Ironwood Capital and Tenaz Capital Invest in Tracked Lifts

Ancor Capital Partners Invests in Mid-West Textile

May 9, 2022

Environmental Services

Ancor Capital Partners has entered a partnership with Mid-West Textile, a leading textile recycling, grading and resale business headquartered in El Paso, Texas. The transaction closed April 20, 2022 (terms undisclosed); Ironwood Capital provided subordinated debt financing and co-invested equity to support the deal. Mid-West plans to vertically integrate its supply chain by acquiring collection operations and expanding sales channels to scale its grading and export business.

Lou-Tec Acquires Torcan Lift Equipment

October 11, 2023

Industrial Services

Lou-Tec, a Quebec-based heavy machinery and equipment rental company, has acquired Torcan Lift Equipment, an Ontario specialist in aerial lift sales, rental and maintenance. The deal expands Lou-Tec's presence into Ontario, adds Torcan's fleet and teams to Lou-Tec's network, and is supported by Lou-Tec's private equity backers to accelerate growth and geographic expansion.

TowerBrook Capital Partners Acquires Majority Stake in LiftWerx

June 17, 2024

Renewable Energy

TowerBrook Capital Partners has made a majority equity investment in LiftWerx Holdings Inc., a Canada-based provider of turnkey operations and maintenance (O&M) services to the onshore wind industry. The investment — the third for TowerBrook Delta, the firm’s impact strategy — will support LiftWerx’s fleet expansion, hiring and service-capability growth across North America.

American Pacific Group Invests in ServerLIFT

January 21, 2025

Manufacturing

An affiliate of private equity firm American Pacific Group has made a strategic investment in ServerLIFT, a Phoenix-based manufacturer of material handling and lifting equipment for data centers. The investment is being done in partnership with Ray and David Zuckerman and will support accelerated growth, expanded manufacturing capabilities, and next-generation product development.

Able Equipment Rental Acquires Assets and Operations of Mobile Lifts

July 13, 2018

Construction

Able Equipment Rental has purchased the aerial equipment assets and service operations of Mobile Lifts of Norristown, Pennsylvania. Mobile Lifts will operate as Able's newest branch (its fifth), with most staff retained and operations positioned to serve the King of Prussia and greater Philadelphia region.

Renovo Capital Invests in Reynolds Lift Technologies

January 20, 2022

Oil & Gas

Renovo Capital has made a growth equity investment in Reynolds Lift Technologies alongside the Company's founders, Edward Curt and Kyle Meier. The capital will support Reynolds' engineering and manufacturing of permanent magnet motor (PMM) artificial lift equipment aimed at improving production capacity and energy efficiency for oil and gas operators, particularly in the Permian Basin.