3Phase Elevator Acquires Gable Elevator (Ohio Expansion)

December 22, 2021

3Phase Elevator has merged with Gable Elevator, adding the Cleveland/Columbus-based elevator maintenance, repair and modernization business to its platform. The transaction expands 3Phase’s presence into Ohio; terms were not disclosed and the existing Gable leadership team will remain in place while founder Rick Gable retires.

Buyers
3Phase Elevator
Targets
Gable Elevator
Sellers
Rick Gable, Gable Elevator owners
Platforms
3Phase Elevator
Location
Ohio, United States
Transaction Type
Addon

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