Pacific Avenue Capital Partners Acquires U.S. Power Chain Hoist and Chain Business

Pacific Avenue Capital Partners has completed the acquisition of the U.S. power chain hoist and chain business from Columbus McKinnon Corporation. This business will now operate as a standalone company named Stuart Rush, which signifies the linkage between its origin sites in Damascus, Virginia, and Lexington, Tennessee. The acquisition enhances Stuart Rush's portfolio, including brands like Lodestar® and Budgit®, catering to diverse markets such as defense and entertainment.

Stuart Rush will continue to operate its facilities in Virginia, Tennessee, and Pennsylvania and expand in the UK to serve European and Asia-Pacific markets. With Pacific Avenue's support, the company aims to focus on product innovation, supply chain resilience, and customer service. This acquisition represents Pacific Avenue's expertise in managing complex corporate divestitures and commitment to fostering innovation and operational excellence.