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Esi Acquires Allrise Elevator Company, Based In St. Louis, Missouri

PRIVATEDec 19, 2023

Acquiring Company

Elevator Service

Acquired Company

Allrise Elevator Company

Grand RapidsSt. CharlesConstructionBuilding MaintenanceBuilding MaterialBuilding Maintenance

Description

Elevator Service LLC ("ESI"), a leading elevator service platform in the Midwest and Southeast, has acquired Allrise Elevator Company ("Allrise"), a leading independent service provider in the greater St. Louis market. This investment is ESI's sixth add-on acquisition in the last two years. ESI now operates in nine Midwestern markets and one market in the Southeast. Following the acquisition, Allrise will continue to operate with the same branding and the same commitment to customer service.

Quick answer

Elevator Service is acquiring Allrise Elevator Company, announced December 19, 2023. Elevator Service is based in Grand Rapids, Michigan, United States.

How much did Elevator Service pay for Allrise Elevator Company?
The deal value was not disclosed.
What does Elevator Service do?
Elevator Service Inc. specializes in elevator installation and maintenance services.
Where are Elevator Service and Allrise Elevator Company based?
Elevator Service is based in Grand Rapids, Michigan, United States. Allrise Elevator Company is based in St. Charles, Missouri, United States.
Who are the decision-makers at Elevator Service?
Fundz holds 1 contact at Elevator Service. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Construction and Building Maintenance

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Elevator Service

Location

13900 NW SCIENCE PARK DR

Grand Rapids, Michigan, United States

About

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.

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Frequently asked

Who acquired Allrise Elevator Company?

Allrise Elevator Company was acquired by Elevator Service, based in Grand Rapids. The deal was reported on December 19, 2023. Elevator Service Inc. specializes in elevator installation and maintenance services. The company focuses on providing quality service and innovative solutions. Elevator Service is privately held and operates in Construction.

When did Elevator Service acquire Allrise Elevator Company?

Elevator Service's acquisition of Allrise Elevator Company was reported on December 19, 2023. Elevator Service LLC ("ESI"), a leading elevator service platform in the Midwest and Southeast, has acquired Allrise Elevator Company ("Allrise"), a leading independent service provider in the greater St. Louis market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Allrise Elevator Company do?

Allrise Elevator Company has been providing elevator maintenance, repair, modernization, and new equipment installation since 2014. For additional information, visit www.allriseelevatorcompany.com/ It is privately held, operating in Building Maintenance, and is based in St. Charles.

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