Arcline Investment Management Acquires Unitec Elevator

Pacific Avenue Capital Partners Acquires Unitec Elevator from United Technologies

September 10, 2019

Industrial Services

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.

Arcline Investment Management Acquires Jersey Elevator

August 11, 2020

Construction

Arcline Investment Management, a growth-oriented private equity firm, has acquired Jersey Elevator, an independent provider of elevator maintenance, modernization and installation services based in Aberdeen, New Jersey. Arcline said it will support the company's expansion through investments in technology and additional acquisitions while partnering with management to drive growth.

Arcline Creates Standard Elevator Platform Through Acquisitions of Five Suppliers

January 26, 2022

Building Products

Arcline Investment Management formed Standard Elevator by acquiring five elevator component suppliers: Standard Elevator Systems (SES), EMI Porta (EMI), ZZIPCO, Texacone, and Elevator Equipment Company (EECO). The roll-up creates a vertically integrated, one‑stop platform for elevator parts, components and software serving servicers and installers across the United States and Canada, with SES founder Jimmy He remaining a significant minority shareholder.

Arcline Investment Management Acquires Kings III of America from Rockbridge Growth Equity

September 6, 2022

Industrial Services

Arcline Investment Management has acquired Kings III of America, a North American provider of elevator and pool emergency monitoring solutions, from Rockbridge Growth Equity and minority investor Thayer Street Partners. The transaction positions Kings III to leverage Arcline’s industry expertise and drive further growth; financial terms were not disclosed.

3Phase Elevator Corp Acquires TEC Elevator, Inc.

April 20, 2022

Industrial Services

3Phase Elevator Corp has merged with TEC Elevator, Inc., expanding 3Phase's service footprint in the Philadelphia, New Jersey and Delaware markets. The transaction is an add-on acquisition to 3Phase's independent elevator services platform; TEC's local management team will remain in place and Harvey & Company served as financial advisor to 3Phase.

Arcline Investment Management Acquires Altronic, LLC from HOERBIGER Group

December 9, 2025

Manufacturing

Arcline Investment Management, a growth-oriented private equity firm, has acquired Altronic, LLC from the HOERBIGER Group. Altronic, a Girard, Ohio-based maker of advanced ignition, control and instrumentation systems for critical infrastructure and OEMs, will be positioned to pursue growth with Arcline's capital and portfolio synergies.