has been acquired by
a portfolio company of
March 31, 2023 | Philadelphia, PA
Mufson Howe Hunter & Co. LLC, a leading investment bank serving middle market companies, is pleased to announce the acquisition of I&I Sling, Inc. and Slingmax, Inc. (“I&I / Slingmax”) by Yale Cordage, Inc., a portfolio company of River Associates Investments, L.P.
Founded in 1963 and based in Aston PA, I&I / Slingmax provides custom lifting solutions and services. The I&I / Slingmax brand is recognized globally for local service, quality and innovation in the heavy lift and material handling market. They supply the most advanced high-performance synthetic slings and multi-part wire rope slings in the market today.
Yale Cordage, based in Saco ME, provides specialty ropes for the heavy lift, specialty industrial, utility, arborist, life safety, and oceanographic / marine sectors.
Mufson Howe Hunter served as exclusive financial advisor to I&I Sling / Slingmax for the transaction.
Mufson Howe Hunter, an investment banking firm established in 2004, focuses on merger and acquisition transactions as well as the placement of growth capital for middle market companies. Mufson Howe Hunter’s senior investment bankers each has over two decades of transactional experience across business services, consumer, industrials, and technology services sectors. Mufson Howe Hunter advises both public and privately held companies, with a particular focus on family-held and privately-owned businesses.