Savaria Acquires Baxter Residential Elevators

Savaria Corp., a global leader in the accessibility industry based in Quebec, Canada, has completed the acquisition of substantially all the assets of Baxter Residential Elevators, LLC (BRE), a leading dealer and installer of home elevators and lifts based in Frisco, Texas. Founded in 2004, BRE has been a long-time Savaria dealer serving the Dallas-Fort Worth Metroplex and generated approximately US$4 million in revenue in 2025. The company has established strong relationships with homebuilders throughout North Texas, particularly in the luxury residential segment, where demand for home elevators continues to grow. Richard D. Baxter, the founder and owner of BRE, will continue to lead the business as a division of Savaria, ensuring continuity for customers and employees. The Dallas metropolitan area represents a strategically important market for Savaria, as Texas is among the fastest-growing states in the U.S. with significant residential and commercial construction activity underway. “This transaction provides Savaria with a direct presence in this high-growth market and strengthens its ability to serve customers and partners in the region,” the press release said.