acquisition and investments
Focus Media To Buy Elevator Advertising Specialist Xianchao
Shares of Focus Media Information Technology leaped after China's largest outdoor advertising firm revealed plans to acquire elevator ad peer Xinchao Media Group for CNY8.3 billion (US$1.1 billion), marking a...
Kings III Acquires LiftNet
Kings III Emergency Communications, a leading provider of emergency communications headquartered in Coppell, Texas, announced on April 2 it has acquired LiftNet, formerly a Hyperion Solutions brand. LiftNet is a...
Total Access Expands L.A. Area Footprint Through Acquisition
Total Access Elevator, headquartered in Santa Fe Springs, California, and backed by private-equity firm Century Park Capital Partners, announced the acquisition of Simi Valley-based Vertical Elevator Solutions on March 13,...
KLST Acquired by Private-Equity Firm Mition
Mition GmbH Mitelstandsbeteiligungen (Mition), a private equity firm focused on succession solutions for companies, acquired the well-established provider of elevator control systems, switchgears and components for elevators, Detlef Klinkhammer Steuerungen...
Elevator Solutions Investment Co. Acquires Two Companies
Elevator Solutions Investment Co., a subsidiary of Mayar Holding Co., signed a binding purchase agreement to acquire the entire share capital of Saudi Installation Testing and Maintenance Co. (ITM Co....
Bronx-Headquartered Start Elevator Absorbs G-Tech Service Portfolio
Bronx, NY-headquartered Start Elevator announced on May 14 it absorbed the service portfolio of G-Tech Elevator Associates LLC, based in Linden, New Jersey, and serving customers throughout New York and...
Cibes Lift Group Announces Fourth U.S. Acquisition
Sweden-based Cibes Lift Group has acquired Area Access Inc., a distributor of vertical lifts headquartered in Virginia, expanding its presence in the U.S. and strengthening its capacity to deliver innovative...
Maven Group Expands M&A Services Into Roofing Industry
With more than 40 successful elevator industry mergers and acquisitions (M&A) completed, Jupiter, Florida-headquartered Maven Group, LLC announced its expansion into the roofing industry on January 25. Maven's original founder...
