Advisors. Consultants. Industry Experts.
Maven Group, LLC offers a complete range of consulting services for independent elevator companies, all of which provide clients with the ability to run and grow their business more efficiently. Please browse our services and contact us with any further inquiries.
Maven Group’s first and foremost mission is to represent the interests of independent elevator companies. One of the primary ways of doing this is by helping owners and managers better understand proper procedures, programs and methods to get the most out of their services and teams.
Guidance is provided for those companies looking to sell in the future as well as for those who may never consider selling. Unlike other consulting groups, Maven Group acts as both a facilitator and an active participant throughout the entire endeavor. Target driven guidelines of what must be done to optimize your business will be provided, as well as the best ways to enact the proposed changes.
No matter what your company’s objectives may be, either to increase profits, to buy a competitor or to sell all or part of the business, Maven Group’s expertise will help you tremendously on your journey to achieving your goals.
As an owner, the decision to sell can be difficult. While the financial benefits are attractive, it is vital not to rush a sale. In the end, it’s well worth hiring an experienced consultant to guide you through the process and all the potential pitfalls—as every little detail could mean thousands (sometimes millions) of dollars lost or gained.
Maven Group will get your business in its best shape possible in preparation for a sale. Lack of preparation is the leading cause for deals to fail. Throughout the process we will focus on maximizing your profit while protecting your current employees.
To ensure your business is completely prepared, we will not just talk through high level problems, we will dig into customer data and accounting to provide facts and highlight opportunities. At Maven Group, we are confident that our exclusive sell-side solutions will give you and your company the optimal exit strategy.
Maven Group offers clear and articulate valuations. Valuations are based on the information a company provides in collaboration with our expert knowledge of the industry, current trends among the various buyers and comparable transactions in the past. We will provide attention to detail and in-depth analysis while keeping your information confidential at every stage of the process.
Valuations are crucial in all stages of the buying and selling process, even when partners discuss an internal buyout. Whether you are contemplating a sale in the near future or just need advice on how to optimize your performance for a sale 5 or 10 years down the road, you will greatly benefit from our professional guidance.
To better understand how Maven Group works, please review this summary of our m&a process:
- Evaluation of all segments and procedures of the business
- Expansion or retraction—which lines of business to keep and which to discontinue
- Improve profitability
- Determine a sale timeline
- Create comprehensive sales material to present the company to potential buyers
- Develop prospective buyer list and obtain non disclosure agreements
- Coordinate a bid process between buyers to maximize the final valuation
- Manage the diligence process until closing
When Skydeck Capital acquired a minority stake in Urban Elevator Service, Maven Group helped us through the entire process from start to finish while maintaining the highest level of confidentiality. Maven’s team took the time to understand what we really wanted, created a tailored marketing process, and guided us from initial negotiations until closing day. It was crucial to have an experienced advisor by our side throughout the stressful and challenging process commensurate with a sizeable transaction.Rene HertsbergCEO, Urban Elevator Service, IL, IN, TX, AZ, CO
We engaged Maven Group in 2021 when we sold our three portfolio companies based in Ontario, Canada to TK Elevator: Bay Elevator, Direct Elevator and True Canadian Elevator Maintenance. Maven Group’s unique connections throughout the elevator industry allowed us to identify the best buyer at the end of a competitive bid process. We thank Maven for their measured and thoughtful guidance from the time they brought our three companies to market until closing.Elroy GustPresident and CEO of Newlook Capital based in Toronto, Ontario (Canada)
We sold our company to American Elevator Group (AEG) in 2022. Working on a merger in times of general economic uncertainty and tightening credit markets added various layers of complexity to the always demanding processes of diligence and closing a transaction. We couldn’t have mastered these tasks without Maven Group’s measured mitigation and advice which ultimately helped all parties achieve their respective goals.Sean MaddenPresident of Madden Elevator Co, Louisville, KY and incoming Vice President of the National Association of Elevator Contractors (NAEC)
We sold portions of our company to DELAWARE Elevator in 2018 and to AREA ACCESS in 2019. Dominik’s and Bill’s guidance and assitance throughout the journey was truly invaluable.Thank you both again for everything you did!Beth ClarkeOwner of Eastern Elevator, Winchester, VA
We had worked with Maven Group on various residential elevator transactions in the past, so we were very confident in their ability to help us when we sold our commercial maintenance portfolio to 3PHASE Elevator in 2022. The Maven team did an amazing job finding the perfect match for our customers and got the deal done in an unusually quick timeline.Tim FischerCEO Southeast Elevator, Fort Pierce, FL
Maven Group helped us tremendously when we sold our company in 2019. Dominik and Bill brought various bidders to the table and we ultimately decided to go with a non-traditional buyer. Maven guided us through every step of the process by ensuring open communication with everyone involved in the project. We couldn’t have gotten this done without their industry knowledge and their connections!Rod BarrettOwner of American Elevator, Inc, Anderson, IN