Axxiom Elevator Expands Market Reach Through Strategic Alliance with Ameritex Elevator
FORT LAUDERDALE, Fla., Sept. 11, 2025 -- Axxiom Elevator ("Axxiom"), a leading provider of elevator maintenance, repair, and modernization services, has successfully acquired Ameritex Elevator, Inc. ("Ameritex"). Ameritex is widely recognized for delivering high-quality elevators and services to large-scale and demanding clients across San Antonio, Southwest Texas, and the San Francisco Bay Area. This strategic acquisition enhances Axxiom's geographic footprint and reinforces its commitment to excellence in vertical transportation services.
"We are extremely excited to partner with Jerry Matheny and his team. Ameritex has grown to be one of the most respected independent elevator services businesses in both SW Texas and the Bay Area of California," says Jeremy Metzger, Chief Executive Officer of Axxiom. "This will be Axxiom's 8th acquisition and brings expansion opportunities in two new growing markets in the US." Ed Stachowiak, Chief Operating Officer of Axxiom, added, "The opportunity for Axxiom to partner with Ameritex is incredible. The company already stands out as a customer service advocate and fits in well with Axxiom's mindset and culture. We are very excited to be able to have them as part of the team."
Jerry Matheny remarked, "We made the decision to partner with Axxiom Elevator based on our desire to work with a company that shares my vision for customer-first service. Axxiom brings industry-specific software, tools, and back-office support to enable us to focus on growing the business to the next level. I am thrilled to partner with the Axxiom team and to continue my work to grow Ameritex Elevator."
Lift Business Advisors supported Ameritex during the transaction process and can be counted on by those considering selling their business, implementing improvements, or needing a valuation.Jerry Mathany added, "I'd like to also thank Jeff Eaton, Jessica Hellman, and the Lift Business Advisors team for their support in closing this agreement! Lift Business Advisors helped with organizing our books and records, were heavily involved in the diligence process, and coordinated all reviews alongside our attorneys. Their comprehensive approach is truly invaluable for anyone considering selling their elevator business." Contact Jeff Eaton at Lift Business Advisors for a confidential discussion and complementary strategic review.
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