Operating Company Industrial Services

3Phase Elevator

Canton, Massachusetts, United States

Independent elevator and escalator maintenance, repair, and modernization provider serving building owners and property managers in the New England area. 3Phase Elevator is part of the Specialized Elevator family of businesses.

Focus Areas
Elevator maintenance & repair, Elevator modernization, Escalator services

Tracked deals

5

5 tracked deals across 2020-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

4 addon · 1 growth capital

3Phase Elevator Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for 3Phase Elevator. 1 2020 1 2021 2 2022 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Specialized Elevator Adds Vintage Elevator Services in Bay Area Merger
    January 26, 2026
    Buyer
    Specialized Elevator, Berkshire Partners
    Target
    Vintage Elevator Services
    Seller
    Gerry Rodriguez, Greg Cardenas
    Industry
    Industrial Services
    Location
    California, United States
    Type
    Addon

    Specialized Elevator, a Berkshire Partners portfolio company, has merged with Vintage Elevator Services to expand its unionized elevator and escalator services footprint in the San Francisco Bay Area. The deal preserves Vintage's local brand and leadership while integrating it into Specialized's national platform to strengthen service coverage and resources.

  • 3Phase Elevator Corp Acquires TEC Elevator, Inc.
    April 20, 2022
    Buyer
    3Phase Elevator Corp
    Target
    TEC Elevator, Inc.
    Industry
    Industrial Services
    Location
    New Jersey, United States
    Type
    Addon

    3Phase Elevator Corp has merged with TEC Elevator, Inc., expanding 3Phase's service footprint in the Philadelphia, New Jersey and Delaware markets. The transaction is an add-on acquisition to 3Phase's independent elevator services platform; TEC's local management team will remain in place and Harvey & Company served as financial advisor to 3Phase.

  • 3Phase Elevator and Specialized Elevator Merge as Berkshire Partners Makes Growth Investment
    January 21, 2022
    Buyer
    Berkshire Partners, 3Phase Elevator
    Target
    Specialized Elevator Services Holdings
    Seller
    CIVC Partners
    Industry
    Construction
    Location
    California, United States
    Type
    Growth capital

    3Phase Elevator and Specialized Elevator Services Holdings have merged to create the largest nationwide independent union elevator services company in the United States. Existing 3Phase investor Berkshire Partners made a strategic growth investment in the combined company — including acquiring CIVC Partners' stake in Specialized — while management from both companies reinvested and will remain in place. The combined business will employ more than 390 International Union of Elevator Constructors members and service over 20,000 elevator and escalator units.

  • 3Phase Elevator Acquires Gable Elevator (Ohio Expansion)
    December 22, 2021
    Buyer
    3Phase Elevator
    Target
    Gable Elevator
    Seller
    Rick Gable, Gable Elevator owners
    Industry
    HVAC & Mechanical
    Location
    Ohio, United States
    Type
    Addon

    3Phase Elevator has merged with Gable Elevator, adding the Cleveland/Columbus-based elevator maintenance, repair and modernization business to its platform. The transaction expands 3Phase’s presence into Ohio; terms were not disclosed and the existing Gable leadership team will remain in place while founder Rick Gable retires.

  • 3Phase Elevator (Fort Point Capital-backed) Acquires Low Rise Elevator
    August 17, 2020
    Buyer
    3Phase Excel Elevator Corp., Fort Point Capital
    Target
    Low Rise Elevator, Inc.
    Industry
    Industrial Services
    Location
    Pennsylvania, United States
    Type
    Addon

    3Phase Excel Elevator Corp., a Fort Point Capital-backed independent provider of elevator maintenance and modernization services, acquired Low Rise Elevator, a Philadelphia-area vertical-transportation services provider. The deal expands 3Phase’s Mid-Atlantic presence; Low Rise’s owner Mark Myers will become branch manager covering PA, DE, MD and VA.

Related Acquisition Pages

Industrial Services Buyers & Acquisitions 3 tracked deals by 3Phase Elevator. Construction Buyers & Acquisitions 1 tracked deal by 3Phase Elevator. HVAC & Mechanical Buyers & Acquisitions 1 tracked deal by 3Phase Elevator. Acquisitions in California 2 tracked deals by 3Phase Elevator. Acquisitions in New Jersey 1 tracked deal by 3Phase Elevator. Acquisitions in Ohio 1 tracked deal by 3Phase Elevator. Acquisitions in Pennsylvania 1 tracked deal by 3Phase Elevator.

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