Kings III Emergency Communications, a portfolio company of Arcline Investment Management, announced today that it has acquired the elevator diagnostics and intelligence technology behind Lift AI One from Lift AI, including its IoT sensing platform, embedded analytics, and related intellectual property. The acquisition expands Kings III’s growing portfolio of technologies with advanced diagnostics capabilities designed to enhance reliability, visibility, and the customer experience across vertical transportation systems. Maven Group served as advisors to Lift AI, terms of the transaction were not disclosed.
Since 1989, Kings III has helped customers respond when something goes wrong. Through LiftNet, the company has expanded its capabilities beyond emergency communications to provide connectivity and operational visibility across elevator systems. The acquisition of the technology behind Lift AI One represents the next evolution of that journey, bringing additional intelligence and visibility to elevator operations and furthering Kings III’s vision for a more connected elevator ecosystem.
The technology complements LiftNet’s controller-based telemetry by extending visibility beyond the controller through intelligent sensing and analytics. Together, these capabilities provide a more complete picture of elevator performance across a broader range of equipment. The technology expands the applications for elevator monitoring and telemetry, enabling Kings III and LiftNet to deepen partnerships with elevator service providers, building owners, and property managers as they work to optimize vertical transportation assets and enhance tenant experiences.
“Customers don’t want less information about their elevators – they want more,” said Norm Nelson, CEO of Kings III Emergency Communications. “As expectations around uptime and tenant experience continue to rise, we believe the future belongs to proactive notification systems that provide greater awareness and actionable insights. Through Kings III, LiftNet, and now these new capabilities, we’re continuing to build a more intelligent and connected elevator ecosystem that provides a trusted operational view of elevator performance in real time. Because the goal isn’t just more data. It’s less stress and fewer surprises for our customers.”
“From the beginning, our vision for Lift AI One was to help the industry move beyond simply reacting to shutdowns and toward greater awareness of elevator performance and emerging issues,” said Rob Wurth, Founder and CEO of Lift AI. “The future of elevator management will be driven by data, connectivity, and intelligent insights, and Lift AI One was created with that future in mind. Kings III shares that vision and has built a reputation around delivering peace of mind and exceptional service. We believe they are uniquely positioned to continue advancing the technology and bring its capabilities to a broader audience.”
Kings III has continued to expand beyond emergency communications and invest in technologies that provide greater visibility into elevator operations. Coupled with the 2025 acquisition of LiftNet, the addition of these new capabilities represents another step toward a more connected approach to vertical transportation, bringing together communications, connectivity, telemetry, and intelligent diagnostics to help customers and partners better understand, manage, and maintain one of their most critical building systems.
Rob Wurth added “Maven Group certainly earned their seat on this deal. Their team has strong relationships across the industry and brought us several credible potential partners, which gave us a real field to work from. Once we entered into the transaction with Kings III, Maven Group masterfully steered us through the diligence process and supported us and our attorney until the purchase agreement was executed. A carve-out of this complexity has a lot of moving parts, and Maven Group kept every one of them on schedule, so a big ‘thank you’ to the team!”
To learn more about Maven Group, LLC, please contact us directly:
Dominik Sachsenheimer (561) 225-3320, dominik@mavenelevator.com
Carson Bombara (860) 899-8545, carson@mavenelevator.com
Bill Beaury (239) 253-4500, bill@mavenelevator.com
www.mavenelevator.com
About Kings III Emergency Communications
Since 1989, Kings III Emergency Communications has been a leading provider of emergency communications and life-safety solutions for elevators and other critical applications. Through its turnkey solutions and nationwide support infrastructure, Kings III helps building owners and property managers with risk reduction, code compliance, and a first-class tenant experience. With a longstanding commitment to innovation and delivering peace of mind, Kings III continues to invest in technologies that help customers better protect and manage their most critical assets. Headquartered near Dallas, Texas, Kings III is consistently recognized as a top place to work and is a portfolio company of Arcline Investment Management. Learn more at kingsiii.com.
About LiftNet
LiftNet, a Kings III brand, provides real-time telemetry, remote monitoring, control, and operational visibility across elevator systems. Designed to integrate across every major elevator manufacturer, LiftNet helps building owners and service providers gain deeper insight into elevator performance and operations, extends vertical transportation data into building management systems, and enables smarter building strategies. Learn more at liftnet.com.
About Lift AI
Lift AI is a software company building solutions and services that reimagine elevator maintenance and management. By combining deep vertical transportation expertise with modern software and data technologies, Lift AI helps customers improve transparency, simplify portfolio management, and make more informed decisions. Its platform unifies information across contracts, invoices, tickets, and compliance to help building owners and service partners drive reliability, accountability, and performance across their elevator portfolios. Learn more at liftai.com.
About Arcline Investment Management
Arcline Investment Management is a private investment firm with over $30 billion in assets under management. Arcline seeks to build the next generation of Industrial Compounders—market-leading, mission-critical industrial platforms designed to consistently compound earnings over decades. For more information, visit www.arcline.com.
