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
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	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 Marshall, President 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 Blevins, President of Excel Elevator & Escalator Corp, operating in NH, MA, CT, NY, NJ, PA, MD, DE, VA, FL

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 Thatcher, President 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 Schulz, Owner and President of Central Elevator, Portage, MI