Private Equity
Barss Promoted to VP of Operations at FIELDBOSS
FIELDBOSS, the business management software provider headquartered in Toronto with offices in NYC and Florida, announced on August 29 it has promoted Corey Barss to vice president (VP) of operations....
Total Access Elevator Acquires LA Elevator
Total Access Elevator, a Sante Fe Springs, California-based division of Los Angeles (LA)-based private-equity firm Century Park, announced in August the acquisition of LA Elevator, an independent provider of elevator...
EQT Announces US$2.7 Billion Tender Offer To Privatize Fujitec
BPEA Private Equity Fund IX ("EQT") is set to make a US$2.7 billion tender offer to privatize Fujitec Co., Ltd., PR Newswire reports. This marks the largest sponsor-led take-private deal in Japan year-to-date and EQT's largest...
TKE Considering US$22.7-Billion IPO in U.S. in 2026
Germany’s TK Elevator (TKE), the fourth-largest elevator maker in sales behind U.S.-based Otis, Switzerland’s Schindler and Finland-based KONE, is considering an initial public offering (IPO) in the U.S. in 2026, Reuters reports....
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,...
FIELDBOSS Opens New U.S. Head Office in South Florida
FIELDBOSS, a leading provider of commercial contractor field service management software for the elevator and heating, ventilation and air conditioning (HVAC) industries, announced the opening of its new U.S. head...
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...
Japanese OEM Fujitec Exploring Sale to Private Equity
Japanese OEM Fujitec is in talks with private equity groups, including Sweden’s EQT, about a potential sale of its approximately US$2.1-billion elevator and escalator business, the Financial Times reports. The...
H.I.G. Capital Completes Acquisition of Action Elevator
H.I.G. Capital, a leading global alternative investment firm, announces that one of its affiliates has completed the acquisition of Action Elevator, a leading independent provider of elevator services. As part...
Del Monte Capital Invests in Integrity Elevator Solutions
Del Monte Capital, a private equity firm specializing in growth-oriented, lower middle-market companies, has announced its growth investment in Integrity Elevator Solutions (IES). IES has become a leading independent provider...
