News

February 23, 2026

Shorehill Capital Exits Functional Devices, Inc.

FOR IMMEDIATE RELEASE – FEBRUARY 23, 2026   Shorehill Capital LLC (“Shorehill”) announced today the sale of Functional Devices, Inc. (the “Company” or “FDI”) to L Squared Capital Partners LLC (“L Squared”). L Squared completed the transaction in partnership with FDI’s management team.   Functional Devices, Inc. is a leading designer and US-based manufacturer[…]

February 18, 2026

2025 Year in Review

We are proud to celebrate a strong 2025 at Shorehill Capital. This past year was defined by the expansion of our internal team, three add-on acquisitions for Ascent Lifting, and a commitment to operational excellence across our portfolio companies. Please click here to learn more about our 2025 accomplishments.   As we enter 2026,[…]

December 16, 2025

Ascent Lifting, Inc. Announces the Acquisition of Hoisting Wire Rope and Sling

FOR IMMEDIATE RELEASE – DECEMBER 16, 2025   Ascent Lifting, Inc. (“Ascent Lifting”), a portfolio company of Shorehill Capital (“Shorehill”), announced that it completed the acquisition of Hoisting Wire Rope and Sling LLC (Hoisting Wire Rope and Sling) in late October 2025. This marks the fifth acquisition for Ascent Lifting, a leading value-added distributor[…]

November 5, 2025

Ascent Lifting, Inc. Announces the Acquisition of Brevard Rigging Supply

FOR IMMEDIATE RELEASE – NOVEMBER 4, 2025   Ascent Lifting, Inc. (“Ascent Lifting”), a portfolio company of Shorehill Capital (“Shorehill”), announced that it completed the acquisition of Brevard Rigging Supply LLC (“Brevard”) on October 6, 2025. This marks the fourth acquisition for Ascent Lifting, a leading value-added distributor and fabricator of lifting and rigging[…]