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
Location
United Kingdom
Transaction Type
Addon

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