Headrick Elevator Company
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Headrick Elevator Company - overview
Established
1928
Location
Pittsburgh, PA, US
Primary Industry
Business Support Services
About
Headrick Elevator Company specializes in the design, installation, and maintenance of elevator systems, providing tailored solutions that enhance accessibility and operational efficiency across various sectors. Founded in 1928, Headrick Elevator Company operates in Pittsburgh, US, focusing on elevator solutions. The company was acquired by 3Phase Elevator Corporation, a portfolio company of Berkshire Partners, on December 10, 2021, to enhance service offerings across Pennsylvania. Headrick Elevator Company offers a comprehensive range of elevator products and services tailored to meet the unique needs of its clients.
Their offerings include modern elevator installations, maintenance, and repair services aimed at various sectors, including technology, healthcare, and consumer services. The company markets its products primarily in North America, Europe, and parts of Asia, addressing the needs of clients ranging from startups to large corporations. Headrick Elevator Company generates revenue through a combination of direct sales and subscription-based services. Their revenue model includes annual subscription plans for flagship products, alongside partnerships with retailers and wholesalers to facilitate widespread distribution.
This structured approach ensures a stable income stream while maintaining strong client relationships across different industries. Following its acquisition by 3Phase Elevator Corporation in December 2021, Headrick Elevator Company will utilize the resources from this acquisition to enhance and expand its service offerings within Pennsylvania. The focus will be on reaching new markets and geographic regions, leveraging the existing infrastructure to cater to a broader clientele.
Current Investors
3Phase Elevator Corporation
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Consumer Services, Construction
Website
www.headrickelevators.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Headrick Elevator Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Headrick Elevator Company | - |
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