HOUSTON, Aug. 3, 2022 /PRNewswire/ — Bishop Lifting Products, a portfolio company of Altamont Capital Partners, today announced it has completed the acquisition of Albany, New York-based All-Lifts, Inc.. All-Lifts, founded in 1966, has been owned and operated by the Dewey family since 1978. Since then the company has developed into a leading manufacturer of rope slings, synthetic slings, alloy chain slings and hook equipment. Following the transaction, Brian Dewey will assume leadership roles at Bishop Lifting Products.
All-Lifts marks Bishop’s eighth acquisition since 2012 and is part of Bishop’s ongoing strategy to grow the company into the nation’s leading provider of lifting products and services. Through scale and geographic expansion, Bishop will be able to provide customers with better lifting services and solutions. Including All-Lifts, Bishop has 26 offices across the country offering a full range of lift products and services. All-Lifts will continue to operate in full force.
“We are very excited about our first acquisition with new partner Altamont Capital and continue our successful strategy of building Bishop through acquisitions and a solid business strategy,” said Harold King, president of Bishop Lifting Products. family, we are proud to welcome Brian Dewey to the Bishop Lifting family, join him in the family legacy and rely on him and his team to help drive “the growth of our collaborative platform”. All-Lifts will be a great addition to our presence in New York and the Northeast as we continue to expand our presence in the country and continue to focus on high quality products and customer service. ”
“All-Lifts is a family business at its core and we are thrilled to be joining Bishop and continuing the work we have done for decades,” said Brian Dewey of All-Lifts and Bishop Lifting’s newly appointed Northeast Vice President . “Bishop is a great home for the All-Lifts and we believe they will be great guardians of our family heritage. We will grow even stronger by becoming part of the Bishop team and look forward to leveraging their national reach and wide range of products and services to better serve our existing customers and add new ones.”
Bishop Lifting Products, Inc. (BLP), founded in 1984, is one of the largest suppliers of steel ropes, slings, rigging and related products in the United States. Bishop’s dedicated employees help leading companies in a variety of industries solve their lifting and industrial challenges. With over 25 branches strategically located across the country, customers can access Bishop’s wide range of products from anywhere. In addition to Bishop, the BLP brand family includes Delta Rigging and Tools, Morgan City Rentals, Matex, Woods Logging, American Wire Rope and Sling, Western Sling, and Louisiana Crane.
Altamont Capital Partners is a private equity firm based in the San Francisco Bay Area with over $4.5 billion in assets under management. With a focus on investing in mid-sized businesses, Altamont is able to work with top management teams to help its portfolio companies reach their full potential.
Media contact: David Moseley “Mo” General Manager, Vice President, Vice President of Bishop Lifting Products, Inc. 125 McCarty Dr. Houston, TX 77029(713) 674-2266 O(713) 671-7803 D(713) 702-4563 C [email protected] www.Lifting.com
Post time: Aug-09-2022