Foundation Fund partners with management to build a leading U.S. lifting and rigging solutions platform
DALLAS, Oct. 6, 2026 /PRNewswire/ — The Sterling Group Foundation Fund (the “Foundation Fund”), an operationally focused lower middle market private equity firm, announces the acquisition of Slingmax Group (“Slingmax” or the “Company”).
kAmw625BF2CE6C65 😕 pDE@?[ !6??DJ=G2?:2[ $=:?8>2I 😀 2 =625:?8 >2?F724EFC6C 2?5 5:DEC:3FE@C @7 6?8:?66C65 D=:?8 2?5 C@A6 D@=FE:@?D 2?5 4@>A=6>6?E2CJ AC@5F4ED FD65 7@C =:7E:?8[ AF==:?8[ 2?5 D64FC:?8 2AA=:42E:@?D] %96 r@>A2?JVD G6CE:42==J :?E68C2E65 >@56= DA2?D 56D:8?[ >2?F724EFC:?8[ 2?5 5:DEC:3FE:@?[ 2?5 :ED D@=FE:@?D D6CG6 2 5:G6CD6 D6E @7 6?5 >2C<6ED[ :?4=F5:?8 FE:=:E:6D[ A@H6C 86?6C2E:@?[ H@C<:?8 2E 96:89E[ 4:G:= 2?5 EC2?DA@CE2E:@? :?7C2DECF4EFC6[ 26C@DA246 2?5 5676?D6[ >2C:?6[ >:?:?8[ 4@?DECF4E:@?[ 2?5 @E96C :?5FDEC:2= 2AA=:42E:@?D]k^Am
kAmQ(6 36=:6G6 $=:?8>2I 😀 E96 ?2>6 4FDE@>6CD ECFDE H96? 2 =:7E 😀 4C:E:42= 2?5 E96C6 😀 ?@ >2C8:? 7@C 6CC@C] %96 3FD:?6DD 😀 C@@E65 😕 2 4@>>:E>6?E E@ D276EJ 2?5 92D 566A 6?8:?66C:?8 6IA6CE:D6 E92E EC2?D=2E6D E@ 9:89\BF2=:EJ A6C7@C>2?46 24C@DD 2? 2CC2J @7 6?5 >2C<6ED[Q D2:5 {F42D rFE=6C[ !2CE?6C @7 E96 u@F?52E:@? uF?5] Q(6 =@@< 7@CH2C5 E@ H@C<:?8 H:E9 $=:?8>2IVD DEC@?8 >2?286>6?E E62> E@ 2446=6C2E6 8C@HE9 😕 E9:D ?6IE 492AE6C]Qk^Am
kAmQu@C 564256D[ @FC 3C2?5D 92G6 62C?65 E96 ECFDE @7 E96 A6@A=6 H9@ 5@ E96 962G:6DE 2?5 >@DE 56>2?5:?8 H@C< \ 7C@> C:886CD 2?5 =:?6>6? E@ >2C:?6CD 2?5 H@C<:?8 2E 96:89E[ 3J 56=:G6C:?8 6BF:A>6?E E92E A6C7@C>D H96? :E >2EE6CD >@DE[Q D2:5 r9C:D r9C:D27:56D[ r9:67 tI64FE:G6 ~77:46C @7 $=:?8>2I vC@FA] Q$=:?8>2I 92D 2 =@?8 9:DE@CJ @7 36:?8 2? :?5FDECJ =6256C[ 2?5 H6 2C6 E9C:==65 E@ A2CE?6C H:E9 %96 $E6C=:?8 vC@FA E@ 6I64FE6 @FC G2=F6 4C62E:@? A=2? 7@C E96 4@>A2?J]Qk^Am
kAm%96 u@F?52E:@? uF?5 2:>D E@ =6G6C286 %96 $E6C=:?8 vC@FAVD @A6C2E:@?2= 42A23:=:E:6D 2?5 6IA6C:6?46 😕 E96 :?5FDEC:2= D64E@C E@ QD6E E96 7@F?52E:@?Q 7@C 8C@HE9 2E =@H6C >:55=6 >2C<6E 4@>A2?:6D] ~E96C u@F?52E:@? uF?5 A@CE7@=:@ 4@>A2?:6D :?4=F56 !C6>:6C %:C6 2?5 $6CG:46[ r@>A@DE be_[ #FDD6== {2?5D42A:?8[ ~G6C9625 v2C286 s@@C[ p>6C:42? v=2DD $6CG:46D[ 2?5 %96 $4CF88D r@>A2?:6D]k^Am
kAm$=:?8>2I H2D AC6G:@FD=J 2 A@CE7@=:@ 4@>A2?J @7 #:G6C pDD@4:2E6D[ 2 r92EE2?@@82[ %6??6DD66\32D65 AC:G2E6 6BF:EJ 7:C>] {2E92> U2>Aj (2E<:?D {{! D6CG65 2D =682= 25G:D@C E@ E96 u@F?52E:@? uF?5 😕 4@??64E:@? H:E9 E96 EC2?D24E:@?] !:A6C $2?5=6C D6CG65 2D 7:?2?4:2= 25G:D@C E@ #:G6C pDD@4:2E6D]k^Am
kAmp3@FE $=:?8>2I vC@FAk^Am
