Cibes Lift Group Acquires Elevator Service Company

Cibes Lift Group Acquires Bella Elevator LLC

June 15, 2022

Building Products

Cibes Lift Group AB has acquired Bella Elevator LLC, a US-based manufacturer and distributor of home elevators and accessibility lifts. Bella will continue to operate independently and will work with Cibes’ U.S. subsidiaries and distributor network to expand Cibes’ presence nationwide while giving Bella access to Cibes’ product portfolio and commercial resources. CIBC Cleary Gull served as exclusive financial advisor to Bella Elevator in the transaction.

Cibes Lift Group Acquires Area Access Inc

March 22, 2024

Building Products

Swedish elevator manufacturer Cibes Lift Group has acquired Virginia-based Area Access Inc, a distributor and service provider of residential vertical lifts in the US Mid-Atlantic. Area Access (56 employees) will become a wholly owned subsidiary while maintaining its brand and local management, strengthening Cibes' US presence as its fourth American addition.

Specialized Elevator Services (CIVC Portfolio Company) Acquires 24 Hour Elevator

June 3, 2020

Industrial Services

Specialized Elevator Services (SES), a CIVC Partners portfolio company, has acquired 24 Hour Elevator, the largest independent provider of elevator maintenance, repair and modernization services in the greater San Diego area. The founders/owners Ken Dixon, Bill Schassberger, and Chris Sommese will remain with and continue to manage the business as SES expands its presence in San Diego and across California.

3Phase Elevator and Specialized Elevator Merge as Berkshire Partners Makes Growth Investment

January 21, 2022

Construction

3Phase Elevator and Specialized Elevator Services Holdings have merged to create the largest nationwide independent union elevator services company in the United States. Existing 3Phase investor Berkshire Partners made a strategic growth investment in the combined company — including acquiring CIVC Partners' stake in Specialized — while management from both companies reinvested and will remain in place. The combined business will employ more than 390 International Union of Elevator Constructors members and service over 20,000 elevator and escalator units.

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.

Vantage Elevator Solutions Acquires BSIS

October 13, 2025

Industrial Services

Vantage Elevator Solutions, headquartered in Bronx, New York, has acquired BSIS, a New York–based installer of passenger and freight door systems, cabs, cab remodeling, platforms and emergency repairs. The acquisition will integrate BSIS' field and technical services into Vantage's portfolio (alongside Freight Tech) to expand capability and deliver more comprehensive field support and manufacturing services to customers.