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River Associates sells Slingmax Group to Sterling Group
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River Associates sells Slingmax Group to Sterling Group
  • Slingmax Group was sold to The Sterling Group in a transaction that closed on Sept. 30, 2026.
  • River Associates built the platform starting with the July 2020 acquisition of Yale Cordage.
  • Add-ons included I&I Sling and Slingmax in March 2023, followed by Wisconsin Lifting Specialists in June 2026.
  • Under River ownership, the business expanded leadership, commercial capabilities, engineering, and manufacturing capacity.
  • The sale marked River Associates’ fourth portfolio company exit of 2026, with aggregate EBITDA across the four exits up 4.6x.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. River Associates Investments LP published the original content used to generate this news brief on October 06, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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