Add-on Acquisition • Business Services

3Phase Elevator Acquires Allied Elevator

On September 12, 2018, 3Phase Elevator acquired business services company Allied Elevator

Acquisition Context
  • This is 3Phase Elevator’s 1st transaction in the Business Services sector.
  • This is 3Phase Elevator’s 1st transaction in the United States.
  • This is 3Phase Elevator’s 1st transaction in New Jersey.

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M&A Deal Summary

Date September 12, 2018
Target Allied Elevator
Sector Business Services
Buyer(s) 3Phase Elevator
Deal Type Add-on Acquisition

Target Company

Allied Elevator

Pennsauken, New Jersey, United States
Allied Elevator LLC is a provider of elevator repair and maintenance services throughout the Boston metro area. Allied Elevator was founded in 2009 and is based in Pennsauken, New Jersey.
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Buyer Overview 1

Buyer

3Phase Elevator

Canton, Massachusetts, United States

Category Company
Founded 1996
Sector Business Services
DESCRIPTION

3Phase Elevator is an independent provider of elevator maintenance, repair, and modernization services. 3Phase Elevator was founded in 1996 and is based in Canton, Massachusetts.


Deal Context for Buyer #
Overall 1 of 6
Sector: Business Services 1 of 6
Type: Add-on Acquisition 1 of 5
State: New Jersey 1 of 1
Country: United States 1 of 6
Year: 2018 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-07 Excel Elevator & Escalator

Staten Island, New York, United States

Excel Elevator & Escalator Corp. is an elevator repair, service and modernization, and escalator Repair Service. Excel Elevator & Escalator is based in Staten Island, New York.

Buy -