Acquisitions
Urban Elevator Service Acquires San Diego Company
Urban Elevator Service, headquartered in Cicero, Illinois, has acquired Guardian Elevator Mechanical Services, a San Diego-based contractor specializing in installing, modernizing, repairing and maintaining all types of vertical-transportation equipment. Guardian...
Cavinder Elevator Acquires National Elevator Service
Cavinder Elevator Co., based in Myrtle Beach, South Carolina, has acquired Fort Walton Beach, Florida-based National Elevator Services, Inc., Cavinder announced on August 1. Founded in 1974 by the late...
KONE Acquires Ohio-Based Ross Elevator
KONE has acquired Ross Elevator Inc., a service, repair and modernization contractor in Eastlake, Ohio, the company announced on August 5. The acquisition includes operations in the greater Cleveland metropolitan...
TKE acquires Florida company, Jacksonville Riverfront, tower projects and more
TKE Acquires Florida-Based Accurate Elevator TK Elevator (TKE) announced in June that it has acquired Accurate Elevator, a longtime vertical-transportation (VT) contractor that has provided services in the Florida Keys...
Southeast Elevator Acquires Gulfside Elevator
Southeast Elevator, headquartered in Ft. Pierce, Florida, has acquired Gulfside Elevator and Cab Interiors LLC, based in Naples, Florida, Maven Group, LLC, which facilitated the deal, announced on July 27....
TKE to Acquire Vancouver-Based City Elevator
TK Elevator (TKE) announced on July 23 it signed an agreement to acquire City Elevator, founded in 2004 and providing elevator service and maintenance through more than 75 employees in...
Berkshire Partners Acquires 3Phase from Fort Point Capital
3Phase Elevator was acquired by Boston-based Berkshire Partners from existing investor Fort Point Capital. The investment will allow 3Phase Elevator to grow throughout the U.S., as it has with six...
KONE Acquires Detroit Elevator Co.
KONE announced on June 1 that it has acquired the service and repair business of Detroit Elevator Co. in Ferndale, Michigan, including its operations throughout the greater Detroit area and...
TKE Expands Canadian Presence with trio of Acquisitions
TKE expanded its reach in Canada with the acquisition of three Ontario companies specializing in elevator modernization, service and repair: Bay Elevator Ltd. of North Bay, Direct Elevator Service Ltd....
Urban Elevator Expands Florida Footprint with Acquisition
Urban Elevator, a privately owned, union, independent elevator service contracting firm headquartered in Cicero, Illinois, announced on May 18 the acquisition of Aventura Elevator, based in Miami-Dade County, Florida. Maven...
