Pace Group Featured in The Northern Echo Following Acquisition of Exel Elevator

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PACE Group is actively growing through M&A by acquiring lift companies and integrating them into our expanding portfolio

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The Northern Echo has published coverage of Pace Group’s latest expansion, highlighting the acquisition of Gateshead-based Exel Elevator as part of the company’s continued national growth.

The article reports that Exel Elevator has joined Pace Group’s growing portfolio of lift maintenance and repair businesses, alongside the recent purchase of The Lift Company & DJ Lifts in Kent. The feature also includes comments from Director Scott Haywood, who emphasised that the new additions strengthen Pace’s presence in both the North East and South East and support its ambition to build a leading UK-wide elevator maintenance business.

The Northern Echo notes that Pace Group now maintains around 13,000 units across the UK, following ten acquisitions since receiving investment from LDC in 2024.

Read the full article on The Northern Echo website

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