3Phase Elevator Acquires Headrick Elevator

3Phase Elevator Acquires Gable Elevator (Ohio Expansion)

December 22, 2021

HVAC & Mechanical

3Phase Elevator has merged with Gable Elevator, adding the Cleveland/Columbus-based elevator maintenance, repair and modernization business to its platform. The transaction expands 3Phase’s presence into Ohio; terms were not disclosed and the existing Gable leadership team will remain in place while founder Rick Gable retires.

3Phase Elevator Acquires Advanced Elevator

October 13, 2021

HVAC & Mechanical

3Phase Elevator and Advanced Elevator have merged, with Advanced joining the 3Phase family to strengthen 3Phase's presence in the Greater Washington, D.C. and Baltimore markets. The deal allows Advanced to remain led by founder Stanley Smentkowski Sr. (with his son) while leveraging 3Phase's digital capabilities and automation to support growth and service delivery.

3Phase Elevator Acquires Halley Elevator

February 15, 2022

Industrial Services

3Phase Elevator has merged with Halley Elevator, a family‑owned provider of commercial elevator maintenance, repair and modernization services based in Massachusetts and New Hampshire. The transaction expands 3Phase’s footprint in northern Massachusetts and into southern New Hampshire; financial terms were not disclosed.

3Phase Elevator Corp Acquires TEC Elevator, Inc.

April 20, 2022

Industrial Services

3Phase Elevator Corp has merged with TEC Elevator, Inc., expanding 3Phase's service footprint in the Philadelphia, New Jersey and Delaware markets. The transaction is an add-on acquisition to 3Phase's independent elevator services platform; TEC's local management team will remain in place and Harvey & Company served as financial advisor to 3Phase.

3Phase Elevator Acquires West Virginia Elevator

June 29, 2021

Industrial Services

3Phase Elevator has merged with West Virginia Elevator, bringing the West Virginia market leader into 3Phase's platform as part of a national expansion strategy following an investment from Berkshire Partners. West Virginia Elevator founders Dustin Bozek and Chris Bradley will continue to lead and remain owners while the combined business expands service capabilities and geographic reach.

Berkshire Partners Acquires 3Phase Elevator from Fort Point Capital

June 3, 2021

Industrial Services

Boston-based private equity firm Berkshire Partners has entered into a definitive agreement to acquire 3Phase Elevator from Fort Point Capital. The investment will support 3Phase’s expansion into new U.S. markets through strategic add-ons and partnerships and strengthen its sales and digital capabilities; terms were not disclosed and the deal was expected to close by the end of June 2021.