Charleston’s Rigging & Marine Hardware Inc
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Charleston’s Rigging & Marine Hardware Inc - overview
Established
1988
Location
North Charleston, SC, US
Primary Industry
Logistics & Distribution
About
Charleston's Rigging & Marine Hardware Inc is focused on providing rigging services and equipment. Founded in 1988 by co-founded by Rick Sawin and Valerie Sawin in South Carolina, US. In February 2025, Ascent Lifting, Inc. , a portfolio company of Shorehill Capital, acquired Charleston’s Rigging & Marine Hardware Inc.
Charleston's Rigging offers a wide range of material handling equipment and services, focusing on rigging solutions, including wire rope, chain slings, flatweb slings, and tiedown straps. It provides custom fabrication of wire rope products tailored to specific applications, ensuring compliance with industry standards such as OSHA and ANSI. As of 2025, the company serves a variety of clientele, including manufacturers, construction firms, maritime operators, and energy and transportation companies across South Carolina, Georgia, and North Carolina. In addition, the firm delivers various services including crane design, installation, inspection, repair, and load testing, serving both emergency and scheduled maintenance needs.
The company generates revenue through direct sales of its products and service offerings, structured primarily as business-to-business (B2B) transactions.
Current Investors
Ascent Lifting, Inc.
Primary Industry
Logistics & Distribution
Sub Industries
Equipment Rental & Leasing, Industrial Wholesalers, Electrical, Plumbing & Hardware Distributors, Search Engines
Website
www.charlestonsrigging.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Charleston’s Rigging & Marine Hardware Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Charleston’s Rigging & Marine Hardware Inc | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.