Ascent Lifting Acquires CERTEX USA

March 7, 2024

Ascent Lifting, a Shorehill Capital portfolio company, completed the acquisition of CERTEX USA, a Phoenix-based distributor and fabricator of lifting and rigging products. The deal — financed by Twin Brook Capital Partners and GMB Capital Partners — expands Ascent's geographic footprint and service capabilities across the U.S.; CERTEX CEO Dee Schweigert becomes CEO of Ascent.

Buyers
Ascent Lifting, Inc., Shorehill Capital LLC
Targets
CERTEX USA, Inc.
Platforms
Ascent Lifting, Inc.
Location
Arizona, United States
Transaction Type
Addon

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