3Phase Elevator (Fort Point) Acquires Brandywine Elevator and Penn City Elevator
January 7, 2021
Fort Point Capital-backed platform 3Phase Elevator Corp. acquired Brandywine Elevator Corp. and Penn City Elevator to expand its elevator services footprint across the Mid-Atlantic. Both businesses will operate under the 3Phase/Excel Elevator banner with existing field and operations staff retained.
- Buyers
- 3Phase Elevator Corp., Fort Point Capital
- Targets
- Brandywine Elevator Corp., Penn City Elevator
- Sellers
- Michael Sanfrancesco (Founder and President of Brandywine Elevator)
- Platforms
- 3Phase Elevator Corp.
- Industry
- Industrial Services
- Location
- United States
- Transaction Type
- Addon
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