Pacific Avenue to buy Columbus McKinnon’s U.S. power chain hoist, chain business

Pacific Avenue Capital Partners announced that an affiliate has entered into an agreement to acquire Columbus McKinnon (CMCO) Corporation’s U.S. based power chain hoist and chain business, including its international sales support functions. The transaction includes Columbus McKinnon’s complete portfolio of U.S. based power chain hoist and chain products, as well as its related aftermarket parts and components. This includes a portfolio of highly regarded brands including Lodestar and Lodestar ET, Budgit, Chester, Coffing, Cyclone, CM Puller, Powerstar, Prostar, Valustar, Shopstar, ShopAir, and BatteryStar, with strong positions across industrial, construction, defense, and entertainment end markets. The power chain hoist and chain product platforms primarily serve customers through a broad distributor network across North America, as well as internationally. As it transitions to a standalone business, the Company will operate with a renewed strategic and operational focus, prioritizing its employees and customers in the power chain hoist and chain market. With support from Pacific Avenue, the Company plans to increase investment in product innovation, supply chain resilience, and customer service. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions, including receipt of required regulatory approvals.