Press Room
- Details
Saint Petersburg, FL, April 6th, 2021 – American Elevator Group (“AEG”), today confirmed their investment in Right Way Elevator Maintenance (“Right Way” or “the Company”), the first of several anticipated acquisitions throughout Florida and the Southern United States.
Established in 2012, Right Way specializes in the maintenance, modernization, and repair of all types of elevators, throughout Florida.
Ryan Coley, President and CEO of Right Way, is justly proud of the company’s commitment to safety, recognizing that employee training is the top priority for their business. “As a former Marine, I was trained to prioritize the safety of myself and my team, without compromise. I am delighted that AEG subscribes to those same values, and I sincerely look forward to our future together.”
Robert Schaeffer, CEO of D & D Elevator, who will be working closely with Ryan and the Right Way team, commented “Adding Right Way to American Elevator group adds true value to both parties. AEG continues to grow at an impressive rate, and adding the ability to service customers in Florida as part of their overall business scope represents a significant step forward.”
About American Elevator Group
American Elevator Group is a collection of trusted, highly reputable, select elevator service companies. Their key focus is to deliver exceptional customer value while covering all industry specialisms, from legacy maintenance and repair services to high-technology installations and modernizations.
www.americanelevator.com
www.rightwayelevator.com
www.ddelevatorcom
Contact (For Press Inquiries Only):
John Curzon
This email address is being protected from spambots. You need JavaScript enabled to view it.
(917) 267-7769
- Details
Rockport, IN, March 23rd, 2021 – American Elevator Group (“AEG”), today confirmed the acquisition of American Service Group (“American Service” or “the Company”).
Established in 1996, American Service specializes in providing a comprehensive range of rack and pinon elevator solutions and maintenance services, supporting industries including power generation, cement production and high-rise construction throughout the Midwest, Eastern and Southern United States.
Recently appointed American Service President Bill Lawson, a seasoned elevator industry professional, welcomed the acquisition and the opportunities it provides, saying “American Service is a well-regarded business, operating within a niche part of the larger elevator marketplace. Supporting industrial plants that must operate continuously is a demanding, but highly rewarding business. Now, with the support of American Elevator Group, we have the resources available to expand American Service Group’s services across the entire country.”
C. Mark Boelhouwer, AEG’s President added “American Service joining AEG increases our ability to better serve customers with a wider portfolio of services. A bonus for us will be the ability to offer our traditional elevator services alongside American Service, with shared facilities planned for Houston, Texas and other locations yet to be confirmed.”
###
About American Elevator Group
American Elevator Group is a collection of trusted, highly reputable, select elevator service companies. Their key focus is to deliver exceptional customer value while covering all industry specialisms, from legacy maintenance and repair services to high-technology installations and modernizations.
www.americanelevator.com
www.asgelevators.com
Contact (For Press Inquiries Only):
John Curzon
This email address is being protected from spambots. You need JavaScript enabled to view it.
(917) 267-7769
www.curzoncreative.com
- Details
Overflow Warehouse Space Lays Groundwork for Future Growth
For Immediate Release
BENSENVILLE, IL (March 16, 2021) – Today Colley Elevator Co. officially announced the expansion of its Bensenville office with the acquisition of 7,000 sqf of overflow warehouse space. Located in a neighboring facility at 232 William Street, the additional capacity is added to its previous 14,000 sqf space, enabling the company to expand its footprint in the Chicagoland market.
As one of the largest independent elevator contractors in the Chicagoland area, the increased space is needed to store larger elevator components as the company broadens its new installation and modernization portfolio. It will enable Colley Elevator to separate inventory for its larger projects from the replacement parts needed to service the nearly 1900 elevators under maintenance contracts.
“We’ve seen an extraordinary amount of organic growth in the past few years”, says Craig Zomchek, the company’s Managing Partner, “The expansion became necessary to ensure we continue providing top-notch support to our customer base. We strive to be the preferred service provider in the low- to mid-rise maintenance and modernization categories. This investment will enable us to continue that growth.”
The company is planning an open house to showcase the new facility. Details will be announced at a later date.
####
About Colley Elevator Company
Established in 1908, Colley Elevator Company is the longest operating independent elevator company in the Chicago area. Based in Bensenville, IL, the midsized contractor provides a comprehensive range of services including maintenance, repair, modernization, and new installations.
With a focus on low to midrise conveyances, Colley Elevator maintains approximately 1900 elevators in its portfolio. The company works with building owners and facility managers to optimize safety, enhance value, and meet the challenging demands of their vertical transportation equipment. With a commitment to installing non-proprietary materials, Colley’s service technicians have several years’ experience working on a variety of elevator brands.
