Pacific Avenue Capital Partners Acquires Columbus McKinnon Power Chain Hoist and Chain Business, Launching Stuart Rush

Columbus McKinnon to Acquire Kito Crosby; Announces Sale of U.S. Power Chain Hoist and Chain Manufacturing Operations to Pacific Avenue Capital Partners

January 14, 2026

Industrial Services

Columbus McKinnon reiterated that it expects to close its previously announced acquisition of Kito Crosby in the first quarter of calendar year 2026 while working through U.S. DOJ antitrust review. To help simplify the combined portfolio and reduce debt, it also entered into a definitive agreement to divest its U.S. power chain hoist and chain manufacturing operations from its Damascus, Virginia and Lexington, Tennessee facilities to an affiliate of Pacific Avenue Capital Partners for $210 million plus up to $25 million in earn out.

Columbus McKinnon Completes Acquisition of Kito Crosby

February 4, 2026

Industrial Services

Columbus McKinnon Corporation has completed its acquisition of Kito Crosby Limited in an all-cash transaction. The combined company expects to scale lifting solutions globally and deliver $70 million of expected net annual run-rate cost synergies, with potential revenue synergy upside.

Rotunda Capital Partners Forms American Equipment Holdings by Combining American Equipment, Pacific Crane & Hoist and Allied Crane

June 10, 2021

Industrial Services

Rotunda Capital Partners has partnered with the management teams of American Equipment, Pacific Crane & Hoist and Allied Crane to form American Equipment Holdings, a consolidated overhead crane and hoist solutions platform serving the Western United States. Patriot Capital provided a debt and equity co-investment; management (including Adam Zimmerman, Michael Perera and Dave Costa) retains equity and operational roles while the combined company operates 14 locations and serves over 2,000 customers across eight states.

American Equipment Holdings Acquires Washington Crane & Hoist

November 9, 2021

Industrial Services

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Washington Crane & Hoist, a provider of overhead crane maintenance, repair and overhaul (MRO) services in the Pacific Northwest and Alaska. The add-on expands American Equipment's geographic footprint and service capabilities, reinforcing its position as a leading overhead crane and hoist solutions provider in the U.S.

TZP Group Leads Majority Recapitalization of Head Rush Technologies

January 17, 2024

Manufacturing

TZP Group has led a majority recapitalization of Head Rush Technologies, partnering with management and existing shareholders; Pike Street Capital completed the sale of its stake. Head Rush, headquartered in Louisville, Colorado, is a global manufacturer of climbing and adventure-safety equipment (notably the TRUBLUE auto belay) and will partner with TZP to fund new product introductions, international expansion and entry into new end markets.

Hillman Solutions Acquires Koch Industries (rope & chain supplier)

February 2, 2024

Consumer Products

Hillman Solutions Corp. acquired Koch Industries, Inc., a Minneapolis-based provider and merchandiser of rope, twine, chain, wire rope and related hardware products. The bolt-on acquisition expands Hillman's product portfolio into the rope and chain category and enables cross-selling and sourcing/shipping efficiencies with Hillman's existing distribution network.