Specialized Elevator (“Specialized”), a portfolio company of Berkshire Partners, and Wyatt Elevator (“Wyatt”) today announced their merger, expanding the nation’s largest independent, unionized elevator and escalator services company. The addition of Wyatt strengthens Specialized’s existing operations in the greater Philadelphia area.
Wyatt, founded in 2012 by Dan Killion, Tom Killion, Billy Killion, and Bob Brumbach, has built a strong reputation for trusted service throughout Philadelphia. Tom and Dan Killion are stepping aside to pursue new endeavors, while Bob Brumbach will remain with the organization in a leadership role, partnering with Specialized to oversee Philadelphia operations.
“Since we opened our doors, our priority has always been delivering unmatched, reliable service to our local community,” said Bob Brumbach. “Joining the Specialized platform allows us to maintain our deeply rooted presence in Philadelphia while plugging into a powerhouse of national resources. Our clients will continue working with the same familiar faces, but we are now equipped with the operational backing to elevate our service standards to an entirely new level.”
“Building this business alongside my family and partners has been an incredible journey,” said Dan Killion. “When we started thinking about the next chapter, we leaned heavily on Lift Business Advisors to find an organization that truly valued our people. Specialized stood out immediately because they share our core philosophy. We are stepping away with complete confidence, knowing our legacy in Pennsylvania and our dedicated mechanics are in the best possible hands.”
In Philadelphia, Specialized serves customers primarily under the TEC brand – and now Wyatt Elevator as well – reflecting Specialized’s strategy of preserving strong local brands within an integrated operating platform that provides customers a single, independent service provider with national reach.
“We are dedicated to setting the national standard for elevator service and being the employer of choice for the best talent in the I.U.E.C. Wyatt has a great team, and we look forward to working with them,” said Donovan McKeever, Chief Operating Officer of Specialized Elevator. “Having spent nearly three decades in the trade, I’ve long admired Wyatt Elevator’s work. Bringing the Wyatt team into our fold is a natural evolution of that shared commitment to quality.”
Specialized Chief Executive Officer Jim Core added, “Welcoming Wyatt into our family of brands represents a major milestone in our strategic growth. The Wyatt team has cultivated a phenomenal reputation for quality and trust throughout the greater Philadelphia area. By integrating their regional expertise with our robust national infrastructure, we are further solidifying our position as the premier elevator service provider in the country and ensuring our customers continue to receive the highest standard of care in the industry.”
Together, the combined company will employ more than 500 members of the International Union of Elevator Constructors (“IUEC”) and service approximately 25,000 elevator and escalator units nationwide.
Lift Business Advisors, led by Jeff Eaton and Jessica Hellman, advised Wyatt on the transaction.
About Specialized Elevator
Specialized Elevator is the largest independent, pure-play unionized provider of elevator and escalator services and solutions in the United States. The company provides national reach with local care across 30 markets through 16 local brands, with many customers relying on Specialized nationally. Founded in 1997 and headquartered in Canton, Mass., the company has grown in part through 22 acquisitions of other independent service providers. Specialized maintains approximately 25,000 units for building owners and property managers and is built on a foundation of exceptional customer service.
For more information, visit www.specializedelevator.com.
About Wyatt Elevator
Wyatt Elevator is an independent IUEC elevator company serving Pennsylvania. Founded in 2012 by Dan Killion, Tom Killion, Billy Killion, and Bob Brumbach, the company provides maintenance, repair, and modernization services.
About Lift Business Advisors
Lift Business Advisors, Inc. is focused on Mergers & Acquisitions for independent elevator contractors and elevator industry suppliers. Since inception, Lift has represented the owners of more than 140 elevator industry businesses in the successful sale of their businesses.
About Berkshire Partners
Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity, focused on U.S.-based middle-market companies. The firm’s private equity team invests in well-positioned, growing companies across services, healthcare, industrials, and technology. Berkshire is currently investing from its Fund XI, which closed in 2024 with approximately $7.8 billion in commitments.
For more information, visit www.berkshirepartners.com.
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