Chimney Rock Equity Partners Invests in Russell Equipment

September 10, 2026

Chimney Rock Equity Partners made a strategic investment in Russell Equipment, a Twinsburg, Ohio-based provider and remarketer of off-lease material handling equipment, components, and services. Russell’s founder Mike Russell will remain involved as a board member, while Jeff Stone will continue as CEO; the parties cited plans to pursue growth through organic expansion and acquisitions.

Targets
Russell Equipment, Inc.
Sellers
Russell family
Location
Ohio, United States
Transaction Type
Buyout

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