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H.I.G. Capital forms EverRise Lift Group

PRIVATESep 14, 2026

Acquiring Company

H.I.G. Capital

Acquired Company

Action Elevator

MiamiMarylandConstructionBuilding Maintenance

Description

H.I.G. Capital has announced the formation of EverRise Lift Group through the combination of Action Elevator Company and All City Elevator. This merger creates one of the largest independent elevator service providers in the U.S. The new platform will enhance modernization capabilities and pursue strategic acquisitions under the leadership of CEO Christopher J. Smith.

Quick answer

H.I.G. Capital is acquiring Action Elevator, announced September 14, 2026. H.I.G. Capital is based in Miami, Florida, United States.

How much did H.I.G. Capital pay for Action Elevator?
The deal value was not disclosed.
What does H.I.G. Capital do?
H.I.G. is a leading global alternative assets investment firm with $45 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and..
Where are H.I.G. Capital and Action Elevator based?
H.I.G. Capital is based in Miami, Florida, United States. Action Elevator is based in Maryland, United States.

Source: Fundz verified event record.

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Company Information

Company

H.I.G. Capital

Location

Miami, Florida, United States

About

H.I.G. is a leading global alternative assets investment firm with $45 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach.

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Frequently asked

Who acquired Action Elevator?

Action Elevator was acquired by H.I.G. Capital, based in Miami. The deal was reported on September 14, 2026. H.I.G. H.I.G. Capital is privately held.

When did H.I.G. Capital acquire Action Elevator?

H.I.G. Capital's acquisition of Action Elevator was reported on September 14, 2026. H.I.G. Capital has announced the formation of EverRise Lift Group through the combination of Action Elevator Company and All City Elevator. This merger creates one of the largest independent elevator service providers in the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Action Elevator do?

Action Elevator is a regional independent elevator services company serving building owners and property managers throughout the Mid-Atlantic region. It is privately held, operating in Construction, and is based in Maryland.

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