February 1, 2018—Houston, Texas

SBP Holdings is pleased to announce the appointment of Pete Haberbosch as company President. Due to this, he will be replacing Don Fritzinger, who will remain as CEO of the organization. Haberbosch joined the Singer Equities business vertical in 2014 as a Vice President of their Hampton Rubber and Summers Rubber businesses. Later, he was named a Vice President of Business Development for SBP Holdings. Furthermore, in this new role, Haberbosch will continue in the strategic acquisition pipeline development. In addition, he will also continue marketing efforts supporting the organic and acquisition growth of both business verticals. Prior to joining Singer, Haberbosch held a number of management roles for the Gates Corporation and Fenner.

Fritzinger commented “Pete brings a great deal of energy and diverse skill sets from his background in the […] industry over the past 25 years. Pete will help create a dynamic leadership team. This is alongside Sam Petillo, President of Singer Equities, Harold King, President of Bishop Lifting, and Craig Osborne, SPB Holdings Group CFO.”

Singer Equities specializes in industrial hoses, hydraulic hoses, conveyor belts, and gasket material fabrication and services. Whereas, Bishop Lifting is engaged in the fabrication, distribution, and rental of wire rope and rigging products and services. Ultimately, the combined entity has 58 locations throughout North America with over 1050 employees.

More information on the companies can be found at www.sbpholdings.com, www.singerequities.com, and www.lifting.com.