Delta Rigging & Tools, Inc. (“Delta”) originated in December, 2004 when, together with management and outside executive Kevin Rodgers, Prospect Partners acquired Industrial Hoist, LP, of Brazoria, Texas, from its parent company NES Rental Holdings.

Delta was the national market leader in the sale, rental and servicing of industrial hoisting, rigging and tooling equipment, offering the largest rental fleet of hoists, winches and related rigging equipment available in the United States. Delta’s product line includes pneumatic, electrical and mechanical powered chain hoists, winches and rigging equipment, wire ropes and slings, wire, nylon and synthetic slings, rigging hardware, hoists, winches and tuggers.

Prospect Team: Lou Kenter
Transaction Type: Back Outside Executive
Growth Strategy: Platform Build Up
Investment Date: December 2004
Industry: Rental & Maintenance Services
Sector: Specialty Service (B2B) / Value-Add Distributor
Status: Realized

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Posted on

April 12, 2021