Successful sale of leading lift service provider

Jerroms Corporate Finance have provided lead sell-side advisory support to the owners of Elevate UK Lifts Ltd (Elevate UK), a leading provider of lift servicing and maintenance.

The successful sale to Deltron Lifts, forms part of their growth strategy and will further enhance their presence across the Midlands.

Established in 2014, the owners of Elevate UK have developed and supported the business, fostering long-term relationships with customers across a range of sectors.  They have also built a dedicated team of experienced and highly-skilled engineers committed to providing high standards in lift maintenance and customer service.  

Ross Davis, Jerroms Corporate Finance said: “We are delighted to have advised and supported Elevate UK throughout the sale process. This deal represents a perfect fit due to their geographic synergy and like-minded focus on excellent customer service.  Both parties showed a genuine commitment to guarantee a successful transaction, ensuring its continued prosperity. Special thanks to the teams at Wilkes and Higgs LLP for their support throughout the process, facilitating a seamless and organised transaction. Congratulations to all involved in this achievement.”

Harriet Taylor, Director, Elevate UK said: “The Jerroms Corporate Finance team guided us through the process step by step, ensuring we had a clear understanding to make informed decisions. We were very impressed with their professionalism and commitment throughout. It was important to us that the acquisition would ensure we continued to provide an excellent service to our customers, ensure the growth of the business and offer security for our staff.”

Legal support for Elevate UK was provided by The Wilkes Partnership and Higgs LLP for Deltron Lifts.