Florida-based Palm Peak Capital acquires Pacific Shoring in first investment deal

Palm Peak Capital, a private equity firm launched in 2024 by former Sun Capital Partners executives, has acquired California-based Pacific Shoring Products.

This acquisition marks Palm Peak’s first investment and reflects its focus on high-potential industrial sectors. Financial terms of the deal were not disclosed.

Pacific Shoring, a leading manufacturer of aluminium and steel trench safety equipment, operates plants in California and Texas. The company supplies major rental firms and dealers in markets spanning the US, Canada, Australia, and Europe. Its reputation for quality and safety has positioned it as a key player in the trench shoring industry.

Palm Peak Capital identified significant growth in the North American trench shoring market, driven by infrastructure development, maintenance projects, and safety regulations. Dante Pavone, vice president at Palm Peak, commented, “Over the past 20 years, Pacific Shoring has proven itself as an industry leader and is poised for even greater success in the years ahead.”

The firm plans to enhance Pacific Shoring’s operations by expanding its product range, improving procurement, investing in technology, and strengthening its sales force. This hands-on approach aligns with Palm Peak’s strategy of supporting high-growth companies in industrial markets.

Co-founded by Steven Liff, Daniel Florian, and Jeremy Stone, Palm Peak Capital brings over 16 years of expertise in acquiring and scaling businesses in the industrial and services sectors. With its first investment, the firm aims to build on Pacific Shoring’s strong foundation and accelerate its growth in a dynamic market.

Source: International Rental News

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