What is LGH US?
Founded in 1990, Lifting Gear Hire (LGH) stands as the United States' largest entity dedicated exclusively to the rental and sale of lifting and moving equipment. The company offers a comprehensive suite of hoisting, pulling, jacking, rigging, material handling, and safety equipment, all available for immediate and secure deployment. LGH's core mission revolves around providing expert services in the rental of the safest and most reliable hoisting and rigging equipment, contributing to infrastructure development across America. Their commitment to safety is paramount in their operations.
How much funding has LGH US raised?
LGH US has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in LGH US
PPP
Public-Private Partnership
What's next for LGH US?
The substantial enterprise-level funding context surrounding LGH US suggests a company poised for significant operational expansion or strategic acquisitions. This level of investment typically signals confidence from financial backers in the company's long-term viability and market leadership. Future initiatives are likely to focus on enhancing their equipment fleet, expanding geographical coverage, and potentially integrating new technologies to further streamline operations and safety protocols within the industrial equipment rental sector. The strategic nature of the recent investment points towards partnerships or collaborations aimed at solidifying their market dominance.
See full LGH US company page
