H.I.G. Capital Completes Acquisition of Action Elevator; Action Acquires Century Elevator

Total Access Elevator Acquires LA Elevator

August 7, 2025

Industrial Services

Total Access Elevator, a Century Park Capital Partners–backed platform, has acquired LA Elevator to expand its elevator maintenance, repair, and modernization footprint across Los Angeles. The deal strengthens Total Access's local presence, brings LA Elevator's technicians and maintenance portfolio into the platform, and includes a conversion of LA Elevator's non-union workforce to the International Union of Elevator Constructors Local 18.

Century Park Capital Partners Majority Recapitalizes Total Access Elevator

April 25, 2024

Industrial Services

Century Park Capital Partners completed a majority recapitalization of Total Access Elevator, a Santa Fe Springs, California-based provider of elevator modernization, maintenance, and repair services, with debt financing provided by Southfield Mezzanine Capital and Gladstone Capital Corporation. Two former Otis executives, Robert Williams and Randy Wilcox, have joined the company as board members and co-investors; the company's four founders/owners remain active shareholders and management post-transaction.

Carroll Capital Acquires Elevator Service, Inc.

October 4, 2019

Industrial Services

Carroll Capital LLC has acquired Elevator Service, Inc. (ESI), a Grand Rapids-based independent elevator services provider, from owner Nate McFadden in partnership with ESI management. Carroll Capital will support ESI’s growth strategy, including expanding market share across Michigan and pursuing add-on acquisitions to build a regional elevator services platform.

Total Access Elevator Acquires Vertical Elevator Solutions

March 13, 2025

Engineering Services

Total Access Elevator, a Century Park Capital Partners-backed platform, has acquired Vertical Elevator Solutions, an independent provider of elevator maintenance, repair, and modernization based in Simi Valley, California. The add-on expands Total Access's service capabilities and geographic presence across Ventura County and greater Los Angeles while preserving continuity for Vertical's employees and customers.

H.I.G. Capital Affiliate Acquires Classic Lifts Limited

January 17, 2023

Industrial Services

An affiliate of H.I.G. Capital has acquired Classic Lifts Limited, a UK-based lift installation and maintenance provider. Management is reinvesting alongside H.I.G.; financial terms were not disclosed and H.I.G. intends to grow the business organically and via further M&A as part of a broader UK technical building services platform (following its acquisition of CPS).

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.