Southeast Elevator Acquires Gulfside Elevator

Southeast Elevator, headquartered in Ft. Pierce, Florida, has acquired Gulfside Elevator and Cab Interiors LLC, based in Naples, Florida, Maven Group, LLC, which facilitated the deal, announced on July 27. Acquiring Palm Beach Lifts in May 2021, 26-year-old Southeast Elevator manufactures, installs and services residential and commercial elevators. Southeast Elevator states it believes the fact it manufactures most components for its home elevators at its Ft. Piece headquarters sets it apart from competitors. This latest acquisition expands its presence in the South Florida market. Southeast Elevator CEO Tim Fischer welcomed Gulfside President John Andrews and his team to the company, and Andrews thanked Maven for “seamlessly transferring their unique knowledge of the M&A market for commercial elevator companies to this transaction in the residential space.”