Acquisitions
AEG Appoints Clairmont New President
NYC-headquartered American Elevator Group (AEG), North America's largest independent elevator service provider, announced in June it has appointed Bryan Clairmont as president. Clairmont succeeds C. Mark Boelhouwer, who has assumed the...
AEG Acquires Pennsylvania-Based Port Elevator
American Elevator Group (AEG) announced on June 1 the acquisition of Port Elevator, expanding AEG's central Pennsylvania footprint. The acquisition brings the number of AEG business units to 18 nationwide....
3Phase Elevator and Mile High Elevator Announce Merger
3Phase Elevator, an independent elevator and escalator services provider, has merged with Mile High Elevator, a provider of elevator maintenance, repair and modernization services in the Denver, Colorado, and Cheyenne, Wyoming, areas,...
Acquisition Paves Way for Growth for Sweden-Based Hydroware
The acquisition of Alvesta, Sweden-based Hydroware by CapMan Buyout promises to pave the way for Hydroware — a market leader in hydraulic lift modernization — to expand beyond the Nordics...
Champion Expands Hudson Valley Footprint
Champion Elevator, headquartered in Manhattan, NYC, with locations in Connecticut, New Jersey and Long Island, announced on May 16 the acquisition of Hunter Elevator, a provider of elevator installation, service,...
Modern Elevator Innovations Acquired by ATTA Elevators
Modern Elevator Innovations, with locations in Burlington, Canada, and NYC, has been acquired by ATTA Elevators Corp., a full-service elevator and escalator company headquartered in Concord, Canada, the companies announced...
Consolidated Elevator Joins AEG
Consolidated Elevator, headquartered in Long Island City and serving all five NYC boroughs for more than 50 years, received an investment from American Elevator Group (AEG), which consists of independent...
ESI Takes Control of Moseley Elevator in Columbus
Grand Rapids, Michigan-based Elevator Service LLC (ESI), a leading elevator service provider in the Midwest, has expanded its business into the Columbus, Ohio, market, as it takes control of Moseley...
Keystone Announces VDA’s Acquisition of Sierra Consulting
Keystone Capital Management, L.P., recently announced its portfolio company, Hanover, New Jersey-based VDA, Inc., has acquired Sierra Consulting Group. VDA is a marketing-leading provider of vertical-transportation (VT) consulting and inspection...
3Phase Acquires Commercial Portfolio From Southeast And Partners
Canton, Massachusetts-headquartered 3Phase Elevator, a leading elevator and escalator service company, has partnered with Southeast Elevator to service Southeast’s commercial maintenance and service customers, the companies announced on April 28....
