure projects.

What is LGH US?

LGH US
RetailOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)Car & Truck Rental

Founded in 1990, LGH US operates as the largest single organization in the country dedicated exclusively to the rental and sale of lifting and moving equipment. The company maintains a comprehensive inventory of hoisting, pulling, jacking, and rigging hardware, serving as a critical supply chain partner for industrial, construction, and safety-critical sectors. With a business model centered on immediate availability and rigorous safety standards, LGH US has successfully differentiated itself from generalist equipment rental firms. Its market position is defined by deep technical expertise and a specialized focus on high-stakes material handling, ensuring that clients across the nation have access to reliable, certified equipment for demanding operational environments.

How much funding has LGH US raised?

LGH US has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in LGH US

PPP

Public-Private Partnership

What's next for LGH US?

With the recent infusion of capital, LGH US is expected to prioritize the expansion of its rental fleet and the enhancement of its digital logistics capabilities. As the company transitions into this next phase of growth, strategic focus will likely shift toward optimizing regional distribution hubs to reduce lead times for critical infrastructure support. Furthermore, the firm is well-positioned to capitalize on the increasing demand for specialized rigging equipment in the renewable energy and large-scale civil engineering sectors. By maintaining its 'Safety First' mandate while scaling its asset base, LGH US aims to fortify its competitive moat and sustain its leadership in the industrial equipment rental landscape.

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Frequently Asked Questions Regarding LGH US Financial Insights

What are the most recent funding rounds that LGH US has completed, and what were the funding rounds?
LGH US has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding LGH US has raised to date?
LGH US has raised a total of $2M in funding to date.
How many funding rounds has LGH US completed?
LGH US has completed 1 funding rounds.
How much funding did LGH US raise in its most recent funding round?
LGH US raised $2M in its most recent funding round.
Who are the lead investors in LGH US's latest funding round?
The lead investor in LGH US's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LGH US's history?
The largest funding round in LGH US's history was $2M.
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