Century Park Partners With Total Access Elevator

Century Park Capital Partners announced it has completed a majority recapitalization of Total Access Elevator in partnership with the company’s management team and founders. Santa Fe Springs, California-headquartered Total Access is a leading provider of commercial elevator modernization, maintenance and repair services in the greater Los Angeles area. Each of the company’s four owners will retain ownership positions and continue to be involved in the business going forward. Century Park has partnered with two experienced industry executives, Robert Williams, former director of Otis Service Operations and Randy Wilcox, former president of Otis Americas, to develop an investment thesis in the elevator services sector. Williams and Wilcox will join Total Access as board members and are investing in the transaction, alongside Century Park and management. Lift Business Advisors served as advisor to Total Access. Terms of the transaction were not disclosed.