News

Houston, TX – December 13, 2022 – Bishop Lifting, a portfolio company of Altamont Capital Partners, announced today the completed acquisition of Worswick Group Holdings, with ten operating locations across Florida. Founded in 1958 as Certified Slings and Supply, the business has grown under the leadership of the Worswick family to include Bubba Off-Road Recovery Gear, Florida Wire & Rigging Supply, Secured Global, and Academy Training Center and serve customers across Florida, the United States, and internationally.

Worswick Group marks Bishop’s eleventh acquisition since 2012 and is the fourth add-on acquisition since Altamont acquired the platform in February 2022. This acquisition of well-run companies is in line with Bishop’s ongoing strategy to enhance its offerings and scale in order to become the country’s leading provider of lifting products and services. While the company recently announced its rebranding to Bishop Lifting, Certified Slings and Supply will maintain its local branding.

“We’re excited to continue our growth through this acquisition of a company that contributes great people and culture, as well as establish a physical presence in the Florida market,” said Harold King, President of Bishop Lifting. “Doug and his team have built a reputation for exceptional customer service across a number of end markets including the entertainment and mining industries. We look forward to building on their success as we continue to expand our national footprint to serve customers locally with our deep industry knowledge and high-quality products.”

“We look forward to partnering with Bishop to build upon the foundation that my family has solidified over decades,” said Doug Worswick, prior Worswick Group Holdings owner who accepted a leadership role at Bishop Lifting in conjunction with the closing. “At our core is a culture of service, quality and teamwork and we are honored to become part of the team that was founded by David Bishop, whose passion for serving his team and customers clearly carries on through Bishop Lifting’s leadership today.”

About Bishop Lifting

Founded in 1984, Bishop Lifting is one of the largest providers of wire rope, slings, rigging, and related products in the United States. Bishop’s dedicated employees help leading companies across all industries solve their lifting and industrial needs. With 40 branches located strategically across the country, customers have the advantage of accessing Bishop’s large breadth of products from any location. In November 2022, Bishop Lifting Products rebranded the company and its subsidiaries as Bishop Lifting. The Bishop Lifting brands include Matex, American Wire Rope & Sling, LA Crane, Delta Rigging & Tools, and Western Sling. Bishop Lifting Rentals includes Delta Rigging & Tools and Morgan City Rentals. Bishop Lifting’s other family of brands are comprised of All-Lifts, Wood’s Logging, Silver-State Wire Rope, Westech Rigging, and Certified Slings and Supply.

About Altamont Capital Partners

Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential.

Media Contact:

David Moseley “Mo”

VP Sales & Marketing

Bishop Lifting

125 McCarty Dr.

Houston, TX  77029

(713) 674-2266 O

(713) 671-7803 D

(713) 702-4563 C

david.moseley@lifting.com

www.Lifting.com

Houston, TX – October 4, 2022 –Bishop Lifting Products, a portfolio company of Altamont Capital Partners, announced today the completed acquisition of Westech Rigging Supply, with locations in Eugene and Salem, OR. Founded in 1956, Westech has been family owned and operated by the Anderson family, serving customers throughout Oregon with an online presence that serves customers across the country. Following the closing, current Westech owner Nick Anderson will assume a leadership role at Bishop Lifting Products.

Westech marks Bishop’s tenth acquisition since 2012 and is part of Bishop’s ongoing strategy to become the country’s leading provider of lifting products and services. Including Westech, Bishop provides the scale and footprint of 30 locations across the country.
“We’re excited to continue our growth through acquisition as we reach the milestone of 30 locations to serve our customers,” said Harold King, President of Bishop Lifting Products. “Westech expands on our service of the logging, utility, and related industries in the Northwest. We look forward to working with Nick and the Westech team as we continue to build out our national footprint to serve customers locally with our deep industry knowledge while providing our high-quality products to customers throughout the country via our online platforms.”

“We are excited to join Bishop to continue the work that my family has been doing for more than 65 years,” said Nick Anderson of Westech and newly appointed Director of Ecommerce for Bishop Lifting. “Bishop provides the reach to best serve our nationwide online customer base while also expanding our product and service offerings locally.”

About Bishop Lifting Products, Inc.

Founded in 1984, Bishop Lifting Products, Inc. (BLP) is one of the largest providers of wire rope, slings, rigging, and related products in the United States. Bishop’s dedicated employees help leading companies across all industries solve their lifting and industrial needs. With 30 branches located strategically across the country, customers have the advantage of accessing Bishop’s large breadth of products from any location. In addition to Bishop, the BLP family of brands includes Delta Rigging and Tools, Morgan City Rentals, Matex, Woods Logging, American Wire Rope and Sling, Western Sling, Louisiana Crane, All-Lifts, and Silver State.

About Altamont Capital Partners

Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential.

 Media Contact:

David Moseley “Mo”

VP Sales & Marketing

Bishop Lifting Products, Inc.

125 McCarty Dr.

Houston, TX  77029

(713) 674-2266 O

(713) 671-7803 D

(713) 702-4563 C

david.moseley@lifting.com

www.Lifting.com

Houston, TX – October 3, 2022 – Bishop Lifting Products, a portfolio company of Altamont Capital Partners, announced today 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.”

About Bishop Lifting Products, Inc.

