Ascent Lifting Acquires Charleston's Rigging & Marine Hardware
February 3, 2025
Ascent Lifting, a portfolio company of Shorehill Capital, completed the acquisition of Charleston's Rigging & Marine Hardware (CRMH) on February 3, 2025. The add-on expands Ascent's footprint into South Carolina with two full-service branches (North Charleston and Columbia) and adds fabrication, load-testing and crane-service capabilities.
- Buyers
- Ascent Lifting, Inc., Shorehill Capital LLC
- Targets
- Charleston's Rigging & Marine Hardware (CRMH)
- Sellers
- Skip Sawin, Jessica Sage
- Platforms
- Ascent Lifting, Inc.
- Industry
- Industrial Services
- Location
- South Carolina, United States
- Transaction Type
- Addon
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