M&A Deal Summary

Vantage Acquires Elevator Controls

On June 7, 2018, Vantage acquired machinery company Elevator Controls

Acquisition Highlights
  • This is Vantage’s 1st transaction in the Machinery sector.
  • This is Vantage’s 3rd transaction in the United States.
  • This is Vantage’s 2nd transaction in California.

M&A Deal Summary

Date 2018-06-07
Target Elevator Controls
Sector Machinery
Buyer(s) Vantage
Deal Type Add-on Acquisition

Target

Elevator Controls

Sacramento, California, United States
Elevator Controls Corp. is a provider of a comprehensive range of elevator control solutions, including the highly regarded “Pixel” controller line. Elevator Controls was founded in 1986 and is based in Sacramento, California.

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Buyer(S) 1

Buyer

Vantage

Bronx, New York, United States

Category Company
Founded 1927
Sector Machinery
DESCRIPTION

Vantage is a North American elevator component manufacturer, providing a broad portfolio of made-to-order parts that includes nearly every electromechanical component used in elevator systems: door operators and associated door equipment, geared and gearless traction machines, universally compatible microprocessor controllers, safety components, signal fixtures, push button panels, and structural assemblies. Vantage sells its products to independent elevator service companies and OEMs engaged in the installation, maintenance and modernization of elevators. Vantage was founded in 1927 and is based in Bronx, New York.


DEAL STATS #
Overall 3 of 3
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-19 Bore-Max

El Monte, California, United States

Bore-Max Corp. is a provider of heavy-duty hydraulic elevator components primarily for customers in California and other western states. The Company designs and manufactures a variety of custom hydraulic elevator components, including pump units, jacks, slings and platform packages.

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