Acquisitions and Investments

ESI Announces Sixth Add-On Acquisition

Elevator Service LLC (ESI) has acquired Allrise Elevator Co., a leading independent service provider in the greater St. Louis market. This investment is ESI's sixth add-on acquisition in the last...

Axxiom Elevator Expands Southwest Presence With Acquisition

After acquiring Arizona Elevator Services, Fort Lauderdale, Florida-based Axxiom Elevator has further expanded its Southwest presence by acquiring IronHawk Elevator, based in Tucson, Arizona, and serving southern Arizona and western...

Allsafe Elevator Inspection Join VDA, Inc.

VDA, headquartered in East Hanover, New Jersey, announced on November 6 it has purchased Allsafe Elevator Inspections, an Allsafe Dominion Company with West Coast headquarters in Denver, Colorado, and East...

Sweden’s Cibes Lift Group Acquires Connecticut-Based ESC

Cibes Lift Group, a leading manufacturer of screw-driven, modular platform lifts headquartered in Gävle, Sweden, has acquired Elevator Service Co., Inc. (ESC), based in Torrington, Connecticut, and serving the Connecticut,...

ESI Announces Partnership To Enter Southeast Region Markets

Elevator Service LLC (ESI) announces it has entered into a partnership with A-1 Elevator Service and Pinnacle Elevator, the leading independent service providers in the southern Louisiana and Mississippi markets....

Cibes Lift Group Acquires Elevator Service Co. To Strengthen U.S. Position

Cibes Lift Group has entered into an agreement to acquire Elevator Service Co., a full-service elevator contractor, to strengthen its position and create new business opportunities in the U.S. Following...

ATTA Elevators Acquires Performance Elevator

Ontario, Canada-headquartered ATTA Elevators, a full-service independent elevator and escalator company, has announced the acquisition of Performance Elevator, a founder-run elevator service business focused on maintenance, repair and modernization across...

Anlev Completes Acquisition of Two U.K. Lift Companies

Anlev Elevator Group, the lift, escalator and moving walk brand of Hong Kong-headquartered Analogue Holdings Ltd., announced on October 18 it completed two acquisitions of U.K. companies, furthering its global...

Southern Elevator Transitions Ownership to Plexus Capital

Southern Elevator, a prominent elevator maintenance, modernization and repair services provider serving clients throughout the Carolinas and in Richmond and Roanoke, Virginia, has transitioned ownership to an investor group led...

Texas-Based A&F Elevator Changes Hands

The ownership of Garland, Texas-headquartered A&F Elevator Co., Inc., serving the Dallas and Houston markets, has transitioned from the Mianabi family to Viktor Pastarnak, Maven Group — which facilitated the...