Just my 2¢. I've given some vague thought (but no more) to converting a Krokuss 6x9cm enlarger to 4x5inch. The Krokuss provides three essential parts: the vertical motion for the head, the focus motion for the objective, and the bellows.
(1) Do not insist on the 4x5" neg stage being at the same location as the 6x9cm neg. Build a light-tight box that extends backwards from the 6x9cm neg stage, by an amount equal to the difference between neg-objective distances (typically 1x...1.5x the focal length of, resp, 105mm and 150mm).
(2) Give up on condenser illumination and design a LED + frosted glass illumination.
Need to make a diagram to ensure that the original (6x9cm) window does not interfere with the image-forming rays; the issue is most acute at the minimum magnification (max bellows extension): increase the height of the extension as needed. In that respect, a 150mm lens is probably less problematic than a 135mm lens.
Mass should not be an issue once the 6x9 condensers are absent.
Again, the above does not claim to be a design, just hints. Good luck with your project.