Canton, MA – 3Phase Elevator, an independent elevator and escalator services provider, announced that it has merged with Halley Elevator, a provider of commercial elevator maintenance, repair and modernization services in Massachusetts and New Hampshire. This merger is in attempts to strengthen 3Phase’s presence in Northern Massachusetts and allows both companies to expand further in New Hampshire.
Jeff Halley, commented, “We are extremely excited to capture growth opportunities along the 495 corridor and into southern New Hampshire. We believe 3Phase is the right partner to help us with this initiative and are thrilled about the next phase of our journey as an independent elevator services company with an improved set of digital capabilities and resources.”
Harvey & Company served as the exclusive financial advisor to 3Phase for this transaction. Terms of the transaction were not disclosed.