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
Completed February 2025
Completed October 2025
Completed October 2025
Completed July 2026
Completed April 2023
Completed September 2022
Completed February 2023
Completed September 2022
Completed February 2025
Completed October 2025
Completed October 2025
Completed July 2026
News
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”)...