M&A Deal Summary

Bishop Lifting Products Acquires Silver State Wire Rope and Rigging

On October 4, 2022, Bishop Lifting Products acquired distribution company Silver State Wire Rope and Rigging

Acquisition Highlights
  • This is Bishop Lifting Products’ 1st transaction in the Distribution sector.
  • This is Bishop Lifting Products’ 3rd transaction in the United States.
  • This is Bishop Lifting Products’ 1st transaction in Nevada.

M&A Deal Summary
Date 2022-10-04
Target Silver State Wire Rope and Rigging
Sector Distribution
Buyer(s) Bishop Lifting Products
Deal Type Add-on Acquisition

Target

Silver State Wire Rope and Rigging

Las Vegas, Nevada, United States
Silver State Wire Rope and Rigging is a supplier of rigging and safety critical equipment for entertainment, mining, industrial, and construction sectors. Silver State Wire Rope and Rigging is based in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Bishop Lifting Products

Houston, Texas, United States
Category Company
Founded 1984
Sector Machinery
DESCRIPTION

Bishop Lifting Products is a fabricator and distributor of products, services, and lifting solutions for crane, rigging, marine, and oilfield applications. Bishop Lifting Products was founded in 1984 and is based in Houston, Texas.

DEAL STATS #
Overall 3 of 5
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 3 of 5
State (Nevada) 1 of 1
Country (United States) 3 of 5
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-03 All-Lifts

Albany, New York, United States

All-Lifts engages in fabrication of wire rope slings, synthetic slings, alloy chain slings, and below-the-hook lifting devices. All-Lifts was founded in 1966 and is based in Albany, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-05 Westech Rigging Supply

Salem, Oregon, United States

Westech Rigging Supply is specializing in rigging and wire rope sales to loggers and those in the timber industry. Westech Rigging Supply is based in Salem, Oregon.

Buy -
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