Elevator Service LLC Acquires Van Duinen Elevator Co.
June 29, 2022
Elevator Service LLC (ESI) acquired Van Duinen Elevator Co., an elevator maintenance, repair and modernization company based in Grand Rapids, Michigan. The deal, backed financially by Greenwich-based family office Carroll Capital, is ESI's third add-on in six months and is intended to increase market density and extend ESI's service footprint in West Michigan; Van Duinen's owner Larry Burns will join ESI's management team.
- Buyers
- Elevator Service LLC (ESI), Carroll Capital
- Targets
- Van Duinen Elevator Co.
- Sellers
- Larry Burns
- Platforms
- Elevator Service LLC (ESI)
- Industry
- HVAC & Mechanical
- Location
- Michigan, United States
- Transaction Type
- Addon
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