LDC-backed The Pace Group Acquires Exel Elevator and The Lift Company (DJ Lifts)
November 14, 2025
LDC-backed The Pace Group has acquired Gateshead-based Exel Elevator and Kent-based The Lift Company (DJ Lifts) as add-on acquisitions to accelerate its UK expansion. The deals expand The Pace Group's geographic footprint and service capability, bringing the Group's maintained units to around 13,000 and ~5,000 customers nationwide.
- Buyers
- The Pace Group, LDC
- Targets
- Exel Elevator Limited, The Lift Company (DJ Lifts)
- Platforms
- The Pace Group
- Industry
- Engineering Services
- Location
- United Kingdom
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
LDC-backed Deltron Group Acquires Five UK Lift Maintenance Businesses
September 26, 2024
Industrial Services
Deltron Group, backed by private equity firm LDC, has acquired Metro Lifts (London), Elevate UK Lifts (Stourport-on-Severn), Elevator Group (London), A1 Lifts (Liverpool) and Lift Control (Livingston) to accelerate its acquisitive growth across the UK. The deals increase Deltron's geographic reach and unit density as the West Midlands-based lift maintenance and repair specialist — which employs c.160 people and maintains around 12,000 units — pursues further consolidation of the market.
-
Deltron Group (LDC-backed) Acquires Abacus Elevators, Total Lift Care and Bourne Lifts
April 28, 2025
Engineering Services
LDC-backed Deltron Group, a West Midlands–headquartered lift maintenance and repair specialist, has acquired three UK-based lift service businesses: Abacus Elevators (Liverpool), Total Lift Care (Lancashire) and Bourne Lifts (Dorset). The add-on deals expand Deltron's servicing capabilities and geographic reach, adding more than 770 customers and increasing unit density as the business grows under LDC's backing.
-
LDC Takes Minority Stake in Deltron Group
January 8, 2025
Industrial Services
LDC has taken a minority stake in Deltron Group, the Dudley-based lift maintenance and repair specialist, providing growth capital to support the company's buy-and-build expansion. In the first three months of the partnership Deltron completed five acquisitions as it scales its maintenance, repair and refurbishment platform.
-
LDC Makes Minority Investment in Deltron Group
July 4, 2024
Industrial Services
LDC, the private equity investor part of Lloyds Banking Group, has made a minority growth investment in Dudley-based Deltron Group to support its UK expansion and acquisition-led growth strategy. Deltron, which maintains and repairs elevators, service lifts and stairlifts and employs around 94 people, will use the capital to scale operations, invest in its services and pursue complementary acquisitions.
-
Lomond Group Acquires DJ Alexander; LDC Supports Deal
December 20, 2021
Real Estate
Lomond Group, backed by private equity firm LDC, has acquired Scottish lettings and estate agency DJ Alexander. The add-on expands Lomond's managed portfolio (now ~9,500 properties in Scotland and 30,000 across the UK) and brings DJ Alexander's ~104 employees into the group as Lomond continues its buy-and-build consolidation of regional estate agents.
-
Europa Engineering Group Acquires Dale & Co. (Dale Lifting & Handling Specialists)
October 23, 2024
Industrial Services
Europa Engineering Group has acquired Dale & Co. (Dale Lifting & Handling Specialists), a Manchester-based lifting and handling specialist founded in 1830. The acquisition expands Europa's capabilities in lifting, fabrication and servicing, adding overhead crane supply, installation, inspection and manufacturing capabilities to the Group.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.