ESI (Elevator Service LLC) Acquires Toledo Elevator & Machine Co.
March 25, 2022
Elevator Service LLC (ESI), backed by Greenwich-based family office Carroll Capital, acquired Toledo Elevator & Machine Co., Inc., the largest independent elevator service provider in Northwest Ohio. The add-on expands ESI’s platform into the Ohio and Detroit markets while retaining Toledo Elevator’s President Jason Gwin in his leadership role to support continued growth and service capability expansion.
- Buyers
- Elevator Service LLC (ESI), Carroll Capital
- Targets
- Toledo Elevator & Machine Co., Inc.
- Sellers
- Jason Gwin
- Platforms
- Elevator Service LLC (ESI)
- Industry
- Engineering Services
- Location
- Ohio, United States
- Transaction Type
- Addon
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