News

November 14, 2022

Functional Devices Inducted into Indiana Manufacturers Association Hall of Fame

FOR IMMEDIATE RELEASE – November 14, 2022 Shorehill Capital LLC is pleased to announce that portfolio company Functional Devices, Inc. was recently inducted into the Manufacturers Hall of Fame by the Indiana Manufacturers Association (“IMA”). The Manufacturers Hall of Fame inductees are chosen by the IMA for their long-time commitment to Indiana’s manufacturing[…]

November 1, 2022

Shorehill Recognized for Fourth Time by Inc. Magazine as a Founder-Friendly Investor

FOR IMMEDIATE RELEASE – November 1, 2022 Shorehill Capital LLC (“Shorehill”) is very pleased to announce our fourth consecutive inclusion in Inc. magazine’s list of top Founder-Friendly Investors. The 2022 Founder-Friendly Investors list acknowledges investors with a track record of successfully partnering with entrepreneurs. Shorehill has appeared on the select list each year[…]

October 4, 2022

Shorehill Forms Rigging Products Distribution Platform

FOR IMMEDIATE RELEASE – October 4, 2022 Shorehill Capital LLC (“Shorehill”), a Chicago-based private equity firm, has formed Ascent Lifting, Inc. (“Ascent Lifting” or the “Company”), which simultaneously completed the acquisitions of a majority interest in Advantage Sales & Supply Co., LLC (“Advantage”) and Susquehanna Wire Rope & Rigging, LLC (“Susquehanna”). Advantage and[…]

August 23, 2022

Shorehill Capital LLC Sells Belt Power LLC to Platte River Equity

Shorehill Capital LLC (“Shorehill”) announces the sale of Belt Power LLC (“Belt Power”) to Platte River Equity (“Platte River”). Platte River completed the acquisition in partnership with Belt Power’s existing management team. Shorehill will retain an ongoing equity stake in the business. Belt Power is the largest independent lightweight conveyor belting and automation[…]

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