Expert Guidance and Consulting for Independent Elevator Companies.
Acquisition
Advisory
Business
Valuations
Management
Consulting
OUR FOCUS
Client Profitability & Value
MAVEN Group is a Trusted Advisor for Independent Elevator Companies Worldwide. We provide expert guidance and consulting for independent elevator companies with a focus on mergers and acquisitions. Our services are focused on increasing our clients’ profitability and value in the market place. By fine-tuning company processes, analytics and decision-making, we set every company on the path to long-term success.
Over 30 Years of Results
As an international advisor and consultant, Maven Group, LLC focuses on all aspects of the elevator industry: We have represented commercial and industrial service providers, suppliers, manufacturers, and residential elevator companies. When independent companies consider selling their business, we guide owners through the complex mergers & acquisition process from presale preparation to closing with the goal to maximize profits while keeping the established team protected.
Process
We also assist independent elevator companies in the daily management and organization of their team and systems. With decades of experience, we know the best way for a business to succeed is through clearly articulated and highly efficient procedures.
Results
Over the years, clients with combined annual revenues well above $400,000,000 have engaged Maven Group to facilitate transactions with international or regional elevator companies as well as private equity investors.
Mergers & Acquisitions
PORTFOLIO
Transactions
Since 2017, Maven Group helped facilitate over 40 mergers and acquisitions for commercial and industrial elevator service providers, elevator suppliers and manufacturers as well as residential elevator companies. Our clients combined for annual revenues well above $400,000,000 and operated across 28 states in the US and Canada. We successfully closed transactions with over 20 different buyers.
Representation | Year | Seller | State | Buyer | Details |
---|---|---|---|---|---|
2024 | Century Elevator | DC, MD, VA | Action Elevator / H.I.G. Capital | More | |
2024 | G-Tech Elevators | NY, NJ | Start Elevator | More | |
2024 | Stratos Elevator, Inc. | LA | Integrity Elevator Solutions | More | |
2023 | Ironhawk Elevator | AZ, NM | Axxiom Elevator / Gauge Capital | More | |
2023 | Arizona Elevator Solutions | AZ | Axxiom Elevator / Gauge Capital | More | |
2023 | A-1 Elevator Service, LLC | LA, MS | Elevator Service LLC (ESI) / Carrol Capital | More | |
2023 | Pinnacle Elevator | LA | Elevator Service LLC (ESI) / Carrol Capital | More | |
2023 | A&F Elevator Co., Inc. | TX | Private Investor | More | |
2023 | Motion Elevator, Inc. | FL | Axxiom Elevator / Gauge Capital | More | |
2023 | Urban Elevator Service FL, LLC | FL | Axxiom Elevator / Gauge Capital | More | |
2023 | Metro Elevator, Inc. | MN | Elevator Service LLC (ESI) / Carrol Capital | More | |
2023 | Trenton Elevator | NJ | American Elevator Group / Arcline Capital Partners | More | |
2022 | Titan Machine Corp. | NY | HYPERION Solutions | ||
2022 | Madden Elevator Company | KY, IN | American Elevator Group / Arcline Capital Partners | ||
2022 | McIntosh Industries, Inc. | NJ | Standard Elevator Systems / Arcline Capital Partners | ||
2022 | Southeast Elevator (commercial service portfolio) | FL | 3Phase Elevator / Berkshire Partners | ||
2021 | Hadfield Elevator | PA | 3Phase Elevator / Berkshire Partners | ||
2021 | Gulfside Elevator and Cab Interiors, LLC | FL | Southeast Elevator | ||
2021 | West Virginia Elevator | WV | 3Phase Elevator / Berkshire Partners | ||
2021 | Direct Elevator Service Ltd. | Ontario (Canada) | TK Elevator | ||
2021 | True Canadian Elevator Maintenance Company Ltd. | Ontario (Canada) | TK Elevator | ||
2021 | Bay Elevator Ltd. | Ontario (Canada) | TK Elevator | ||
2021 | Aventura Elevator | FL | Urban Elevator Service | ||
2021 | Colorado Elevator Solutions | CO | SCHINDLER Elevator Corp. | ||
2021 | Right Way Elevator Maintenance, Inc. | FL | American Elevator Group / Arcline Capital Partners | ||
2021 | American Service Group | IN, IL, KY, FL, TN, MO, MD, OH, SC, GA, NM, TX | American Elevator Group / Arcline Capital Partners | ||
2020 | Southeast Elevator | FL | Private Investor | ||
2020 | Urban Elevator Service | IL, IN, TX, CO, AZ | Skydeck Capital | ||
2020 | Avery Elevator Co. | DC, MD, VA | Action Elevator / Align Capital | ||
2020 | Action Elevator, Co. | MD, DE, DC | Southwest Elevators, LLC / Align Capital Partners | ||
2020 | Clifton Elevator Service Company (CESCO) | NJ | Slade Elevator / Schindler Elevator | ||
2020 | Transel Elevator & Electric, Inc. (TEI Group) | NY | Analogue Holdings Limited (Hong Kong) | ||
2019 | Excel Elevator & Escalator Corp | NH, MA, CT, NY, NJ, PA, DE, MD, VA, FL | 3Phase Elevator / Fort Point Capital | ||
2019 | Elevator Service, Inc. | MI | Carroll Capital, LLC | ||
2019 | Applied Elevator Service & Sales | CO | Elevator Technicians LLC | ||
2019 | TAKA Elevator Company (Service) | FL | KONE Elevator | ||
2019 | American Elevator, Inc | IN | Private Investor | ||
2018 | Boesen Plum Elevator Solution | KS | SCHINDLER Elevator | ||
2018 | Traveler Elevator | FL | ELCON | ||
Eastern Elevator | 2018 | Eastern Elevator | VA, MD, WV | Delaware Elevator | |
Elevator Solutions | 2018 | Elevator Solutions | MD, PA, WV, VA | OTIS Elevator | |
Coast to Coast Elevator | 2018 | Coast to Coast Elevator | FL | Delaware Elevator | |
Private Investor | 2017 | Elevator Service, Inc. | MI | Private Investor |
International Advisors & Consultants
TEAM
Trusted Advisors
As an international advisor and consultant, Maven Group, LLC focuses on all aspects of the elevator industry: We have represented commercial and industrial service providers, suppliers, manufacturers, and residential elevator companies.
