Pacific Avenue Capital Partners Acquires Unitec Elevator from United Technologies
September 10, 2019
Los Angeles-based private investment firm Pacific Avenue Capital Partners acquired Unitec Elevator from United Technologies in a corporate divestiture. Pacific Avenue intends to invest in the business to scale through organic growth and add-on M&A; Unitec provides elevator maintenance, modernization and code-compliance services across New York City.
- Buyers
- Pacific Avenue Capital Partners, LLC
- Targets
- Unitec Elevator
- Sellers
- United Technologies Corporation
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Divestiture
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