Century Park Capital Partners Majority Recapitalizes Total Access Elevator
April 25, 2024
Century Park Capital Partners completed a majority recapitalization of Total Access Elevator, a Santa Fe Springs, California-based provider of elevator modernization, maintenance, and repair services, with debt financing provided by Southfield Mezzanine Capital and Gladstone Capital Corporation. Two former Otis executives, Robert Williams and Randy Wilcox, have joined the company as board members and co-investors; the company's four founders/owners remain active shareholders and management post-transaction.
- Buyers
- Century Park Capital Partners, Southfield Mezzanine Capital, Gladstone Capital Corporation, Robert Williams, Randy Wilcox
- Targets
- Total Access Elevator, LLC
- Sellers
- Founders and management of Total Access Elevator (the company's four owners)
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Recapitalization
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