Dominik Sachsenheimer, President
Dominik Sachsenheimer is a proven business strategist across various industries and continents who has been heading up Maven Group as president and majority shareholder since 2017. Maven Group has quickly developed into the leading mergers & acquisitions advisor for elevator companies in the United States and Canada as the firm’s clients combine for annual revenues above $400,000,000. Dominik is a frequent speaker at industry events in North America and Europe as well as an occasional contributor to publications such as “Elevator World” which recognized him as one of 25 “people of the year” in 2020.
Prior to running Maven Group, Dominik gained 10 years of experience at the Otis Elevator Company from 2006 to 2016. He served as Director of Mergers & Acquisitions for North America since 2013 and previously in various finance roles in New York City, Chicago and Charleston, SC where he directed an organization spanning across 16 states and several Caribbean islands.
Dominik obtained his MBA from Berufsakademie Loerrach, Germany in 1999 and started his career with a global logistics company headquartered in Basel, Switzerland. He later headed the internationally renowned “Zelt Musik Festival” in Freiburg, Germany, which hosts over 50 concerts attracting 200,000 visitors annually. During this time, he also consulted for various non-profit and entertainment companies while teaching business
courses at “Institut fuer Sprachen und Wirtschaft” in Freiburg, Germany.
William T. Beaury, Founder
Bill Beaury started SureWay Expediting Inc. with his partner and $750 seed money. SureWay grew to $45,000,000 in revenue during the 20 years before it was sold. The complexities of Government regulation then transitioning to deregulation, adding staff and management, developing technology, financing growth, dealing with recessions, and changing markets all helped Bill prepare for Maven Group. Eventually the company was rolled into a group of companies that went through the Initial Public Offering (IPO) process. The experience of it all was priceless.
Immediately after that Bill invested in, and took, control of a company that was hemorrhaging money. In 90 days it was at break even and in two years it bought SureWay from the public company. In 1992, while all of these transactions were going on, Bill and John Taylor, who were childhood friends, formed Taylor Elevator in Naples, Florida. Bill was 50% owner and served as the business side of the company while still living in New York.
In 2008, when Bill moved to Naples and became actively involved in Taylor Elevator, revenues were as high as $12,000,000. In 2013 the company spent 6+ months negotiating with a ‘major’ only to have the deal fall apart 7 days before closing. In 2015 Bill completed a deal with a different ‘major’—Otis Elevator. While at the public company, Bill was in charge of Mergers & Acquisitions and the spin off of non-performing companies. Bill also worked independently with business owners to develop their companies to either continue making higher profits or to be sold. Bill is an Alumni of Harvard Business School, AMP.
Carson Bombara, Director
Prior to joining Maven Group, Carson Bombara supported the Acquisitions and Strategy Team at American Elevator Group (AEG) and worked hand-in-hand with entrepreneurs who sought to partner with a quickly growing elevator platform sponsored by a private equity investor. Conducting due diligence, negotiating purchase agreements, creating investment presentations, and assisting with integration plans, ideally prepared Carson for his current role with Maven Group.
During his time at AEG, Carson had the opportunity to work with Maven Group on several successful transactions. After learning to appreciate the tremendous value that an advisor brings to an entrepreneur who is pursuing a sale of their Company, Carson joined Maven Group at the start of 2023 to use his unique perspective of the elevator industry in North America to assist business owners with the various challenges of navigating through a merger or an acquisition.
Carson graduated from Trinity College of Hartford Connecticut in 2020 with a Bachelor’s of Science in Economics. While at Trinity, Carson was a part of the 2019 CFA Institute Research Team, which competed against various regional schools by writing an equity research report on a local, publicly traded Company. Carson also completed a Mergers and Acquisitions certification from Columbia Business School in 2022.
NEWS
MAVEN GROUP News + Media
Action Elevator Strengthens Its Mid-Atlantic Portfolio by Acquiring Century Elevator
G-Tech Elevator Associates Joins Forces with Start Elevator
Integrity Elevator Solutions Acquires Stratos Elevator, Inc.
CONTACT
Contact MAVEN GROUP to optimize your Elevator Business for the Highest Valuation Possible.
Dominik Sachsenheimer | 561.225.3320
Carson Bombara | 860.899.8545
Bill Beaury | 239.253.4500
110 Front St Ste 300
Jupiter, FL 33477