Promise to Perform Industries acquires Transol Corp.
3 November 2021Promise to Perform Industries has acquired Transol Corporation including its subsidiaries; Spanco, Rigid Lifelines and Lug-All Corporation - American manufacturers of overhead material handling systems, fall protection systems, and manual cable and web strap ratchet winch hoists.
The acquisition was a management buyout, which will ensure continuity to customers, employees, and vendors. The three shareholder managers, Jeff Brazwell, Arnie Galpin, and Shawn Trexler, have over 78 years of combined industry experience, 34 of which were at Spanco, Rigid Lifelines, and Lug-All.
“Spanco, Rigid Lifelines, and Lug-All are venerable companies with long traditions of quality and performance,” said Brazwell, president/CEO, Promise to Perform Industries. “We look forward to building on that success through a dedication to the fundamentals of what made these companies great.”
