Bishop Lifting expands to Canada with acquisition of Oceanside

Bishop Lifting, a portfolio company of Altamont Capital Partners, announced the completed acquisition of Oceanside Equipment, a leading wholesale distributor of rigging and mooring products. Headquartered in Dartmouth, Nova Scotia, and with a location in Mount Pearl, Newfoundland, Oceanside has been serving customers since 1990.

Oceanside marks Bishop’s 14th acquisition since 2012 and is the seventh add-on acquisition since Altamont’s investment. Oceanside’s Canada locations and strong private label OCEAN offering support Bishop’s ongoing strategy to become the leading provider of lifting products and services not only in the United States but across North America. Post-acquisition, Oceanside will keep its branding and its teams, with Greg Maloney, Gary Sullivan and Vincent Penton continuing in commercial and leadership roles.

“The acquisition of Oceanside marks our first physical locations in Canada and continues our strategy to expand our core solution offerings and footprint to serve customers locally across North America,” said Harold King, CEO of Bishop Lifting. “Oceanside has strong customer relationships across Canada, and I am excited to welcome the entire team to the Bishop family.”