Axxiom Elevator Acquires Ameritex Elevator

September 11, 2025

Axxiom Elevator has acquired Ameritex Elevator, a San Antonio-based provider of elevator maintenance, repair and modernization services, expanding Axxiom’s footprint into Southwest Texas and the San Francisco Bay Area. The acquisition brings geographic expansion and additional service capabilities to Axxiom’s growing platform of vertical-transportation businesses.

Buyers
Axxiom Elevator
Targets
Ameritex Elevator, Inc.
Sellers
Jerry Matheny (founder), Ameritex Elevator shareholders
Location
Texas, United States
Transaction Type
Buyout

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