Escalator Company Acquired by Complii | Industrials M&A Deal

Complii has acquired the Escalator Company, a industrial services other business in the UK. The Escalator Company provides escalator and travelator servicing, maintenance, refurbishment, and installation, supporting ongoing uptime for commercial and public buildings. Complii acquisitions in industrials M&A aim to expand service capabilities and deepen coverage for vertical transportation maintenance contracts. The add on acquisition is announced and backed by Ansor, positioning the platform for further private equity acquisition growth through add on acquisition strategy. Terms and deal size were not disclosed, with the expected close date not stated.