Ascent Lifting, Inc. (“Ascent”), a portfolio company of Shorehill Capital (“Shorehill”), announced that it completed the acquisition of Brevard Rigging (“Brevard”) on October 6, 2025. This marks the fourth acquisition for Ascent, a leading value-added distributor and fabricator of lifting and rigging products with 41 locations nationwide.
Brevard is a Cocoa, Florida-based supplier of industrial rigging equipment and services direct to end users. They cover a variety of end markets, most notably space exploration. This acquisition strengthens Ascent’s presence in Florida and builds on the recent momentum of other branches in the area.
“We’re pleased to welcome Brevard into the Ascent Lifting family,” said Dee Schweigert, CEO of Ascent Lifting. “This strategic partnership expands our geographic reach and enhances our ability to deliver exceptional solutions to customers throughout Florida. As we continue to build scale and capability across key regions, Brevard exemplifies the type of high-performing organization we’re proud to partner with.”
“We’re thrilled to join the Ascent Lifting family,” said Ralph Cornelius, CEO of Brevard. “Their focus on people, operational excellence, and long-term partnerships aligns perfectly with our approach. We’re eager to work alongside the Ascent and CERTEX teams to build on our shared foundation of quality and service.”
Robert Jackson, Managing Director at Shorehill, said, “We’re proud to add Brevard to the Ascent platform. Their reputation speaks for itself, and we look forward to a strong partnership.”
Fredrikson & Byron and Katten Muchin Rosenman LLP served as legal advisors to Shorehill and Ascent Lifting. Terms of the transaction were not disclosed.
About Ascent Lifting
Ascent Lifting is a full-service distributor and fabricator of lifting and rigging products including wire rope, chain, synthetic slings and other related hardware. Ascent Lifting is headquartered in Phoenix, AZ and has 41 locations throughout the United States. Ascent was formed through the combination of CERTEX USA, Advantage Sales & Supply, Susquehanna Wire Rope & Rigging and Cargo Control USA with the goal of building an industry leading supplier of rigging products and services throughout the United States. The long-term strategy is centered on building a strong culture, developing operational best practices to support future growth, and expanding Ascent Lifting’s geographic and product breadth both organically and through acquisition. For more information, please visit www.ascentlifting.com.
Ascent Lifting is actively seeking acquisitions. Business owners, executives, and M&A intermediaries are encouraged to contact Robert Jackson or Rob Hogan regarding acquisition opportunities.
About Shorehill Capital
Shorehill Capital LLC is a Chicago-based private equity firm with a passion for helping to create superior companies. Shorehill is focused on making control equity investments from its committed $260 million fund in North American engineered industrial products, industrial services, and value-added distribution companies with enterprise values ranging from $20 million to $150 million, and add-ons of any size. Shorehill seeks opportunities with differentiated business models where its experience, network, and investment management approach can have a significant impact on the performance of the business. For more than 30 years Shorehill’s partners have worked with middle market business leaders to accelerate growth and improve operational performance through structured investment management plans. For additional information, please visit www.ShorehillCapital.com.
