Case Studies

TEI Group, New York, NY :

TEI Group generates revenues well above $100M and engaged Maven Group in 2020 to sell a portion of the company to Analogue Holdings Limited, based in HongKong. TEI’s management team relied on Maven’s unique knowledge of the M&A landscape in the elevator trade to ensure a fair valuation as well as a smooth process across two countries and continents.

Elevator Service, Inc., Grand Rapids, MI

Elevator Service Inc. sold the majority of its asset to a private equity firm in 2019. Maven Group represented the seller from start to finish, marketed the company to various elite investors, and led all parties involved through a very efficient diligence process. Owner Nate McFadden had engaged Maven Group as buy side advisor when he acquired the company in 2017.

Elevator Solutions, Inc., Hagerstown, MD

Elevator Solution closed a “classic deal” with a major international elevator company in 2018. Maven Group ran a comprehensive program from detailed preparation to gathering bids from various interested buyers through the diligence process until closing.

American Elevator, Inc., Indianapolis, IN

American Elevator was sold in 2019. Maven Group represented the seller and found a unique buyer outside of the “majors” or private equity firms. Throughout the sales process, Maven Group helped both sides reach a true win-win situation for both sides. Maven continues to support American Elevator as consultant for the new ownership group.

We engaged Maven Group in 2020 and sold our business to Slade/SCHINDLER. Dominik and Bill prepared us during various in-person meetings and helped us select the best buyer by creating a competitive bid environment. They also guided us through the diligence process and supported our attorney at all the critical junctions of the transaction. We could not have sealed the deal without Maven Group’s professional help!
Mike Ryan, President, Clifton Elevator Service Co (CESCO), New Plainfield, NJ
When we sold our company to ELCON in 2018 and went from being a merrit shop to a unionized company, Maven Group’s advice was crucial in helping us structure a unique deal that will benefit both parties for years to come.
Mark DeWitt, President and Owner of Traveler Elevator, Jacksonville, FL