H.I.G. Capital Completes Acquisition of Action Elevator
Summary
As part of the transaction, Action’s leadership team will remain in place and have a significant ownership stake in the recapitalized business. The Company has an incredible opportunity to expand both organically and via acquisition, and H.I.G.’s experience and resources will help us continue to scale our business, while remaining committed to providing outstanding customer service and an exceptional work environment for our employees.” “We are thrilled to partner with John Marshall Sr. and his team. Action has a proven track record of delivering the highest quality elevator services to its customers,” added Rahul Vinnakota, Managing Director and Head of North American Industrials at H.I.G. The Company offers maintenance, repair, and modernization services critical to the operational safety and uptime across the elevator lifecycle. * Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, H.I.G.