Transactions
Advisors. Consultants. Industry Experts.
Maven Group helped facilitate the following mergers and acquisitions. We usually represent sellers, but we have also helped buyers. The summary below highlights our clients in each deal:
| Year | Seller | State | Buyer |
|---|---|---|---|
| 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!
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.
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.
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.