Pacific Avenue Capital Partners Completes Acquisition of U.S. Power Chain Hoist and Chain Business from Columbus McKinnon and Launches New Standalone Company, Stuart Rush

Newswire: Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-headquartered private equity firm focused on complex corporate carve-outs and other operationally intensive situations in the middle market, today announced that an affiliate has completed the acquisition of Columbus McKinnon Corporation's ("Columbus McKinnon", NASDAQ:CMCO) U.S. based power chain hoist and chain business (the "Company"), including its associated international sales support functions.