Houlihan Lokey Advises Action Elevator

Houlihan Lokey is pleased to announce the sale of Action Elevator (Action), a portfolio company of Align Capital Partners (ACP), to H.I.G. Capital.

Action is an independent regional elevator service company that serves property owners in the Mid-Atlantic region. The company offers complete vertical transportation services, including repair, maintenance, and modernization services supporting operational safety and uptime across the elevator lifecycle.

ACP is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $1.6 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle-market companies accelerate their growth to the benefit of management, employees, and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing, and distribution sectors.

H.I.G. Capital is a leading global alternative investment firm with $65 billion of capital under management. Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, 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. specializes in providing both debt and equity capital to middle-market companies, utilizing a flexible and operationally focused/value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion.

Houlihan Lokey served as the exclusive sellside financial advisor to Action and ACP and assisted in marketing, structuring, and negotiating the transaction on their behalf. This transaction underscores Houlihan Lokey’s success and preeminent position in the facility services sector, including a market-leading position advising platforms that deliver essential elevator solutions.

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