Plexus Capital Acquires Southern Elevator Group with Financing from Brightwood Capital
October 26, 2023
Plexus Capital has acquired Southern Elevator Group, a provider of elevator installation, maintenance, modernization and repair services, with financing support from Brightwood Capital Advisors. Brightwood provided debt financing to back the transaction, which Plexus says will position Southern to accelerate growth and enhance its service offerings across commercial, residential and institutional end markets.
- Buyers
- Plexus Capital, Brightwood Capital Advisors
- Targets
- Southern Elevator Group
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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