Action Elevator Expands Mid-Atlantic Portfolio Acquisition
Action Elevator, based in Baltimore and providing elevator services throughout the Mid-Atlantic, announced on August 26 the acquisition of Gen-L Elevator LLC, a leading elevator services provider in the Washington, D.C., area. Maven Group served as financial advisor to Gen-L Elevator, which is led by founders Jaclyn and Justin Linehan. The Linehans and their team will continue their work with Action Elevator “to ensure a seamless transition for both customers and employees,” Maven stated. Action Elevator CEO John Marshall Sr. described the acquisition as “yet another step in our newly invigorated M&A strategy since we joined forces with H.I.G. Capital in 2024.” Marshall said Gen-L’s goals and values align with those of Action, and that the Gen-L team has “established a first-rate reputation in the marketplace, not only by their unique skillset but also with their transparent customer communication and employee satisfaction.”
Get more of Elevator World. Sign up for our free e-newsletter.