ATTA Elevators, a full-service elevator and escalator company headquartered in Ontario, Canada, is pleased to announce the acquisition of Modern Elevator Innovations Inc., a full-service elevator manufacturing and installation company based in the Greater Toronto Area, with operations in Ontario and New York.
Under the agreement, Modern Elevator will become a wholly owned subsidiary of ATTA Elevators and will service all elevator contractors under the “Modern” brand. Jeff Brown, Founder & President of Modern Elevator, will continue to lead the day-to-day operations and growth strategy of Modern Elevator, along with Mahyar Pedram, Chief Operating Officer.
“We’re very excited about the manufacturing capabilities that the acquisition of Modern Elevators brings to the ATTA brand,” said Mark Attanasio, Founder and CEO of ATTA Elevators. “The partnership will allow ATTA to provide existing and new customers with a new construction product, and subsequently, maintain post installation. ATTA will also continue growing its robust modernization division, utilizing Modern’s fabrication capabilities to enhance ATTA’s market competitiveness.”
“I’m also pleased to welcome Jeff Brown, Nikki Brown, Mahyar Pedram and the entire Modern Elevator team to the ATTA family,” continued Mr. Attanasio. “The expertise that this team brings will allow us to accelerate our mission of growth across North America and enhance our ability to provide excellent customer service while building long-term relationships with our customers.”
“I want to thank ATTA Elevators for their trust in Modern Elevator, and I look forward to continue leading Modern Elevator for many years to come, working closely with the ATTA team,” said Jeff Brown, President of Modern Elevator.
The vertical integration will strengthen ATTA in the following areas:
- Increases ATTA’s ability to service its institutional customers and real estate developers by entering new elevator installations
- Provides ATTA with a competitive advantage being vertically integrated, and an ability to respond to our customers’ needs
- Enhances ATTA’s customer service capabilities, with the advantage of a “Made in Canada” non-proprietary product offering in new construction
About ATTA
ATTA Elevators is a full-service elevator company specializing in maintenance, modernization, and new construction installations. We service all brands while using nonproprietary parts and cutting-edge technology. Our team has extensive elevator industry knowledge and brings many years of experience in the elevator industry. Our team’s focus is elevator safety, reliability, and ensuring a best-in-class customer experience. ATTA has offices in GTA & Durham, Ottawa & Eastern Ontario, and Hamilton & Western Ontario, with expansion plans across Canada.
