Fundz
Funding, M&A and exec moves matched to your market — guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

L.T. Elevator to acquire 66.45% of Dongyang PC

PRIVATEAug 19, 2026•about 5 hours ago

Acquiring Company

L.T. Elevator Ltd

Acquired Company

Dongyang PC

AssamSouth KoreaManufacturingTransportationSecurity

Description

L.T. Elevator Ltd has signed an agreement to acquire a 66.45% stake in Dongyang PC Inc., a Korean parking technology firm. This acquisition aims to leverage Dongyang PC's technology alongside L.T. Elevator's manufacturing capabilities. The deal will enhance L.T. Elevator's portfolio in automated parking solutions. Following the transaction, Dongyang PC will become a subsidiary of L.T. Elevator.

Company Information

Company

L.T. Elevator Ltd

Location

Assam, India

About

L.T. Elevator Ltd is a company that specializes in the manufacturing and sales of elevators. They have recently undergone significant revenue growth and are expanding their market to include direct-to-consumer sales. The company is strategically investing in infrastructure to boost production capacity. L.T. Elevator aims to enhance operational efficiency and capture greater market share.

Don't miss L.T. Elevator Ltd's next move

Get an email the moment L.T. Elevator Ltd makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Related People

Choose your plan to reveal verified contacts

Predictive Intelligence
Strategic

ML-powered predictions for L.T. Elevator Ltd's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Dongyang PC?

Dongyang PC was acquired by L.T. Elevator Ltd, based in Assam. The deal was reported on August 19, 2026. L.T. Elevator Ltd is a company that specializes in the manufacturing and sales of elevators. They have recently undergone significant revenue growth and are expanding their market to include direct-to-consumer sales. L.T. Elevator Ltd is privately held and operates in Manufacturing.

When did L.T. Elevator Ltd acquire Dongyang PC?

L.T. Elevator Ltd's acquisition of Dongyang PC was reported on August 19, 2026. L.T. Elevator Ltd has signed an agreement to acquire a 66.45% stake in Dongyang PC Inc., a Korean parking technology firm. This acquisition aims to leverage Dongyang PC's technology alongside L.T. Elevator's manufacturing capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dongyang PC do?

Dongyang PC Inc. is a leading provider of mechanical and automated parking systems. Established in 2002, it operates globally under brands like SMART PARKING and ACE PARKING. It is privately held, operating in Security, and is based in South Korea.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.