Sep, 7, 2018

3Phase Elevator Teams with Allied Elevator; Positions Company as Leading Independent Elevator Co.

E. Bridgewater, MA–3Phase Elevator (“3Phase” or the “Company”) is pleased to announce the completion of its first acquisition of 2018, a combination with Allied Elevator. The addition of Ron Tremblay, owner and now a partner in 3Phase Elevator, will enhance 3Phase’s position as the leading independent alternative to the Big Four elevator and escalator manufacturers in New England.

The acquisition of Allied Elevator further expands 3Phase’s footprint around Greater Boston. “Our team is very excited to welcome all the great customers and people to the 3Phase platform,” said Mike Strachan, CEO of 3Phase Elevator. “This acquisition strengthens our market position and technical strength throughout the New England market.

“We are extremely proud of the execution of the 3Phase management team and their ability to accelerate our growth and geographic coverage through this strategic acquisition,” said Paul Lipson, Partner at Fort Point Capital and 3Phase Board Member. “Our goal is to be the partner of choice for independent elevator companies when it is time for them to pursue a sale. We are committed to providing the necessary resources to pursue acquisitions to enhance 3Phase’s position as the leading independent elevator and escalator maintenance, modernization and repair company in New England.”

About 3Phase Elevator

3Phase Elevator is the leading independent provider of elevator maintenance, repair, and modernization services in the New England market. The Company was founded in 1996. For additional information, please visit www.3phaseelevator.com or contact Don MacKenzie at dmackenzie@3phaseelevator.com.

“Right in the middle of the biggest Saturday sale and the escalator broke. 3Phase had two guys here and back up within an hour. They're quick and quiet.”
Betsy Shopster - Mallville

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