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
- Industry
- Engineering Services
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Axxiom Elevator Acquires Liftech Elevator
November 22, 2024
Engineering Services
Axxiom Elevator has acquired Liftech Elevator Service, a Signal Hill, California-based provider of elevator maintenance, repair and modernization services. The acquisition adds over 90 Liftech employees to Axxiom's operations and expands Axxiom's footprint in Southern California.
-
Axxiom Elevator Acquires Evolution Elevator & Escalator Corp.
April 17, 2025
Industrial Services
Axxiom Elevator, a South Florida-based elevator and escalator services provider backed by Gauge Capital, has completed the acquisition of Evolution Elevator & Escalator Corp., a Staten Island, New York-based service firm with offices in Fort Lauderdale. Evolution founder Lou James and the company's mechanics will remain in place as Axxiom integrates the business to expand its geographic footprint and service capabilities in New York and New Jersey.
-
Axxiom Elevator (Gauge Capital-backed) Acquires Motion Elevator and Urban Elevator's Florida Division
September 12, 2023
Industrial Services
Axxiom Elevator, with financial backing from Gauge Capital, completed investments to acquire Motion Elevator and the Florida division of Urban Elevator and will merge their Southeast Florida operations. The transactions establish Axxiom’s Southeast division (including a new West Coast Florida office) and expand the platform’s service, maintenance and modernization footprint across Miami, Fort Lauderdale and the Palm Beaches.
-
Elevator Service Inc. Acquires American Elevator
June 2, 2025
HVAC & Mechanical
Elevator Service Inc. (ESI) has acquired American Elevator, an Oklahoma City–based provider of elevator maintenance, repair and modernization services. The deal expands ESI's service footprint across the Southwest (Oklahoma and West Texas) and brings American Elevator's employees and regional customer relationships into the ESI platform.
-
American Elevator Group Acquires Mid‑America Elevator
January 1, 2026
Industrial Services
American Elevator Group (AEG) has merged with Mid‑America Elevator, a long‑standing Indianapolis-based provider of elevator maintenance, repair and modernization services. Maven Group advised Mid‑America; terms were not disclosed. The transaction brings Mid‑America into AEG’s national platform to expand capabilities, access advanced technologies and accelerate growth in Indiana while preserving local leadership and the Mid‑America brand.
-
Ecotex Healthcare Linen Service Acquires Ameritex Services
January 3, 2022
Healthcare Services
Ecotex Healthcare Linen Service Corporation has acquired Ameritex Services, an Omaha-based healthcare laundry and linen provider owned by Mark and Brad Goldstrom. The acquisition expands Ecotex's regional footprint and capacity in the Midwest and will fund a multimillion-dollar plan to modernize and expand Ameritex's Omaha laundry plant.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.