Business Sale Report has published an article covering Pace Group’s continued expansion, following the acquisition of Exel Elevator in the North East and The Lift Company & DJ Lifts in Kent. The piece highlights that these deals mark Pace Group’s tenth acquisition since securing investment from private equity partner LDC in 2024.
The article notes that the latest additions significantly extend Pace Group’s regional footprint and bring further technical expertise into the business. With around 13,000 lift units now under maintenance for approximately 5,000 customers, the coverage highlights the Group’s accelerating buy-and-build strategy and its ambition to consolidate the fragmented UK lift maintenance market.
Business Sale Report also features comments from Director Scott Haywood, who emphasised the strong reputations and complementary strengths of both newly acquired companies, and the group’s long-term plan to build a nationwide, high-capability lift services provider.
Read the full article on the Business Sale Report website.