ESI Acquires Allrise Elevator Company
December 19, 2023
Elevator Service LLC (ESI), a Grand Rapids-based elevator service platform backed by Carroll Capital, has acquired Allrise Elevator Company, an independent elevator service provider in the Greater St. Louis market. The transaction is an add-on acquisition that will keep Allrise's branding and team intact while expanding ESI's Midwest footprint and service, modernization, and new construction capabilities in St. Louis and Mid‑Missouri.
- Buyers
- Elevator Service LLC (ESI), Carroll Capital
- Targets
- Allrise Elevator Company
- Platforms
- Elevator Service LLC (ESI)
- Industry
- Industrial Services
- Location
- Missouri, United States
- Transaction Type
- Addon
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