Advisors. Consultants. Industry Experts.
Maven Group helped facilitate the following mergers and acquisitions for commercial and industrial elevator service providers, elevator suppliers and manufacturers as well as residential elevator companies. Over the years, clients with combined annual revenues well above $300,000,000 have engaged Maven Group. We usually represent sellers, but we have also helped buyers. The summary below highlights our clients in each deal:
| Year | Seller | State | Buyer |
|---|---|---|---|
| 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 |
| 2018 | Eastern Elevator | VA, MD, WV | Delaware Elevator |
| 2018 | Elevator Solutions | MD, PA, WV, VA | OTIS Elevator |
| 2018 | Coast to Coast Elevator | FL | Delaware Elevator |
| 2017 | Elevator Service, Inc. | MI | Private Investor |
We partnered up with Southwest Elevator and Align Capital Partners in 2020. Maven Group helped us find the right strategic partner to grow our business, guided our team through all negotiations and managed the diligence process. While we negotiated our own deal, Maven also advised us on the buy-side as we simultaneously acquired Avery Elevator in Washington DC. Both transactions closed during the COVID-19 pandemic and we thank Dominik and Bill for being in our corner throughout these challenging times!
John MarshallPresident of Action Elevator Company, Millersville, MD
Thanks to their unique perspective on the industry, Maven Group played a crucial role when we sold our company to 3Phase Elevator / Fort Point Capital in 2019. We are very grateful for their advice and guidance throughout the process.
Steve BlevinsPresident of Excel Elevator & Escalator Corp, operating in NH, MA, CT, NY, NJ, PA, MD, DE, VA, FL
When we sold our company to HYPERION Solutions in 2022, Maven Group became an invaluable asset for my team during this process. Selling a family business to a seasoned team of private equity professionals can be overwhelming. Dominik Sachsenheimer functioned as my constant sounding board, helped me, my family, and my accountant on many of the diligence streams, advised on contract terms, calmly provided the 30,000ft perspective when minutiae became hotly contested, and ultimately pushed all the right buttons to move this transaction across the finish line.
Carlos Escobar Jr.President Titan Machine Corp., Long Island City, NY
Maven Group’s support was invaluable when we sold our company to American Elevator Group in 2021: Their team initiated a very efficient marketing process tailored to our unique situation as service provider for industrial elevators. After receiving various attractive offers, Maven Group helped us select the best partner and competently guided us through the diligence process until closing while being available for questions and advice 24/7. We thank everyone involved for facilitating this transaction in such a professional manner.
Tom ThatcherPresident of American Service Group, Rockport, IN
I sold my company to Otis in 2016. Without Dominik’s guidance I would have found the whole process overwhelming and might have walked away from the deal several times. He stayed calm, always pointed me in the right direction and went way beyond what I had expected. I tried to sell my business before but a deal fell through. Dominik’s balanced approach and mitigation between all parties enabled us to close a transaction that was the best for me and my family.
Sue SchulzOwner and President of Central Elevator, Portage, MI
We want to thank Maven Group for facilitating the sale of our company to Southeast Elevator in 2021. The Maven team seamlessly transferred their unique knowledge of the M&A market for commercial elevator companies to this transaction in the residential space. Their advice to all the members of our ownership group was invaluable throughout the process from start to finish.
John AndrewsPresident of Gulfside Elevator and Cab Interiors LLC in Naples, FL
