Cambridge Elevating Announces Change in Ownership

Canada-based provider of residential elevator solutions Cambridge Elevating announced in April that its senior leadership team, including Jamie Hamilton, president; Josh Bruce, vice president (VP) of Operations; and Richard Wright, VP of Finance, has acquired the company from longtime owner Derek Hamilton. The purchase was finalized in January. With 40 years of collective experience at the company, the leadership team has been in place since January 2016. As owners, they intend to uphold the company's successful trajectory. "Our success will come from a focus on innovation, manufacturing excellence, employee engagement and complete customer satisfaction."