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Acquisition

Pace Group, a private equity firm, has shown interest in acquiring lift companies as part of their investment strategy. By leveraging their financial expertise and operational knowledge, Pace Group can potentially help struggling lift companies achieve financial growth, improve customer retention, and enhance overall satisfaction.

LDC, the private equity investor which is part of Lloyds Banking Group, has made a minority investment in Deltron Group (Deltron) to support its ambitious growth strategy.

Our Portfolio

Our Lift Portfolio

As a customer-focused company we take pride in the reputation we have developed. We have a high percentage of long-term customers; this is a testament to our commitment of complete customer satisfaction.

Deltron Lifts Ltd

Dolphin Lifts Midlands

Quadrant Lifts Ltd

Lift Smart Solutions

Worth Lift Services www.worthliftservices.co.uk

Deltron Lifts Coastal www.deltronliftscoastal.co.uk

The Elevator Group www.theelevatorgroup.co.uk

Metro Lifts Ltd www.metrolifts.co.uk

Lift Control Ltd www.liftcontrolltd.co.uk

Qudos Lifts www.qudoslifts.com

Exel Elevator
www.exelelevator.co.uk

The Lift Company www.theliftcompany.org.uk

DJ Lift Services
www.djlifts.co.uk

DeSem Lifts www.desem.co.uk

Atlas Lifts & Services Ltd
www.atlaslifts.co.uk

Bradford Lifts Ltd www.bradfordlifts.com

Quadrant Lifts Ltd

Acquisition Timeline

  • Scott & Lukas - Start - 2018 – Apr & Oct

    Scott and Lukas started their involvement with Deltron Lifts Limited with an upfront equity investment of £100K and since had to invest no more own equity in the business.

  • Set up of Deltron Lifts Coastal - 2019 – Aug

    Created to cover a specific area around the UK Southern Coastline and has also provided us with unique access to the IoW.

  • Acquisition of Premier Mobility - 2022 – Feb

    Small acquisition on the IoW to boost our portfolio on the island. This mainly included hoists and slings but it enabled us to start employing island based engineers, which then facilitated faster growth on the IoW.

  • Husbands – Dumbwaiters - 2022 – Jun

    Purchase of Husbands IP from administrators.
    Increased our Southern Units by around 450 and contributed significantly to growth in the area. As final step we have re-designed the original product with our Greek manufacturing partners and hold UK spare part exclusivity.

  • Snowdrop – Mobility - 2023 – Feb

    Purchase of the Snowdrop Mobility IP from administrators. Increased our unit count by around 100 in South Wales and the West Midlands. Also provided us with a significant stairlift stock and other mobility equipment. This has now got the possibility of extending further into the mobility sector.

  • Acquisition of Quadrant Lifts - 2023 – June

    First major transformational acquisition of a business located further North of Birmingham in Stoke-on Trent in order to expand our operating area. Increased our unit count by around 300-350 private customers including one larger council/housing association. In first 3.5 months with turnover of £450K and EBITDA of ~120K (more profit and 2/3 of turnover compared to last FY)

  • Dolphin Lifts – Access Division - 2023 – August

    Major Pre-Pack Administration Deal, which overall has cost Deltron around £400K. Created Deltron’s inhouse access division based on a national and well-known brand in that sector. It added around 5000 less abled access equipment to our unit count with some significant
    installation and adaptation work. Revenue in Oct: £220K and in Nov estimated at £400K.

  • LDC PE Investment - 2024 – June

    LDC’s investment will help Deltron to accelerate an ambitious growth strategy underpinned by investment in its market-leading services and complementary acquisitions. 

  • Metro Lifts - 2024 – July
  • Elevate UK - 2024 – August

    Elevate UK Lifts is a family run lift company, and we use local lift engineers to service, repair and refurbish lifts across the UK. Our passionate team of engineers provide you with experience and professionalism that you can rely on.

  • The Elevator Group - 2024 – August

    It is our prevailing objective within The Elevator Group to gain a reputation for being the UKs most approachable, responsive and quality driven lift engineering company

  • A1 Lifts - 2024 – September

    Over the years, A1 Lifts Limited has grown, becoming recognised and respected for our leadership in the area of lift engineering and consultancy

  • Lift Control - 2024 - September

    Lift Control had established itself as a leading lift maintenance and repair company across Scotland, prior to being acquired by Pace Group.

  • Qudos Lifts - 2024 - October

    Qudos Lifts had built a solid reputation across the Yorkshire region allowing Pace Group to acquire a great small business and expand further in the North of England.

  • Axess2 - 2025 - February

    Axess2 have a massive reputation in the access market and a great portfolio of lifts across 500 clients, Pace Group are delighted to announce they are now part of our growing portfolio of exciting lift brands. 

  • Abacus Elevators - 2025 - March

    Abacus Elevators have a solid portfolio of lifts and elevators in and around Liverpool and the NW area, which further enhances Pace Group presence in the region.

  • Bourne Lift Services - 2025 - March

    Bourne Lift Services are well known in the Dorset area, with a strong reputation for lift maintenance and repair. Pace Group are delighted to bring Bourne Lift Services onboard and expand further across the South. 

  • Total Lift Care - 2025 - April

    Total Lift Care, a respected provider of lift maintenance and repair services in Lancashire, has joined the Pace Group. This acquisition strengthens Pace Group's presence in the North West, enhancing their national service capabilities.

  • Exel Elevator - 2025 - October
    Exel Elevator joining Pace Group: Exel Elevator was formed in 2010, by Elaine Terry & Jonathan Wilde. Exel Elevator has a strong presence across Gateshead, Sunderland & Newcastle and will be a great addition to Pace Group’s operations in the Northeast of England. With the offices and staff joining the group, it helps us expand our fleet and also our customer reach. 
  • The Lift Company - 2025 - November

    Based in Westerham, Kent, The Lift Company brought decades of lift industry experience and an established presence across London and the South East to Pace Group. Specialising in maintenance and service contracts, repairs, modernisation and 24/7 breakdown support, the business further strengthened the Group’s technical expertise, customer reach and service capability across the South.

  • DJ Lift Services - 2025 - November

    Established in 1976, DJ Lift Services brought nearly 50 years of lift industry heritage to Pace Group. With a longstanding presence across London and the South East, the business has built extensive experience in lift maintenance, repairs, breakdown support and modernisation, further strengthening the Group’s technical capability and coverage across the region.

  • Lift Smart Solutions - 2026 - February

    Partnered with Lift Smart Solutions via the acquisition of their maintenance and service agreement portfolio, expanding and strengthening coverage across London, the South East, and Essex.

  • DeSem Lifts - 2026 - March

    In March 2026, the Pace Group acquired the service & maintenance portfolio of DeSem Lifts Ltd, a Stoke based lift business specialising in the installation, service and maintenance of heavy goods lifts and passenger lifts.

  • Atlas Lifts & Services Ltd - 2026 - July

    The acquisition of Atlas Lifts & Services Ltd further strengthened our Scottish operations, extending our reach across the North of Scotland from its Aberdeen base. With the addition of its skilled office staff and field engineers, we continue to provide expert lift servicing and vertical mobility solutions to an even wider customer base.

  • Bradford Lifts Ltd - 2026 - July

    Our acquisition of Bradford Lifts Ltd strengthened our presence across Northern England, expanding our regional coverage with its Shipley-based operation. The experienced office team and field engineers joined the group, enhancing our ability to deliver exceptional lift maintenance, repair, and modernisation services.