Deal Snapshot
3PHASE ELEVATOR ACQUIRES EXCEL ELEVATOR
Monday 13 January 2020

Massachusetts-based elevator/escalator equipment repair company 3Phase Elevator Corp. has acquired New York-based Excel Elevator and Escalator Corp, the company said.
The deal expands the 3Phase vertical transportation business to cover New Hampshire, Massachusetts, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, and Florida. 3Phase Elevator's expansion to cover 10 states reflects the execution of a long-term strategy to become the leading independent elevator company in the United States.


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Details
Date Published: 13/01/2020
Target: Excel Elevator and Escalator Corp
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: 3Phase Elevator Corp
Comment:
Terms of the deal were not disclosed

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