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Crexendo acquires ESI to enhance telecom services

PUBLIC · CXDOAug 12, 2026

Acquiring Company

Crexendo

Acquired Company

Elevator Service

TempeGrand RapidsInformation TechnologyHardwareSoftwareConstructionBuilding MaintenanceBuilding Material

Description

Crexendo has announced its acquisition of ESI, significantly contributing to its revenue growth in the telecom sector. The acquisition has enabled Crexendo to enhance its service offerings and drive higher margins. ESI's integration is anticipated to deliver further operational efficiencies and growth opportunities. Following this acquisition, Crexendo reported a strong financial performance in Q2 2026.

Company Information

Company

Crexendo

Location

Tempe, Arizona, United States

About

Crexendo, Inc. is an award-winning software technology company and a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings.

Fundz sees it the moment Crexendo makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Elevator Service?

Elevator Service was acquired by Crexendo, based in Tempe. The deal was reported on August 12, 2026. Crexendo, Inc. is an award-winning software technology company and a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings. Crexendo is publicly traded (CXDO) and operates in Information Technology.

When did Crexendo acquire Elevator Service?

Crexendo's acquisition of Elevator Service was reported on August 12, 2026. Crexendo has announced its acquisition of ESI, significantly contributing to its revenue growth in the telecom sector. The acquisition has enabled Crexendo to enhance its service offerings and drive higher margins. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Elevator Service do?

Elevator Service Inc. specializes in elevator installation and maintenance services. The company focuses on providing quality service and innovative solutions. With a strong presence across multiple states, it aims to expand its reach and capabilities. It is privately held, operating in Construction, and is based in Grand Rapids.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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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 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.