Westward Partners Acquires Metro Machinery Rigging

SEATTLE, WA, June 1, 2016 - Westward Partners ("Westward"), today announced the acquisition of Metro Machinery Rigging, Inc. ("Metro" or the "Company") by its portfolio company, Axis Crane LLC ("Axis"). From single machines to complete plant relocations, Metro has been moving the immovable for over 30 years. Based near Portland, OR, Metro specializes in moving equipment of all types emphasizing safety, efficiency, and timeliness so business interruptions and downtime are kept to a minimum. Axis acquired 100% of Metro.

"The acquisition of Metro gives Axis a new service to provide to its existing customers and new customers to provide its existing crane solutions to," said Westward Founder and Partner, Andy Baldridge. "Metro enjoys a long successful tenure in the Portland, OR market and provides us with another stable cash flow stream and avenue for growth."

About Axis Crane

Axis is one of the largest operated crane businesses in the Northwest and a top 50 US company by total crane tonnage. Headquartered near Portland, Oregon, the Company specializes in fully operated crane services to a diverse base of end markets by providing comprehensive customer lifting solutions vs. offering a crane for rent by the hour. Axis enjoys a 15 year operating history and has long-term and extensive relationships with its broad customer base driven by years of quality service. The Company owns over 30 cranes ranging from 25 tons to 600 tons in lifting capacity.

About Westward Partners

Westward Partners is a private equity firm created to address the needs of lower middle-market companies with revenue up to $75 million and EBITDA up to $10 million, companies traditional private equity firms typically overlook. Westward partners with strong management teams in closely-held businesses to build value for its investors, its portfolio company employees, and the executives it works with.