Delta Rigging Acquires D&M Wire Rope

Delta Rigging & Tools, a portfolio company of Austin Ventures and a provider of lifting products and services, has acquired D&M Wire Rope, a Colorado-based supplier of wire rope and rigging. This is Delta Rigging's seventh investment in the last three years. By acquiring D&M, Delta is seeking to strengthen its already solid presence in the Rocky Mountain area. If Delta's management continues this strategy, expect to see more acquisitions in the Rocky Mountain and the Gulf Coast regions.