Phoenix-based Ascent Lifting, announced Nov. 4 that it completed the acquisition of Brevard Rigging Supply during early October.

This marks the fourth acquisition for Ascent Lifting, a distributor and fabricator of lifting and rigging products formed in 2022 with 41 locations nationwide. On Feb. 3,  it completed the acquisition of Charleston’s Rigging & Marine Hardware.

Ascent Lifting is a portfolio company of Shorehill Capital.

Brevard is a Cocoa, FL-based supplier of industrial rigging equipment and services offered direct to end users. The company covers a variety of end markets, most notably space exploration. This acquisition strengthens Ascent Lifting’s presence in Florida and builds on the recent momentum of its other branches in the area.

“We’re pleased to welcome Brevard into the Ascent Lifting family,” Ascent Lifting CEO Dee Schweigert said in a news release. “This strategic partnership expands our geographic reach and enhances our ability to deliver exceptional solutions to customers throughout Florida. As we continue to build scale and capability across key regions, Brevard exemplifies the type of high-performing organization we’re proud to partner with.”

“We’re thrilled to join the Ascent Lifting family,” added Ralph Cornelius, CEO of Brevard. “Their focus on people, operational excellence, and long-term partnerships aligns perfectly with our approach.”

Terms of the transaction were not disclosed.