kAmw625BF2CE6C65 😕 pDE@?[ !6??DJ=G2?:2[ $=:?8>2I vC@FA 😀 E96 A2C6?E @C82?:K2E:@? @7 $=:?8>2I #:88:?8 $@=FE:@?D[ xU2>Ajx $=:?8[ 2?5 *2=6 r@C5286[ 6249 2 =625:?8 3C2?5 😕 6?8:?66C65 =:7E:?8[ C:88:?8[ 2?5 9:89\A6C7@C>2?46 DJ?E96E:4 C@A6 D@=FE:@?D] %96 r@>A2?J 56D:8?D[ >2?F724EFC6D[ 2?5 5:DEC:3FE6D DJ?E96E:4 2?5 H:C6 C@A6 D=:?8D[ 9:89\A6C7@C>2?46 C@A6D[ 2?5 4@>A=6>6?E2CJ AC@5F4ED FD65 7@C =:7E:?8[ AF==:?8[ 2?5 D64FC:?8 2AA=:42E:@?D] u@C >@C6 :?7@C>2E:@?[ A=62D6 G:D:E k2 9C67lQ9EEADi^^6586]AC?6HDH:C6]4@>^4^=:?<^nEl_U2>Aj=l6?U2>Aj@lcfh_abc\`U2>Aj9lb`ee`dca_hU2>AjFl9EEADTbpTauTau4964TauG`TauC_`TauFC=Tbu@Tbs9EEADTbpTauTauD=:?8>2I8C@FA]4@>Tae8Tbs};*I+%9:|%*J}%4`}%”J*HTbsTbsTae9Tbs|K#;|(*_|Kq:*>#:*K8a|s5=*K&H*(*d*%’=*K&K|K=<+%”b*;xI~s5>+>xd+(}9|(*H*>};+(&a|>xc}a”H}HTbsTbsTaeATbs*)pK~?}_+)yD2(ce*KAG+>+A*a&K};’7+(`92(IK)au_5vu;2v`=3?”e+;td~v&c~(+>|;pa~%&_}>&d|atK~%#=}K&K~sAj2lHHH]D=:?8>2I8C@FA]4@>QmHHH]D=:?8>2I8C@FA]4@>k^2m]k^Am
kAmp3@FE %96 $E6C=:?8 vC@FA u@F?52E:@? uF?5k^Am
kAmu@F?565 😕 `hga[ %96 $E6C=:?8 vC@FA 😀 2 AC:G2E6 6BF:EJ 2?5 AC:G2E6 4C65:E :?G6DE>6?E 7:C> E92E E2C86ED :?G6DE>6?ED 😕 32D:4 >2?F724EFC:?8[ 5:DEC:3FE:@?[ 2?5 :?5FDEC:2= D6CG:46D 4@>A2?:6D] %JA:42= 6?E6CAC:D6 G2=F6D @7 E96D6 4@>A2?:6D 2E :?:E:2= 7@C>2E:@? C2?86 7C@> S`__ >:==:@? E@ S` 3:==:@?] $E6C=:?8 92D DA@?D@C65 E96 3FJ@FE @7 fh A=2E7@C> 4@>A2?:6D 2?5 ?F>6C@FD 255\@? 24BF:D:E:@?D 7@C 2 E@E2= EC2?D24E:@? G2=F6 @7 @G6C Saf 3:==:@?] $E6C=:?8 4FCC6?E=J 92D 2AAC@I:>2E6=J Sh 3:==:@? @7 2DD6ED F?56C >2?286>6?E] u@C 7FCE96C :?7@C>2E:@?[ A=62D6 G:D:E k2 9C67lQ9EEADi^^6586]AC?6HDH:C6]4@>^4^=:?<^nEl_U2>Aj=l6?U2>Aj@lcfh_abc\`U2>Aj9l`cfb_gddafU2>AjFl9EEADTbpTauTauDE6C=:?8\8C@FA]4@>TauU2>Aj2lHHH]DE6C=:?8\8C@FA]4@>QmHHH]DE6C=:?8\8C@FA]4@>k^2m]k^Am
kAm!2DE A6C7@C>2?46 😀 ?@ 8F2C2?E66 @7 7FEFC6 C6DF=ED 2?5 2== :?G6DE>6?ED 2C6 DF3;64E E@ =@DD] #6AC6D6?ED $E6C=:?8VD @A:?:@?D[ 36=:67D[ 2?5 2DD6DD>6?ED] p=E9@F89 $E6C=:?8 36=:6G6D E96D6 2DD6DD>6?ED 2C6 C62D@?23=6[ E96J 2C6 :?96C6?E=J DF3;64E:G6 😕 ?2EFC6]k^Am
kAm’:6H @C:8:?2= 4@?E6?Ei k2 C6=lQ?@7@==@HQ 9C67lQ9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^E96\DE6C=:?8\8C@FA\7@F?52E:@?\7F?5\24BF:C6D\D=:?8>2I\8C@FA\2\AC@G:56C\@7\6?8:?66C65\=:7E:?8\2?5\C:88:?8\D@=FE:@?D\b_aghhc__]9E>=Qm9EEADi^^HHH]AC?6HDH:C6]4@>^?6HD\C6=62D6D^E96\DE6C=:?8\8C@FA\7@F?52E:@?\7F?5\24BF:C6D\D=:?8>2I\8C@FA\2\AC@G:56C\@7\6?8:?66C65\=:7E:?8\2?5\C:88:?8\D@=FE:@?D\b_aghhc__]9E>=k^2mk^Am
kAm$~rt %96 $E6C=:?8 vC@FAk^Am
Copyright ©2026 PR Newswire Association LLC. All Rights Reserved.