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H.I.G. Capital forms EverRise Lift Group

PRIVATESep 14, 2026about 3 hours ago

Acquiring Company

H.I.G. Capital

Acquired Company

EverRise Lift Group

MiamiGlen BurnieConstructionBuilding 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.

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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Strategic

ML-powered predictions for H.I.G. Capital's next move

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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 EverRise Lift Group?

EverRise Lift Group 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 EverRise Lift Group?

H.I.G. Capital's acquisition of EverRise Lift Group 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 EverRise Lift Group do?

EverRise Lift Group is an independent provider of elevator installation, maintenance, repair, and modernization services. It was formed through the combination of Action Elevator Company and All City Elevator. It is privately held, operating in Construction, and is based in Glen Burnie.

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