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Complii, Backed by Ansor, Buys Escalator Specialist

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Complii, a firm specializing in building safety and regulatory compliance services, has finalized an agreement to purchase The Escalator Company. This strategic move is designed to expand Complii’s existing dedicated Lifts and Escalators division, integrating a specialist provider known for its comprehensive services in the field.

The Escalator Company, which was established in 2002 as a family business, offers a broad suite of services including servicing, maintenance, refurbishment, and new installation of escalators and travelators. This acquisition fits within Complii’s broader strategy to consolidate and enhance its offerings within the vertical transportation sector.

This transaction is supported by Ansor, which serves as the financial backer for Complii. The integration aims to leverage The Escalator Company’s operational expertise to bolster Complii’s compliance and maintenance portfolio, further cementing its market position in building safety and regulatory compliance services across the industry. No financial terms of the deal were disclosed publicly as of the announcement.