News

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23 06, 2022

Standard Elevator Systems Completes Acquisition of McIntosh Industries Inc.

Standard Elevator Systems (SES), a leading manufacturer and provider of products and solutions for elevators, escalators and moving walks, today confirmed the acquisition of New Jersey-based McIntosh Industries Inc., the trusted name in the rebuilding, repair and service of elevator motors and machines. The existing McIntosh Industries team, led by Peter McIntosh, Sr. and Pete McIntosh, [...]

20 06, 2022

Dominik Sachsenheimer Featured on Allred Group’s Elevator Career Podcast

Allred Group, a recruiting firm based in Atlanta, GA hosts the bi-weekly "Elevator Career Podcast". The format has been met with tremendous interest throughout the vertical transportation industry because the podcast features leading figures in the elevator trade across North America who share their journeys from the early days of their careers until their current position. [...]

28 04, 2022

3Phase Elevator Partners with Southeast Elevator

3Phase Elevator acquires commercial portfolio from Southeast Elevator and partners to provide a commercial solution for Florida CANTON, MA and FORT PIERCE, FL, April 28, 2022 – 3Phase Elevator, a leading independent elevator and escalator services provider, today announced a partnership with Southeast Elevator to service Southeast’s commercial maintenance and service customers. Operating as Excel Elevator [...]

24 09, 2021

3Phase Elevator and Hadfield Elevator Announce Merger

Hadfield joins the 3Phase family of independents, adds a strong presence in Pittsburgh and Harrisburg markets 3Phase Elevator, a leading independent elevator and escalator services provider, today announced that it has merged with Hadfield Elevator, a leading independent elevator services provider in Central and Western Pennsylvania. The merger allows 3Phase to provide geographically contiguous service to [...]

26 07, 2021

Southeast Elevator Acquires Gulfside Elevator in Naples, FL

Southeast Elevator today announced the acquisition of Gulfside Elevator and Cab Interiors LLC ("Gulfside") in Naples, FL. Southeast Elevator is based in Ft. Pierce, FL and has been servicing customers in central Florida and up and down the East coast of Florida for 26+ years. Southeast Elevator differentiates itself from other residential elevator companies as it [...]

1 07, 2021

Dominik Sachsenheimer Presents at the 2021 NAEC Educational Spring Conference

The National Association of Elevator Contractors (NAEC) hosted their annual Educational Spring Conference in Tuczon, AZ from April 18th through 21st, 2021 and asked Dominik Sachsenheimer, President of Maven Group, LLC to share his thoughts on private equity firms as new players in the elevator industry.

28 06, 2021

3Phase Elevator and West Virginia Elevator Announce Strategic Partnership

3Phase begins its midwestern expansion following investment from Berkshire Partners with a well-known market leader in West Virginia 3Phase Elevator, a leading independent elevator and escalator services provider, announced today that it has merged with West Virginia Elevator, the largest independent elevator services provider in West Virginia. This news follows 3Phase’s announcement earlier this month that [...]

26 05, 2021

TK Elevator Canada strengthens position in Ontario by acquiring three elevator companies

TK Elevator Canada has acquired three companies that specialize in elevator modernization, service and repair in Ontario – Bay Elevator, Direct Elevator and True Canadian Elevator Maintenance Company. More than 100 employees from the three companies will join TK Elevator Canada, the leading vertical transportation company in Canada. All three sellers were advised by Maven Group, [...]

18 05, 2021

Urban Elevator Acquires Aventura Elevator in Miami, FL

Urban Elevator Service ("Urban"), one of the largest independent elevator companies in the United States, announced its acquisition of Aventura Elevator ("Aventura"). Aventura is a full-service elevator contractor specializing in installing, modernizing, repairing, and maintaining all types of vertical transportation equipment, and has been serving clients across southeastern Florida since 2012. The acquisition expands Urban’s presence [...]

3 05, 2021

SCHINDLER Acquires Colorado Elevator Solutions in Denver, CO

Schindler Elevator Corporation (“Schindler”) announces the acquisition of Colorado Elevator Solutions (“CES”) based in Denver, CO. CES co-principals Chris Mezosi and Scott Brugh commented “We are very proud of the portfolio we have built in our Colorado operation over the years. Our established team will continue to service our customers with the same passion and attention [...]