January 11th, 2021
New Jersey – American Elevator Group (“AEG”), today announced additional acquisitions of Standard Elevator (“Standard”), and Dura-Lift Elevator (“Dura-Lift”), further developing their ability to offer comprehensive elevator services throughout the state.
Standard Elevator, founded in 1979, is an independent provider of elevator maintenance, modernization and installation services in New Jersey and the adjacent New York City metropolitan area.
Established in 1997, Dura-Lift provide installation, modernization, repair and maintenance services across the entire New Jersey and New York tri-state area. The Company references Coca-Cola, United Airlines, and Nature’s Bounty among their impressive list of clients.
Jersey Elevator’s President John Sweeney, another recent AEG acquisition, welcomed Standard and Dura-Lift to AEG, commenting “Since we became a part of the AEG development journey, Jersey Elevator has enjoyed significant positive assistance and attention from our new colleagues. They are certainly helping us expand our horizons. These are exciting times!”
C. Mark Boelhouwer, President of AEG, agreed, “Standard and Dura-Lift have strong reputations for their commitment to providing exceptional customer service, and we are delighted to consider them a part of our developing success story. AEG will provide support to help them develop and grow further, better serving our customers through investments in technology and complementary acquisitions.”
Lift Business Advisors, Inc. facilitated the transactions on behalf of Standard Elevator & Dura-Lift Elevator.
About American Elevator Group
American Elevator Group is a collection of trusted, highly reputable, select elevator service companies. Their key focus is to deliver exceptional customer value while covering all industry specialisms, from legacy maintenance and repair services to high-technology installations and modernizations.
Contact (For Press Inquiries Only):