Founded in 1984, Bishop Lifting Products, Inc. (BLP) is one of the largest providers of wire rope, slings, rigging, and related products in the United States. Bishop’s dedicated employees help leading companies across all industries solve their lifting and industrial needs. With over 25 branches located strategically across the country, customers have the advantage of accessing Bishop’s large breadth of products from any location. In addition to Bishop, the BLP family of brands includes Delta Rigging and Tools, Morgan City Rentals, Matex, Woods Logging, American Wire Rope and Sling, Western Sling, Louisiana Crane, and All-Lifts.

About Altamont Capital Partners

Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential.

Media Contact:

David Moseley “Mo”

VP Sales & Marketing

Bishop Lifting Products, Inc.

125 McCarty Dr.

Houston, TX  77029

(713) 674-2266 O

(713) 671-7803 D

(713) 702-4563 C

david.moseley@lifting.com

www.Lifting.com

Houston, TX – August 1, 2022 – Bishop Lifting Products, a portfolio company of Altamont Capital Partners, announced today the completed acquisition of All-Lifts, Inc., headquartered in Albany, New York. All-Lifts was founded in 1966 and has been owned and operated by the Dewey family since 1978. Since then, the company has grown into a leading fabricator of wire rope slings, synthetic slings, alloy chain slings, and below-the-hook lifting devices. Following the closing, Brian Dewey will assume a leadership role at Bishop Lifting Products.

All-Lifts marks Bishop’s eighth acquisition since 2012 as part of Bishop’s ongoing strategy to build the company into the country’s leading provider of lifting products and services. Through scale and an expanding geographic footprint, Bishop will be able to deliver even greater service and lifting solutions to customers. Including All-Lifts, Bishop has 26 locations across the country offering a full line of lifting products and services. All-Lifts will continue to operate with its full workforce.

“We’re excited about our first acquisition with our new partner Altamont Capital and to continue our successful strategy of building Bishop through acquisitions and sound business strategies,” said Harold King, President of Bishop Lifting Products. “All-Lifts has a rich history as a family-owned and -operated business and we are proud to welcome Brian Dewey into the Bishop Lifting family, working with him to continue his family’s legacy and leaning on him and his team to help fuel the growth of our combined platform. All-Lifts will be a great addition to our footprint in New York and the Northeast as we continue to build out our national footprint and continue our focus on high-quality products and customer service.”

“All-Lifts is a family business at its core and we are excited to join Bishop to continue the work we’ve been doing for decades,” said Brian Dewey of All-Lifts and newly appointed Northeast Regional Vice President for Bishop Lifting. “Bishop is a great home for All-Lifts and we are confident that they will be a great steward of our family’s legacy. We will be even stronger as part of the Bishop team and look forward to accessing their national reach and broad set of products and services to better serve our current customers and add new customers.”

About Bishop Lifting Products, Inc.

Founded in 1984, Bishop Lifting Products, Inc. (BLP) is one of the largest providers of wire rope, slings, rigging, and related products in the United States. Bishop’s dedicated employees help leading companies across all industries solve their lifting and industrial needs. With over 25 branches located strategically across the country, customers have the advantage of accessing Bishop’s large breadth of products from any location. In addition to Bishop, the BLP family of brands includes Delta Rigging and Tools, Morgan City Rentals, Matex, Woods Logging, American Wire Rope and Sling, Western Sling, and Louisiana Crane.

About Altamont Capital Partners

Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential.

Palo Alto, CA – Altamont Capital Partners (Altamont) today completed its acquisition of Houston-based Bishop Lifting Products, Inc. (BLP) – a market-leading, value-added distributor of lifting products and solutions –from SBP Holdings. The transaction encompasses the entire BLP business.

Altamont’s approach is to invest in companies with strong business models and great teams that have opportunities for tremendous growth. Altamont has extensive experience partnering with middle-market companies like BLP, supporting management, and providing resources to enable them to grow and succeed.

 “We are thrilled to join with the BLP team to solidify their position as a leading value-add distributor of lifting and rigging products and position the company for near- and long-term success,” said Randall Eason, Managing Director at Altamont. “As a market leader with a strong core product and service offering, a track record of successfully integrating prior acquisitions, and a world-class team, the partnership between BLP and Altamont is a great fit.”

 “We are excited by this partnership and look forward to working with Altamont to strengthen and grow our business,” said Harold King, CEO of BLP. “We are in a great position to build and improve upon the areas of our business that are already thriving as we continue to provide excellent service and products for all of BLP’s clients.”

 As part of the transaction, King will continue as CEO of BLP going forward and BLP will retain all its current employees.

 “The partnership between Altamont and BLP will allow us to build from the robust foundation that has already been laid by Harold and the rest of the team. We’re excited to support BLP’s current operations while also looking to grow stronger through adding new customers, end markets, and capabilities, including through the pursuit of strategic acquisitions,” added Chase Beeler, Principal at Altamont.

 About Bishop Lifting Products, Inc.

Founded in 1984, Bishop Lifting Products, Inc. (BLP) is one of the largest providers of wire rope, slings, rigging, and related products in the United States. Bishop’s dedicated employees help leading companies across all industries solve their lifting and industrial needs. Presently, there are 26 strategic branches located across the country that allow customers to have the advantage of accessing Bishop’s large breadth of products from any location. In addition to Bishop, the BLP family of brands includes Delta Rigging and Tools, Morgan City Rentals, Matex, Woods Logging, American Wire Rope and Sling, Western Sling, and Louisiana Crane.

 About Altamont Capital Partners

Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.0 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential. The firm’s principals have significant experience building business success stories across a range of industries, including consumer, restaurant & multi-unit, financial services, healthcare, industrials, and business services.

 Media Contact:

Greg Blair

greg@narrativedc.com

(562) 714-2526