Houlihan Lokey Advises Halo Partners

Houlihan Lokey is pleased to announce that Halo Partners, L.P. (Halo) has acquired W.O. Grubb. Founded in 1962 and based in Richmond, Virginia, W.O. Grubb is one of the largest family-owned and operated providers of specialty equipment, lifting, rigging, warehousing, and value-added engineering solutions. As a leading regional provider, W.O. Grubb operates through 13 strategically located branch locations serving the attractive infrastructure, data center, industrial, and other end markets. The transaction closed in January 2026.

Halo is a private investment firm focused on partnering with founders and management teams to build durable, resilient businesses in the industrial, technology, and related services sectors. The firm brings long-term capital, operational support, and strategic resources to help companies scale responsibly while preserving their core culture and customer focus.

The partnership brings together Halo’s long-term, partnership-focused capital with W.O. Grubb’s nearly 60-year legacy of safety, reliability, and technical excellence. Halo is committed to investing in the organization to support its people, customers, suppliers, fleet, and infrastructure. The partnership is designed to strengthen the company’s foundation while positioning W.O. Grubb to pursue organic growth and strategic add-on opportunities.

Houlihan Lokey served as financial advisor to Halo. This transaction highlights Houlihan Lokey’s deep expertise in the industrial, specialty rental, and lifting solutions verticals within the equipment-as-a-service sector.

RELATED: Mergers & Acquisitions