TK Elevator - M&A Summary, Ownership, and Business Overview

MachineryCompany

TK Elevator M&A Summary

TK Elevator has acquired 12 companies of its own, including 7 in the last 5 years. It has also divested 1 asset.

TK Elevator’s largest acquisition to date was in 2021, when it acquired Sdiptech AB - Swedish Elevator Business for $28M. TK Elevator has acquired in 4 different US states, and 5 countries. The Company’s most targeted sectors include business services (59%) and machinery (42%).

TK Elevator Ownership

Who owns TK Elevator?

TK Elevator is owned by Advent International, Cinven, Omnes Capital and RAG-Stiftung. It was acquired on February 27, 2020.

Is TK Elevator PE-backed?

Yes. TK Elevator is owned by private equity investors Advent International, Cinven, Omnes Capital and RAG-Stiftung.

TK Elevator Business Overview

Where is TK Elevator headquartered?

TK Elevator is headquartered in Düsseldorf, Germany.

What sector is TK Elevator in?

TK Elevator is a machinery company.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity12
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 3

TK Elevator

TK Elevator GmbH

E-Plus Strabe 1,
Düsseldorf, 40472
Germany,
+49 211 5400413-0
www.tkelevator.com

TK Elevator is a global provider of elevators, escalators, and other innovative passenger transportation solutions. TK Elevator is based in Dusseldorf, Germany.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 6 - 6 - - - 12
vol $28M $28M
Sell (0.0/yr) # 1 - - - - - 1
  13

Most Recent M&A

Company Date Value Type
Accurate Elevator 2021-06-18 - Add-on Acquisition
Marathon, Florida · www.accurateelevators.com
Bay Elevator Ltd. 2021-05-26 - Add-on Acquisition
North Bay, Ontario · www.bayelevator.com
Direct Elevator 2021-05-26 - Add-on Acquisition
Scarborough, Ontario · www.directelevator.com
True Canadian Elevator Maintenance Co. 2021-05-26 - Add-on Acquisition
Etobicoke, Ontario · www.truecanadianelevator.ca
Albany Elevator, Inc. 2021-05-03 - Add-on Acquisition
Albany, New York · www.albanyelevatorny.com
Sdiptech AB - Swedish Elevator Business 2021-02-19 28M SEK Divestiture
Stockholm, Sweden
O'Keefe Elevator Co., Inc. 2019-07-01 - Add-on Acquisition
Omaha, Nebraska · www.okeefe-elevator.com
ThyssenKrupp Elevator - South Africa Service Business 2015-09-07 - Divestiture
, South Africa
Lift and Engineering Services Ltd. 2014-12-08 - Add-on Acquisition
Cradley Heath, United Kingdom · www.lift-engineering.co.uk
Edmonds Elevator, Inc. 2013-07-02 - Add-on Acquisition
Euclid, Ohio · www.edmondselevator.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 7 (58%) - 1 (100%) -
Machinery 5 (42%) 28M (100%) - -
Total 12 $28M 1 -

By Geo

State/Country Buy Value Sell Value
United States 5 - - -
  Florida 2 - - -
  Ohio 1 - - -
  New York 1 - - -
  Nebraska 1 - - -
Canada 4 - - -
  Ontario 3 - - -
  Alberta 1 - - -
Slovenia 1 - - -
South Africa - - 1 -
Sweden 1 28M - -
United Kingdom 1 - - -
Domestic - - - -
Cross-border 12 (100%) 28M (100%) 1 (100%) -
Total 12 $28M 1 -

Deal Values

buy # Total
< $100M 1 $28M
TOTAL $28M
Largest Sdiptech AB - Swedish Elevator Business
$28M (2021-02-19)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
2 (17%)
Divested to
Strategic(s)
100%
1 (100%)

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Related Lists for TK Elevator

Machinery Companies , Germany Companies