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New Deal


Announced

Completed

Arcline Investment Management completed the acquisition of Unitec Elevator from Pacific Avenue Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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elevator maintenance

Maintenance Repair and Overhaul (MRO)

Private

Completed

Friendly

Single Bidder

United States

Acquisition

Private Equity

Majority

Synopsis

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Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Unitec Elevator, an independent provider of elevator maintenance, repair, and modernization services in New York City, New Jersey, and Long Island, from Pacific Avenue Capital Partners, a Los Angeles-based private investment firm focused on corporate divestitures and other special situations in the lower middle market. Financial terms were not disclosed. "Unitec has an excellent reputation, strong management team, best-in-class capabilities, and a high-quality portfolio of elevators under maintenance. We are excited to partner with the company to support its next phase of growth through investments in technology and acquisitions," Arcline Investment Management.

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