H.I.G. Capital Completes Acquisition of Action Elevator; Action Acquires Century Elevator
September 3, 2024
An affiliate of H.I.G. Capital has completed the acquisition/recapitalization of Action Elevator, a regional provider of elevator maintenance, repair and modernization services headquartered in Millersville, Maryland. Action's leadership retains a significant ownership stake and, concurrently with the transaction, Action acquired Century Elevator to expand its presence in the Washington, D.C. market.
- Buyers
- H.I.G. Capital
- Targets
- Action Elevator, Century Elevator
- Platforms
- Action Elevator
- Industry
- Industrial Services
- Location
- Maryland, United States
- Transaction Type
- Recapitalization
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.