We represented Arcline Investment Management (Arcline), a growth-oriented private equity firm, in its creation of Standard Elevator (Standard), a leading elevator components and solutions platform formed by the acquisitions of five critical suppliers to the largest elevator servicers and installers in the United States and Canada: Standard Elevator Systems, LLC (SES); EMI Porta, LLC (EMI); ZZIPCO, LLC (ZZIPCO); Texacone, LLC (Texacone); and Elevator Equipment Company, LLC (EECO). Terms of this transaction were not disclosed.
The combination of SES, EMI, ZZIPCO, Texacone, and EECO lays the foundation for Standard to become a vertically integrated one-stop shop for elevator parts, components, and software.