.
MergerLinks Header Logo

New Deal


Announced

Completed

Berkshire Partners-backed 3Phase Elevator completed the merger with Advanced Elevator.

Financials

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

Tags

Edit

Private

Merger

Completed

Majority

Single Bidder

Machinery: Specialty

Domestic

Acquisition

elevator and escalator services

Private Equity

United States

Friendly

Synopsis

Edit

Berkshire Partners-backed 3Phase Elevator, an independent elevator and escalator services provider, completed the merger with Advanced Elevator, a provider of elevator and escalator services. Financial terms were not disclosed. The combined company adds to 3Phase’s geographic expansion and allows Advanced to leverage 3Phase’s key digital capabilities and automation.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US