TEI Group Acquires Orlando, Florida-based TAKA Elevator

NYC-based TEI Group announced on January 3 it has acquired TAKA Elevator Co., LLC, established by Mary and Patrick Lalchandani in 2012 and based in Orlando, Florida. “Our future in the Southeast is brighter than ever before,” said TEI Southeastern Regional Vice President Chad Posey. Only a year after establishing itself in the Southeast, TEI has been thoughtfully expanding its footprint, and the alliance with TAKA marks a significant milestone. The Lalchandanis will report directly to Posey. TAKA field personnel have been evaluated and remain with the team as International Union of Elevator Constructors members. With President Mark Gregorio leading TEI, the company has grown to more than US$150 million within the NYC metropolitan market while maintaining its core values of safety, integrity and quality. TAKA’s customer-focused philosophy emphasizes environmentally conscious practices and ensuring optimal traffic flow and user experience in its elevator systems.