LDC-backed lift specialist elevated with five acquisitions
Lift specialist Deltron Group has completed five acquisitions since LDC made a minority investment in July.
The Dudley-based lift maintenance and repair specialist has acquired Metro Lifts (London), Elevate UK Lifts (Stourport-on-Severn), Elevator Group (London), A1 Lifts (Liverpool) and Lift Control (Livingston).
The transactions support the business’ ambitious acquisitive growth strategy, increasing unit density and expanding its geographic reach across the UK.
Led by directors Scott Haywood and Lukas Schlenker, Deltron now employs 160 people and maintains around 12,000 units across the UK, with around 3,000 customers across both public and private sectors.
Lukas Schlenker, director of Deltron said: “Our partnership with LDC has helped us to quickly accelerate our growth strategy. Elevate, Elevator Group, A1 Lifts, Metro and Lift Control are all highly respected businesses and – importantly – share our values around quality of service and technical competence.
“Their addition to the Group expands our reach and deepens our collective expertise and experience, and we’re looking forward to driving further growth, together.”
Matt Newbold, investment director at LDC in the West Midlands added: “It has been fantastic to help Scott, Lukas and the team to acquire these five complementary businesses that share a strong culture and track-record of exemplary customer service, in strategically important parts of the country.
“These acquisitions add significant scale to the Group, and we are now focused on helping them to continue growing through additional acquisitions and further investment in their market-leading services.”
