American Elevator Group Acquires Port Elevator
June 1, 2022
American Elevator Group (AEG) has acquired Pennsylvania-based Port Elevator, adding the Williamsport- and Harrisburg-area service provider to AEG's growing portfolio of regional elevator service businesses. The deal expands AEG's footprint in central Pennsylvania and increases the group's nationwide service coverage as an add-on to its existing platform.
- Buyers
- American Elevator Group, Arcline Investment Management
- Targets
- Port Elevator
- Sellers
- Port Elevator owners (Jerry Rexer and family)
- Platforms
- American Elevator Group
- Industry
- Building Products
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
American Elevator Group Acquires Mid‑America Elevator
January 1, 2026
Industrial Services
American Elevator Group (AEG) has merged with Mid‑America Elevator, a long‑standing Indianapolis-based provider of elevator maintenance, repair and modernization services. Maven Group advised Mid‑America; terms were not disclosed. The transaction brings Mid‑America into AEG’s national platform to expand capabilities, access advanced technologies and accelerate growth in Indiana while preserving local leadership and the Mid‑America brand.
-
American Elevator Group Acquires Madden Elevator
August 3, 2022
Building Products
American Elevator Group (AEG) has acquired Madden Elevator, a Louisville-based elevator service provider, expanding AEG’s service footprint across Kentucky and southern Indiana. The deal, facilitated by Maven Group, adds Madden’s maintenance, repair and modernization capabilities to AEG’s national platform (AEG is backed by Arcline Investment Management).
-
3Phase Elevator (Fort Point) Acquires Brandywine Elevator and Penn City Elevator
January 7, 2021
Industrial Services
Fort Point Capital-backed platform 3Phase Elevator Corp. acquired Brandywine Elevator Corp. and Penn City Elevator to expand its elevator services footprint across the Mid-Atlantic. Both businesses will operate under the 3Phase/Excel Elevator banner with existing field and operations staff retained.
-
Elevator Service Inc. Acquires American Elevator
June 2, 2025
HVAC & Mechanical
Elevator Service Inc. (ESI) has acquired American Elevator, an Oklahoma City–based provider of elevator maintenance, repair and modernization services. The deal expands ESI's service footprint across the Southwest (Oklahoma and West Texas) and brings American Elevator's employees and regional customer relationships into the ESI platform.
-
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 (Fort Point Capital-backed) Acquires Low Rise Elevator
August 17, 2020
Industrial Services
3Phase Excel Elevator Corp., a Fort Point Capital-backed independent provider of elevator maintenance and modernization services, acquired Low Rise Elevator, a Philadelphia-area vertical-transportation services provider. The deal expands 3Phase’s Mid-Atlantic presence; Low Rise’s owner Mark Myers will become branch manager covering PA, DE, MD and VA.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.