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:

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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!
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
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, Owner and President of Traveler Elevator, Jacksonville, FL
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