3Phase Elevator (Fort Point Capital-backed) Acquires Low Rise Elevator
August 17, 2020
3Phase Excel Elevator Corp., a Fort Point Capital-backed independent provider of elevator maintenance and modernization services, acquired Low Rise Elevator, a Philadelphia-area vertical-transportation services provider. The deal expands 3Phase’s Mid-Atlantic presence; Low Rise’s owner Mark Myers will become branch manager covering PA, DE, MD and VA.
- Buyers
- 3Phase Excel Elevator Corp., Fort Point Capital
- Targets
- Low Rise Elevator, Inc.
- Platforms
- 3Phase Excel Elevator Corp.
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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