ASCENT LIFTING
Founded in 2022, Ascent Lifting, Inc., in partnership with Shorehill Capital LLC, has become one of the largest suppliers of rigging products in the world. Ascent is a full-service distributor and fabricator of rigging and cargo control products, including chain, wire rope, synthetic slings, and other related hardware. Shorehill Capital recapitalized Advantage Sales & Supply and Susquehanna Wire Rope & Rigging in 2022 to form Ascent Lifting Holdings with the vision of building the leading value-added distributor of rigging products and services throughout the United States. Our long-term business strategy includes building a strong culture, expanding Ascent’s geographic footprint organically and inorganically and developing operational best practices to support future growth.
Acquired Entities
Completed April, 2023
Completed September, 2022
Completed February, 2023
Completed September, 2022
News
Ascent Lifting, Inc. Announces the Acquisition of CERTEX USA, Inc.
Ascent Lifting, Inc. (“Ascent”), a portfolio company of Shorehill Capital (“Shorehill”), announced that it completed the acquisition of CERTEX USA, Inc. (“CERTEX”) last year. This marks the second acquisition for Ascent, a leading value-added distributor and...
Ascent Lifting, Inc. Announces the Acquisition of Cargo Control USA
Ascent Lifting, Inc. (“Ascent Lifting”), a full-service distributor, wholesaler, and fabricator of lifting and rigging products, announced today that it completed the acquisition of Cargo Control USA (“Cargo Control” or the “Company”) on March 1, 2023. Cargo Control...
Shorehill Forms Rigging Products Distribution Platform
Shorehill Capital LLC (“Shorehill”), a Chicago-based private equity firm, has formed Ascent Lifting, Inc. (“Ascent Lifting” or the “Company”), which simultaneously completed the acquisitions of a majority interest in Advantage Sales & Supply Co., LLC (“Advantage”)...