3Phase expands into Ohio, adds Gable to its family of independents

3Phase Elevator, a leading independent elevator and escalator services provider, today announced that it has merged with Gable Elevator, a provider of elevator maintenance, repair, and modernization services in the Cleveland and Columbus markets. The merger enables 3Phase to establish a strong presence in Ohio as it continues to expand nationally. Terms of the transaction were not disclosed.

Gable Elevator, a family-owned and operated company, uses non-proprietary elevator components and elevator equipment to service commercial buildings in the surrounding areas of Cleveland and Columbus. The company has achieved its growth in Ohio by creating long-term value through its commitment to customers. The existing Gable team, led by Phil Isaac and Matt Schumann, will remain in place and the company will continue to serve customers under the Gable Elevator brand. Rick Gable, who has made strong contributions to the business, has decided to retire from the business. “It was important for me to transition our business to the right partner and 3Phase will support the team and help it grow to the next level,” said Rick Gable.

Read the full press release here.

CONTACT INFORMATION

SARAH KULKA
press@berkshirepartners.com