APi Group Acquires Elevated Facility Services from L Squared Capital Partners
April 16, 2024
APi Group Corporation has entered into a definitive agreement to acquire Elevated Facility Services from L Squared Capital Partners. Elevated, a Tampa-based provider of elevator and escalator maintenance, repair, and modernization services with ~600 employees and operations in 22 states, is expected to close in Q2 2024, subject to customary conditions and regulatory approval.
- Buyers
- APi Group Corporation
- Targets
- Elevated Facility Services
- Sellers
- L Squared Capital Partners
- Industry
- Industrial Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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