Announced
Completed
Financials
Sources
Tags
lift maintenance
Mechanical and Electrical Maintenance
Acquisition
Completed
Majority
Private Equity
Single Bidder
United Kingdom
Domestic
Private
Friendly
Synopsis
Rcapital, a private equity firm, completed the acquisition of Temple Lifts, a lift maintenance provider, from Hitachi, a Japanese multinational conglomerate corporation. Financial terms were not disclosed. "Temple Lifts is a solid business that has built a strong reputation for technical expertise and exceptional client service. We are looking forward to supporting the management team as they take the business into a new era of growth and profitability," Sam Duberley, Rcapital Investment Manager.
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