# Columbus McKinnon to sell U.S. power chain hoist and chain operations for $210M

Columbus McKinnon entered a definitive agreement to sell its U.S. power chain hoist and chain manufacturing operations in Damascus, Virginia and Lexington, Tennessee to an affiliate of Pacific Avenue Capital Partners for $210 million, with potential earn-out of $25 million. The divestiture is to reduce product redundancies ahead of the Kito Crosby acquisition.

- Type: Acquisition
- Announced: 2026-01-14
- Where: Damascus, Virginia; Lexington, Tennessee, United States
- Value: $210.0M
- Status: announced
- Products: power chain hoists, chain
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md)
- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [Incline Equity Partners](https://endata.com/companies/3248.md) (partner)
- [Kito Crosby](https://endata.com/companies/12751.md) (target)
- [KKR](https://endata.com/companies/16879.md) (investor)
- [Pacific Avenue Capital Partners](https://endata.com/companies/31452.md) (acquirer)
- [Cameron Ashley Building Products](https://endata.com/companies/89695.md) (acquirer)
- [Therm-All](https://endata.com/companies/89696.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/columbus-mckinnon-reiterates-expected-closing-of-the-kito-crosby-acquisition-and-announces-the-divestiture-of-certain-product-lines-302660918.html), 2026-01-14: "Entered into a definitive agreement for the sale of its U.S. power chain hoist and chain manufacturing operations for $210 million plus additional earn out potential of $25 million."
- [lbmjournal.com](https://www.lbmjournal.com/industry-news/mergers-acquisitions/press-release/15814868/cameron-ashley-building-products-cameron-ashley-pacific-avenue-capital-partners-acquire-thermall), 2026-01-16: "We are pleased to welcome Therm-All to the Pacific Avenue and Cameron Ashley family."
- [prnewswire.com](https://www.prnewswire.com/news-releases/columbus-mckinnon-receives-clearance-from-the-doj-for-pending-acquisition-of-kito-crosby-302676363.html), 2026-02-02: "Columbus McKinnon Corporation today announced it has received clearance from the Antitrust Division of the U.S. Department of Justice for its previously announced acquisition of Kito Crosby Limited."
- [prnewswire.com](https://www.prnewswire.com/news-releases/columbus-mckinnon-completes-acquisition-of-kito-crosby-302678766.html), 2026-02-04: "This is a transformational moment for Columbus McKinnon, expanding our offerings and scale to further our vision of becoming a global leader in intelligent motion solutions for materials handling."
- [vectorshift.ai](https://vectorshift.ai/research/companies/columbus-mckinnon/earnings/2026-q3), 2026-02-09: "Columbus McKinnon closed the transformational Kito Crosby acquisition and delivered double-digit year-over-year growth in sales, orders, backlog and adjusted EPS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.