Columbus McKinnon Corporation

Transaction overview

Status: Announced

Exact closing date not established.

Columbus McKinnon announced on February 10, 2025 that CD&R would invest $800 million in perpetual convertible preferred equity to support its proposed acquisition of Kito Crosby. The announced terms included a 7% coupon and a $37.68 conversion price, implying approximately 40% ownership on an as-converted basis following completion. These were conditional terms; an actual closing date was not reported.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.