Carroll Capital Acquires Elevator Service, Inc.
October 4, 2019
Carroll Capital LLC has acquired Elevator Service, Inc. (ESI), a Grand Rapids-based independent elevator services provider, from owner Nate McFadden in partnership with ESI management. Carroll Capital will support ESI’s growth strategy, including expanding market share across Michigan and pursuing add-on acquisitions to build a regional elevator services platform.
- Buyers
- Carroll Capital LLC
- Targets
- Elevator Service, Inc.
- Sellers
- Nate McFadden
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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