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
Location
New York, United States
Transaction Type
Divestiture

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