In 2019 and 2020, Colley Elevator earned back-to-back Best Contractor – North awards from Elevator World, Inc. Presented annually, the award is designed to celebrate companies that “go above and beyond for their customers, employees, communities, and the industry as a whole”.
To subscribe to the Colley Elevator newsletter, go to http://www.colleyelevator.com/mail-subscription/.
To follow the Colley Elevator LinkedIn page, go to https://www.linkedin.com/company/colley-elevator-company
Media Contact:
Cathy Hayat
Marketing
T: 630-766-7230 x114
This email address is being protected from spambots. You need JavaScript enabled to view it.
http://colleyelevator.com
- Details
Acquisition broadens Vantage’s product portfolio and provides platform for growth in the Northwest market
BRONX, NY – March 2, 2021 – Vantage Elevator Solutions (“Vantage”), a leading North American designer, manufacturer and distributor of elevator components and systems, and a portfolio company of Golden Gate Capital, today announced that it has acquired Vertical Dimensions LLC (“VD”). VD will continue to be led by President Steve McBride and will remain headquartered in Tukwila, Washington.
Established in 2002, Vertical Dimensions supplies best-in-class shippable elevator interiors to customers across the United States, with an established presence in the Northwest region. VD’s patented Quick Cab line includes 17 standard elevator interiors built to facilitate rapid, accurate and easy installation. Additionally, VD offers fully customized interiors designed to suit any building aesthetic and ensure a unique passenger experience. VD’s product design also reduces installation time, maximizing efficiency for elevator contractors and building owners.
Ron Cauchi, President and CEO of Vantage, said, “We are thrilled to welcome Steve and his talented team to Vantage’s portfolio of companies. This acquisition enables Vantage to extend our product offering into high-quality elevator interiors and provides a compelling growth opportunity in the attractive Northwestern market. We are very impressed by VD’s strong reputation for fast installation, beautiful custom designs and outstanding customer service. We are also excited to offer Vertical Dimensions elevator interior products as a part of our expanding RENEW modernization solutions.”
Mr. McBride added, “We are pleased to join Vantage and leverage our respective markets and sales capabilities to serve our many valued customers. As part of Vantage, we will have the opportunity to significantly expand our market and deliver our best-in-class elevator interiors to more buildings across North America.”
###
About Vantage Elevator Solutions
Vantage Elevator Solutions is North America’s leading independent manufacturer of elevator components and systems for new equipment applications, equipment upgrade projects and service replacement parts. Vantage is comprised of seven business units including GAL Manufacturing Company and GAL Canada; Hollister-Whitney Elevator Corporation; Elevator Controls Corporation; Courion; Bore-Max; Thames Valley Controls. Through its brands, Vantage supplies almost all electro-mechanical devices used in contemporary elevators. Vantage sells its products to a diverse range of customer types including hundreds of independent elevator contractors, in addition to several well-known multi-national elevator companies. Founded in 1927, the Vantage group employs approximately 1,000 staff in multiple locations across the United States, Canada and the United Kingdom.
About Golden Gate Capital
Golden Gate Capital is a San Francisco-based private equity investment firm with over $17 billion of committed capital. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Notable investments sponsored by Golden Gate Capital include Active Minerals, ANGUS, Cole-Parmer and Covia.
- Details
Minden, NV– On February 24, 2021 Maxton Manufacturing Company launched its new website (phase 1 of 2) with a user driven focus towards accessing the most valued features intuitively and quickly. Whether you are looking for technical information, to size a valve, order online, get a quote, it can be done with ease. Login or register today and gain the full experience of Maxton’s new website.
“We were seeking the optimal online customer experience when it comes to account management, ordering and gaining quick access to the correct products, specifications, and forms for the job at hand. We hope we achieved our goal, and this encourages more of our customers to take advantage of this invaluable resource,” said Karl Keller Maxton’s Marketing Director.
Coming soon: Initially the storefront will remain as is with expected upgrades coming later in the year (phase 2) to integrate with our new ERP system. Additionally, in phase 2 every registered elevator professional will gain access to a fully updated Maxton Valve Adjustment Software. So, be sure to call out your co-workers and polish your skills through online valve adjustment, on the clock, with ranking, and bragging rights. Nothing like some healthy learning and competition. Stay tuned!
With over 50+ years of elevator industry experience Maxton Manufacturing Company grew into a worldwide leader that holds the distinction as the largest single producer of hydraulic elevator control valves in North America (Made in USA). We serve all your hydraulic elevator OEM, new construction, modernization, replacement/repair, tech support and educational needs when it comes to the products we provide.
Its time…explore our website http://maxtonvalve.com and APP to access resources you need daily…Online ordering, product specification information, valve calculator, our newsletter, how to contact us, and much more!
###
Contact: Maxton Manufacturing
Karl Keller (Marketing Director)
This email address is being protected from spambots. You need JavaScript enabled to view it.