3Phase Elevator Acquires Gable Elevator (Ohio Expansion)
December 22, 2021
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.
- Buyers
- 3Phase Elevator
- Targets
- Gable Elevator
- Sellers
- Rick Gable, Gable Elevator owners
- Platforms
- 3Phase Elevator
- Industry
- HVAC & Mechanical
- Location
- Ohio, United States
- Transaction Type
- Addon
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