Altamont Capital Partners Acquires Bishop Lifting Products from SBP Holdings

March 22, 2022

Altamont Capital Partners completed the acquisition of Houston-based Bishop Lifting Products, Inc. (BLP) from SBP Holdings, acquiring the entire business and retaining BLP management. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support Altamont's purchase; Altamont plans to grow BLP as a platform through expanded customers, end markets, capabilities and strategic add-on acquisitions.

Buyers
Altamont Capital Partners, Stellus Capital Management, LLC
Targets
Bishop Lifting Products, Inc.
Sellers
SBP Holdings
Location
Texas, United States
Transaction Type
Buyout

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