Southeast Elevator today announced the acquisition of Gulfside Elevator and Cab Interiors LLC (“Gulfside”) in Naples, FL.
Southeast Elevator is based in Ft. Pierce, FL and has been servicing customers in central Florida and up and down the East coast of Florida for 26+ years. Southeast Elevator differentiates itself from other residential elevator companies as it manufactures most components associated with a home elevator at its headquarters in Ft. Pierce. The company manufactures, installs and services residential and commercial elevators. After the recent acquisition of Palm Beach Lifts in May 2021, this latest addition of Gulfside expands the company’s presence to Florida’s Southern Gulf Coast.
“Our commitment to providing the highest level of manufacturing, installation and service is unparalleled in our industry,” says Tim Fischer, CEO of Southeast Elevator. “Therefore, we are thrilled to welcome Gulfside’s employees to our team with whom we share the same values, vision for the future and attention to detail that made both companies so successful. The Naples and Palm Beach markets are two of the strongest in the state for home elevators and we are excited to have these newest acquisitions as part of the Southeast Elevator family.”
John Andrews, President of Gulfside Elevator and Cab Interiors LLC added “We are excited to partner up with Southeast Elevator. The leadership teams of both operations will continue providing the high-quality service our customers have so appreciated over the years. We also want to thank Maven Group for facilitating the transaction. The Maven team seamlessly transferred their unique knowledge of the M&A market for commercial elevator companies to this transaction in the residential space. Their advice to our ownership group was invaluable throughout the process from start to finish.”
To learn more about Southeast Elevator: www.seelevator.com
To learn more about Gulfside Elevator: www.gulfsideelevators.com
To learn more about Maven Group, LLC, please contact us directly:
Dominik Sachsenheimer (561) 225-3320, dominik@mavenequity.com
Bill Beaury (239) 253-4500, bill@mavenequity.com
www.mavenelevator.com
