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Bishop Lifting Products Acquires Westech Rigging Supply And Expands Northwest Footprint

Oct 05, 2022•about 3 years ago

Acquiring Company

Bishop Lifting

Acquired Company

Westech Rigging Supply

mining & metals

Description

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.

Company Information

Company

Bishop Lifting

Location

2301 Commerce St

About

Founded in 1984, Bishop Lifting is one of the largest providers of wire rope, slings, rigging, and related safety-critical products in the United States. Bishop's dedicated employees help leading companies across all industries solve their lifting and industrial needs. With 45 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, Certified Slings and Supply and now General Work Products.

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M&A Insights

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Integration timeline
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Tech stack consolidation
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Post-acquisition investment
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Success factor
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