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New Deal


Announced

Completed

Plexus Capital completed the acquisition of a majority stake in Southern Elevator.

Synopsis

Plexus Capital, a provider of capital for the lower middle market, completed the acquisition of a majority stake in Southern Elevator, an elevator maintenance service provider. Financial terms were not disclosed. "Southern Elevator has been a strong established elevator service company serving the Carolinas and Virginia for 74 years," Christopher Short, Southern Elevator CEO.

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