Home > M&A deals 2022 > Specialized Elevator Services merges with 3Phase Elevator Corp.
Merger · Business Services · January 2022

Specialized Elevator Services merges with 3Phase Elevator Corp.

On January 21, 2022, Specialized Elevator Services merged with 3Phase Elevator Corp., a business services company in Massachusetts, United States, from Berkshire Partners LLC.

Deal at a glance

AnnouncedJanuary 21, 2022 TypeMerger Target3Phase Elevator Corp. Buyer Specialized Elevator Services Seller Berkshire Partners LLC SectorBusiness Services LocationMassachusetts, United States ValueNot disclosed

Target company

3Phase Elevator Corp.
Massachusetts, United States
3Phase Elevator Corporation is an independent elevator and escalator maintenance, repair, and modernization services provider operating across the eastern United States and serving building owners, property managers, and commercial clients through preventiv...
Business Servicessector
1996founded
Activestatus
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Buyer

Specialized Elevator Services
Company · 2 deals on record
  • 1st transaction in business services
  • 2nd transaction in United States
2deals, all time
1in this sector
2022latest

Seller

Berkshire Partners LLC
Private equity firm · 98 deals on record
98investments
9in this sector
60exits

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Questions about this deal

Who acquired 3Phase Elevator Corp.?Specialized Elevator Services merged with 3Phase Elevator Corp. on January 21, 2022.

Who sold 3Phase Elevator Corp.?Berkshire Partners LLC was the seller.

What type of deal was it?It was a merger in the business services sector in 2022.

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Source: company press release, January 21, 2022 · Data updated daily on AcquityData (Acquity Data).