AIP
Let’s build something together
American Infrastructure Partners (“AIP”) is a family-owned and operated investment firm founded by industry executives George and Sarah McMahon. Our mission is to invest in and build exceptional companies in the infrastructure equipment and services industry. We pride ourselves in partnering with ambitious business owners and management teams to provide capital and operational resources to grow existing business segments, acquire new ones, and explore new business opportunities. Our team’s combined 50+ years of experience and successful track record in the industry makes us an ideal partner for business owners looking to take their company to the next level.
Our Story
George McMahon has been an entrepreneur in the infrastructure equipment and services industry for his entire life. Prior to founding AIP with his wife Sarah, George was the CEO and Founder of Utility Fleet Sales, a full-service company providing equipment sales, rental, remanufacturing, and service to the North American utility and infrastructure industry. George founded Utility Fleet in 2005 with a $10,000 credit-card advance and a dream to build the largest independent bucket truck dealer in the country. Ten years later he realized this dream and sold his company to Blackstone, the world's largest private equity firm, for over $100 million. At the time of sale, the company was doing business in all 50 States and 26 countries globally.
With AIP, George and his team are on a mission to help other business owners replicate this success.
Working with AIP
Our experience, capital, and network of resources enable us to provide significant value to our partners and help accelerate growth in our businesses.
Our differentiators include:
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Deep industry expertise and extensive network of advisors to support our businesses
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Permanent family capital base allows us to focus on long-term value creation.
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We invest our own money, which allows for quick and efficient decision making
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Flexibility with respect to transaction structure
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Ability to invest substantial capital into businesses over time
Our Strategy
We target investments in the following sectors:
- Specialty equipment manufacturing
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Equipment rental, sales, and service
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Critical utility and infrastructure services
Our investments typically have the following characteristics:
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Best-in-class management teams with aligned interests
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$10-100 million of annual revenue
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The potential for long-term, profitable growth
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Fragmented industry with opportunity for acquisitions and consolidation
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Majority investments, or minority investments with a meaningful voice of influence
Our Team
George McMahon
CEO
Mr. McMahon has over 18 years of experience in the Utility & Heavy Equipment industry. Mr. McMahon received numerous recognition and awards as a leading Account Executive for Altec Industries, the world’s largest manufacturer of utility construction equipment, before founding Utility Fleet Sales in 2005. While attending the University of Nebraska, Mr. McMahon was selected to study at Oxford University, Oxford, England on an International Business/Economics Scholarship. After completing his scholarship term at Oxford, he returned to the University of Nebraska where he earned his B.S. in Agricultural Business. Mr. McMahon is recognized in the Utility Equipment industry for his exceptional ability to recognize market needs and trends, cutting-edge marketing strategies, and his ability to build and maintain profitable business relationships. Mr. McMahon sold the Utility Fleet Group of companies (Utility Fleet Sales, Utility Fleet Rental, and Utility Fleet Transport) in 2015 to The Blackstone Group (NYSE: BX). Mr. McMahon has founded 7 companies during the past 15 years, while continuing to operate two, five companies have been sold, for a cumulative total well into the nine figures. All have produced triple digit percentage ROI.
Sarah McMahon
CFO
Mrs. McMahon has accumulated 15 years of Business/Economics experience in both management and analysis. After receiving her B.S. in Agricultural Business from the University of Nebraska, Mrs. McMahon became an Economist/Quantitative Analyst for the Center for North American Studies (CNAS) at Texas A&M University. During her tenure at CNAS, Mrs. McMahon managed numerous work-groups who earned awards for economic analysis. Mrs. McMahon completed her M.S. in Agricultural Economics at Texas A&M, and began working towards her Ph.D. in Agricultural Economics. Due to the rapid growth of Utility Fleet Sales Mrs. McMahon left the Ph.D. program in 2006 to become the CFO, and was an active member of the Utility Fleet Management Team, participating in strategic planning, financial analysis, and financial oversight roles prior to the sale of the company in 2015 to The Black Stone Group (NYSE: BX).