Bishop Lifting Products, a portfolio company of Altamont Capital Partners, announced on October 3rd the completed acquisition of Silver State Wire Rope and Rigging, headquartered in Las Vegas, NV. Silver State was founded in 1991 with an initial focus on the mining, industrial, and construction sectors. Since then, the company has expanded to also become a leading supplier of rigging and safety critical equipment for the entertainment industry.
Silver State marks Bishop’s ninth acquisition since 2012 and is part of Bishop’s ongoing strategy to become the country’s leading provider of lifting products and services. Through scale and an expanding geographic scope, Bishop will be able to deliver even greater service and lifting solutions to customers. Including Silver State, Bishop has 28 locations across the country offering a full line of lifting products and services. Following the closing, Pete Rogers will continue in his leadership role as General Manager over Silver State with Andrew Rogers serving as Operations Manager.
“We’re excited to continue our growth through acquisitions under our partnership with Altamont Capital,” said Harold King, President of Bishop Lifting Products. “Silver State has built a reputation as a trusted partner to mining and entertainment customers in Nevada and across the nation. We look forward to working with Pete, Andrew, and the Silver State team as we continue to build out our national footprint while remaining focused on high-quality products and customer service.”
“Silver State is a business that has focused on the development, and at times, customization of our offerings as we serve the current and developing needs of our markets,” said Pete Rogers of Silver State. “I am personally very excited about working with the Bishop team as their national reach and breadth of products and services will further strengthen our ability to serve our markets and customers.”