Arcline Creates Standard Elevator Platform Through Acquisitions of Five Suppliers
January 26, 2022
Arcline Investment Management formed Standard Elevator by acquiring five elevator component suppliers: Standard Elevator Systems (SES), EMI Porta (EMI), ZZIPCO, Texacone, and Elevator Equipment Company (EECO). The roll-up creates a vertically integrated, one‑stop platform for elevator parts, components and software serving servicers and installers across the United States and Canada, with SES founder Jimmy He remaining a significant minority shareholder.
- Buyers
- Arcline Investment Management
- Targets
- Standard Elevator Systems, LLC, EMI Porta, LLC, ZZIPCO, LLC, Texacone, LLC, Elevator Equipment Company, LLC
- Platforms
- Standard Elevator
- Industry
- Building Products
- Location
- United States
- Transaction Type
- Addon
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