American Pacific Group Completes Sale of ServerLIFT to Justrite Safety Group

SAN FRANCISCO--(BUSINESS WIRE)-- American Pacific Group (“APG”) announced today the completed sale of ServerLIFT, LLC (“ServerLIFT”) and related entities, a portfolio company of an APG affiliate, and a leading manufacturer of purpose-built material handling and lifting equipment for critical IT infrastructure, to Justrite Safety Group (“JSG”), a portfolio company of Audax Private Equity. The transaction closed on August 31, 2026. Terms were not disclosed.

APG partnered with ServerLIFT in December 2024 alongside Ray and David Zuckerman, representing two generations of family ownership and leadership of the Phoenix, AZ-based company. Over the course of the partnership, APG and the ServerLIFT team made significant investments in the company’s product portfolio, manufacturing capabilities, and commercial organization to meet accelerating demand from data center operators worldwide. The company also expanded its leadership bench, appointing John Spillane as Chief Executive Officer and John McElroy as Chief Financial Officer in 2025, with co-founder and former Chief Executive Officer Ray Zuckerman transitioning to Chairman of the Board.

“ServerLIFT is exactly the kind of business we look for — a category leader with deep engineering heritage, a differentiated product, and an unwavering commitment to customers,” said Stephanie Gaufin, Managing Director at American Pacific Group. “It has been a privilege to work alongside Ray, David, John, and the entire ServerLIFT team as they extended that leadership into new products and new markets. With its global safety platform, channel reach, and shared mission of protecting people and critical assets, JSG is ideally positioned to accelerate ServerLIFT's next phase of growth. ServerLIFT reflects APG's continued focus on industrial technology and engineered products businesses serving mission-critical end markets.”

“When we partnered with APG, we were looking for a firm that would respect what we had built over two decades while investing to take ServerLIFT further, and that is exactly what they did, helping us to expand our manufacturing capacity and scale customer support,” said Ray Zuckerman, co-founder of ServerLIFT. Co-founder David Zuckerman added, “APG coached us as leaders and supported us in growing our teams and building a robust service organization, while honoring the culture that has always defined this company. We are proud of what this team has accomplished with APG, and we are confident that JSG is the right home for ServerLIFT’s next chapter.”

“APG has been a great partner to ServerLIFT and my leadership team,” said John Spillane, Chief Executive Officer of ServerLIFT. “They brought differentiated operating expertise and resources to the business and helped us invest in our people, our products, and our manufacturing capabilities at a moment of extraordinary growth in our end markets. I am excited for this next phase with Justrite Safety Group. Their global platform, deep safety expertise, and customer-first culture are a natural fit with ours, and together we will serve data center and other customers around the world better than ever.”

William Blair & Company L.L.C served as exclusive financial advisor to ServerLIFT, and Jones Day served as legal advisor.

About American Pacific Group

American Pacific Group is a San Francisco Bay Area-based private equity firm with $1.2 billion of capital under management. Together, with management teams, American Pacific Group seeks to drive sustainable growth in its portfolio companies through the “Q Process,” a proprietary and tested approach to value creation. For more information, please visit www.americanpacificgroup.com.

About ServerLIFT

For more than 20 years, ServerLIFT has been a pioneer in superior material handling and lifting equipment for critical IT infrastructure in the data center, electronics manufacturing, communications, technology, and other end-markets. ServerLIFT® server-handling lifts are designed to be the data center professional’s safest and smartest decision. For more information, please visit www.serverlift.com.

About Justrite Safety Group

Justrite Safety Group, a portfolio company of Audax Private Equity, is a leading global manufacturer and supplier of a deep portfolio of complementary mission-critical safety products which simplify workplace safety and regulatory compliance to protect lives, assets, and the environment. With a rich history spanning over a century, JSG is dedicated to providing high-quality, innovative solutions that help customers achieve compliance and protect their workforce. The company is headquartered in Deerfield, IL. For more information, please visit www.justritesafetygroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260901511837/en/

Media Contact
Brands2Life for American Pacific Group
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Source: American Pacific Group

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