L squared capital partners announces pending sale of elevated to api group corporation

Newport beach, calif.--(business wire)--l squared capital partners (“l squared”) announced today that api group corporation (nyse: apg) (“api”), a global, market-leading business services provider of life safety, security, and specialty services has entered into a definitive agreement to acquire elevated facility services (“elevated” or “the company”), a leading provider of elevator and escalator maintenance, repair, and modernization service. the transaction is expected to close in q2 2024 and.
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