Acquiring Company
Elevator Service
Acquired Company
Metro Elevator
Grand RapidsConstructionBuilding MaintenanceBuilding MaterialBuilding MaintenanceDescription
Elevator Service LLC ("ESI"), a leading elevator service provider in the Midwest, announced today that it has acquired Metro Elevator, Inc ("Metro Elevator"), a leading independent services provider in the Minneapolis and St. Paul, MN market, from its owners Brad and Sue Hanson. This investment marks ESI's fourth add-on acquisition in the last two years. ESI now operates in nine markets across the Midwest.
Quick answer
Elevator Service is acquiring Metro Elevator, announced September 5, 2023. Elevator Service is based in Grand Rapids, Michigan, United States.
- How much did Elevator Service pay for Metro Elevator?
- 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 Metro Elevator based?
- Elevator Service is based in Grand Rapids, Michigan, 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.
- Mbp Group Acquires Summit Stairs And Millwork (September 6, 2023)
- Dream Finders Homes Acquires Beazer Homes USA (October 11, 2023)
- Hci Equity Partners-Backed Highland Commercial Roofing Acquires Skycraft Roofing (August 11, 2023)
- North American Construction Group Closes Acquisition Of Mackellar Group And Establishes Transition Team (October 4, 2023)
- Spruce Power Acquires Portfolio Of 2,400 Residential Solar Systems And Contracts (August 21, 2023)
- Cornerstone Building Brands Acquires Quebec-Based Metal Siding And Roofing Company, Mac Metal Architectural (August 17, 2023)
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.
- An alert the day Elevator Service raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elevator Service, from your own LinkedIn network
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Frequently asked
Who acquired Metro Elevator?
Metro Elevator was acquired by Elevator Service, based in Grand Rapids. The deal was reported on September 5, 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 Metro Elevator?
Elevator Service's acquisition of Metro Elevator was reported on September 5, 2023. Elevator Service LLC ("ESI"), a leading elevator service provider in the Midwest, announced today that it has acquired Metro Elevator, Inc ("Metro Elevator"), a leading independent services provider in the Minneapolis and St. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Metro Elevator do?
Metro Elevator is an elevator service company based in Hopkins, Minnesota. The Company has been providing elevator maintenance, repair, and modernization in the Minneapolis and St. Paul markets since 1990. It is privately held, operating in Building Maintenance.
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