Acquiring Company
Elevator Service
Acquired Company
Allrise Elevator Company
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.
- E-J Electric Announces Acquisition Of Lowy & Donnath (November 27, 2023)
- Roofed Right America Acquires Upstate Roofing & Painting (November 6, 2023)
- Comfort Systems USA Announces Acquisition (February 2, 2024)
- RW America Acquires All American Building Products (February 1, 2024)
- PirTano Construction acquires Powerlink Electric (January 25, 2024)
- Woolpert Acquires Florida-Based Architecture, Engineering, Planning, and Landscape Architecture Firm Bermello Ajamil & Partners (January 25, 2024)
Who to call at Elevator Service, and when
When Elevator Service changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Related People
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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