Axxiom Elevator Acquires Carolina Elevator Service
Axxiom Elevator Acquires Carolina Elevator Service
PR Newswire
COLUMBIA, S.C., July 28, 2026
COLUMBIA, S.C., July 28, 2026 /PRNewswire/ -- Axxiom Elevator ("Axxiom"), a leading provider of elevator maintenance, repair, modernization, and installation services, has completed the acquisition of Carolina Elevator Service, Inc. ("Carolina Elevator"), a Columbia, South Carolina-based provider of commercial elevator services across South Carolina, North Carolina, and Georgia.
Carolina Elevator has built a reputation for safety, reliability, and responsive service, maintaining equipment for some of the region's most prestigious facilities. The acquisition marks Axxiom's entry into the Carolinas and Georgia and represents the company's 13th acquisition since its founding.
"Carolina Elevator's team has earned the trust of some of the largest and most recognized businesses in the Southeast. Their commitment to their employees and clients makes them a terrific addition to the Axxiom family. This expansion into the Carolinas opens an exciting new chapter of growth for our platform," said Jeremy Metzger, Chief Executive Officer of Axxiom.
Carolina Elevator owners Wayne Brindle, Brent Goings, Cary Goings, and Stephanie Hoopaugh will continue to lead the team alongside its talented group of mechanics, serving the customers and facilities they've supported for years.
"We built Carolina Elevator on safety, reliability, and doing right by our customers, and after having a number of others reach out to inquire about selling our company, we felt that Axxiom gives our team the best resources and systems to grow while keeping that same commitment. We're excited about what's ahead," said Wayne Brindle on behalf of Carolina's ownership.
The transaction was facilitated by Maven Group, LLC, which served as M&A advisor on the deal. Axxiom completed the acquisition with financial backing from Gauge Capital.
About Axxiom Elevator
Axxiom Elevator is a rapidly expanding independent elevator services company operating across Arizona, California, Florida, Texas, the Washington, D.C. area, and now the Carolinas and Georgia. The company offers a comprehensive suite of services including maintenance, repair, new installation, and modernization.
About Carolina Elevator Service
Founded in 2008, Carolina Elevator Service is a Columbia, South Carolina-based provider of commercial elevator maintenance, repair, modernization, and installation services, serving clients across South Carolina, North Carolina, and Georgia.
About Maven Group, LLC
Maven Group is an M&A advisory firm specializing in the vertical transportation industry.
SOURCE Axxiom Elevator LLC
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
What’s Ahead for Stocks This Quarter—and Where to Invest
Are TIPS ETFs the Best Way to Fight Inflation?
4 Stocks to Buy for the Long-Term While They’re Still Undervalued
10 Best Blue-Chip Stocks to Buy for the Long Term
United States