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The Black Phoenix Group LLC (BPG), a private investment firm dedicated to American manufacturing, has acquired PACCAR Winch from PACCAR Inc.
This strategic acquisition strengthens BPG’s industrial portfolio with a well-regarded manufacturer of winches, hoists, and drive systems.
PACCAR Winch, known for its Braden, CARCO, and Gearmatic brand products, specializes in engineered solutions for various industrial applications.
Following the acquisition, PACCAR Winch will continue operations under its current management team, ensuring stability and continuity for customers and employees.
"We are thrilled to welcome PACCAR Winch into the Black Phoenix Group family," Bryce Fisher and Mark Pickett, partners at The Black Phoenix Group said.
"The company’s strong market position and commitment to quality aligns perfectly with our investment strategy to acquire leading American businesses led by excellent management teams."
"We are excited to join forces with Black Phoenix Group," Mike Rogers, CEO of PACCAR Winch said.
"Their support will enable us to continue our tradition of excellence in manufacturing while pursuing new growth opportunities. We look forward to leveraging their expertise to enhance our capabilities and expand our market reach.”
The acquisition signals a new phase of growth and development for PACCAR Winch, reinforcing BPG’s commitment to investing in established American industrial leaders.
