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704, 2021

American Elevator Group Acquires Right Way Elevator Maintenance in St. Petersburg, FL

American Elevator Group ("AEG"), today confirmed their investment in Right Way Elevator Maintenance, Inc., the first of several anticipated acquisitions throughout Florida and the Southern United States. Established in 2012, Right Way specializes in the [...]

2303, 2021

American Elevator Group Acquires Specialist Industrial Elevator and Construction Hoist Company

American Elevator Group ("AEG"), today confirmed the acquisition of American Service Group ("American Service" or "the Company"). Established in 1996, American Service specializes in providing a comprehensive range of rack and pinon elevator solutions and [...]

2101, 2021

URBAN ELEVATOR Announces Equity Partnership with SKYDECK

Signals Future Growth and Expansion for the Established Vertical Transportation Company Urban Elevator Service, one of the largest independent elevator companies in the United States, today announced a new partnership with Skydeck Capital. Urban Elevator [...]

1512, 2020

ACTION Elevator and AVERY Elevator Announce Partnership with SOUTHWEST Elevator Company

Both Companies Signal Future Growth and Expansion across the Mid-Atlantic Region Align Capital Partners' ("ACP") elevator services platform Southwest Elevator Company (“Southwest” or the "Company") announced today several growth initiatives, including its merger with Action [...]

2707, 2020

Dominik Sachsenheimer Featured in Elevator World’s June Edition

Dear Friends, As you all know, Dominik will be too modest to share this with a wide audience, but I am very proud that Maven Group gained international recognition in Elevator World's "The People Issue [...]

2707, 2020

SLADE Elevator acquires CESCO Elevator in South Plainfield, NJ

Slade Elevator, Inc, a subsidiary of the multinational Schindler Group, announced the acquisition of Clifton Elevator Service Co., Inc. (CESCO) based in South Plainfield, NJ. Tracing its roots back to the 1930s, CESCO has been [...]

304, 2020

TEI Group Announces Equity Partnership with Analogue Holdings Limited

Signals Future Growth and Expansion for the Established Vertical Transportation Company Transel Elevator & Electric, Inc., d/b/a TEI Group, the largest independently owned and operated vertical transportation company serving the New York tristate area, is [...]

1903, 2020

Elevator Industry Update

March 2020 As we all worry about the impact of the novel Coronavirus (Covid-19) on our daily lives, Maven Group spent a good part of the week speaking with various leaders of the elevator industry [...]

701, 2020

3Phase Elevator Acquires Excel Elevator

Leading Elevator Provider in New England to Merge Operations with Long Standing New York Market Leader East Bridgewater, MA – 3Phase Elevator Corp. ("3Phase"), a New England-based independent provider of maintenance, modernization, and repair services [...]

410, 2019

Carroll Capital Acquires Elevator Service, Inc.

Acquisition Establishes Platform in Elevator Service Market Carroll Capital LLC ("Carroll Capital") announced today that it has acquired Elevator Service LLC ("Elevator Service" or "ESI") in partnership with its management team from Nate McFadden. Elevator [...]

101, 2019

SCHINDLER acquires BOESEN PLUMB Elevator Solutions in Wichita, KS

Schindler Elevator Company announces the acquisition of Boesen Plumb Elevator Solutions, Inc (BPES) based in Wichita, KS. Founded in 2008, BPES has been the largest independent elevator company in the area for many years. BPES [...]

1809, 2018

ELCON acquires TRAVELER Elevator in Jacksonville, FL

Elevator Control Service, ELCON Enterprises, Inc. announces the acquisition of Traveler Elevator based in Jacksonville, FL. Founded in 2008, Traveler is the largest independent elevator company in Jacksonville. Traveler's founder and principal Mark DeWitt commented [...]

109, 2018

DELAWARE Elevator acquires partial business of EASTERN Elevator Co. in VA, WV and MD

Delaware Elevator announces the acquisition of a portion of the commercial maintenance portfolio of Eastern Elevator Co. based in Winchester, VA. The acquired contracts span across Virginia, West Virginia and Maryland. "We will continue our [...]

105, 2018

Otis Elevator acquires Elevator Solution in Hagerstown, MD

Otis Elevator Company recently acquired Elevator Solutions, LLC which was founded by Richard and Sharon Block in Hagerstown, MD in 2009. Elevator Solutions offered elevator maintenance, repairs, and modernization as well as new Installations in [...]

103, 2018

DELAWARE Elevator of Florida, Inc. acquires COAST TO COAST Elevator, Inc.

Delaware Elevator of Florida Inc. announces the acquisition of Coast to Coast Elevator, Inc. which was founded by Joey McFarland in Pembroke Pines, FL in 2004. The acquisition will expand Delaware's presence in the Southern [...]

1603, 2017

New Ownership at Elevator Service, Inc.

Nathan D. McFadden acquired Elevator Service Inc. (ESI) from Jeffrey and Ginger DeVries earlier this month. While earning an outstanding reputation for the exceptional quality of their new construction and modernization work, ESI has provided superior elevator maintenance and repair services across Michigan for 30 years.

311, 2016

Maven Group appoints former Otis executive as President

German executive brings 20 years experience to global elevator advisory company Naples, Florida: (November 3, 2016) - Dominik Sachsenheimer has been appointed president and partner of Maven Group, LLC according to founder Bill Beaury. He [...]