Phoenix, AZ-based Ascent Lifting, Inc., a portfolio company of Shorehill Capital, announced it acquired Hoisting Wire Rope and Sling LLC in late October of this year.

It marks the third acquisition of 2025 and fifth overall for Ascent Lifting — a distributor and fabricator of lifting and rigging products with 42 locations nationwide. It purchased Brevard Rigging Supply in early October and completed the acquisition of Charleston’s Rigging & Marine Hardware on Feb. 3.

Hoisting Wire Rope and Sling is a Corpus Christi, TX-based supplier of wire rope, slings, hoists and other industrial rigging and lifting equipment offered directly to end users. The company also provides rigging services including wire rope splicing, mooring, and field installation.

Ascent said Hoisting Wire Rope and Sling will operate as a branch within its CERTEX division, further strengthening CERTEX’s service capabilities in the region. Overall, the acquisition expands Ascent Lifting’s presence in Texas.

“We are thrilled to welcome Hoisting Wire Rope and Sling to the Ascent Lifting platform,” said Dee Schweigert, CEO of Ascent Lifting in a Dec. 16 news release. “Their industrial expertise and long-standing presence in the market enhance our ability to support customers across Texas with comprehensive lifting and rigging solutions. This partnership supports our mission to be the preferred partner in the U.S. rigging industry.”

“We are excited to join the Ascent Lifting family,” added Jay Anderson, CEO of Hoisting Wire Rope and Sling. “Our extensive industry experience and deep understanding of customer needs align well with Ascent Lifting’s commitment to operational excellence. As part of CERTEX, we will continue building a strong future rooted in quality, service and shared growth.”

Terms of the transaction were not disclosed.