Total Access Elevator Acquires LA Elevator as Part of Growth Strategy
"LA Elevator has built a reputation for reliability and long-term customer relationships," said Hugo Vega, General Manager and Managing Partner of Total Access. "Bringing their team into Total Access is another step in our strategy to expand our platform and deliver even greater value to our customers."
Adam Zacuto, Principal at Century Park Capital Partners and Board Member of Total Access, added: "This acquisition reflects our ongoing commitment to building the leading independent elevator services company in Southern California through both organic growth and targeted acquisitions."
In connection with the acquisition, Total Access has partnered with the International Union of Elevator Constructors (IUEC) and the Local 18 to convert LA Elevator's non-union workforce to union members. Both the IUEC and the Local 18 have expressed enthusiastic support for welcoming the talented technicians from LA Elevator.
The integration of LA Elevator's experienced technicians and maintenance portfolio will ensure continuity for employees and customers, with no immediate operational changes.
About Total Access Elevator
Founded in 2008, Total Access is a leading independent provider of commercial elevator services, including modernization, maintenance, and repair. The company serves a diverse client base, including multi-family residential buildings, corporate headquarters, office buildings, and institutional facilities. Headquartered in Santa Fe Springs, CA, Total Access prioritizes quality, responsiveness, and customer value. For more information on Total Access, visit www.totalaccesselevator.com.
About Century Park Capital Partners
Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. We specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. We leverage our C-level executive partners ("Century Leaders") in targeted sectors to build an investment thesis, evaluate opportunities, and lead portfolio companies through the value creation process. We further support our investments with proven operational and best practice initiatives, led by our operating team, including buy-and-build acquisition integration programs and infrastructure additions. For more information on Century Park, visit www.centuryparkcapital.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250807210905/en/
Contacts
Media Contacts: Century Park Capital PartnersMatt MinnaughDirector of Business Development(310) 867-2216mminnaugh@cpclp.com orAdam ZacutoPrincipal(310) 867-2218azacuto@cpclp.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
20 minutes ago
- Yahoo
How Much You Could Save in Every State Under Trump's Proposed Capital Gains Tax Cut
Last week, President Donald Trump told reporters he would consider legislation proposed by Representative Marjorie Taylor Green to eliminate capital gains taxes for homeowners who sell their primary home and earn a profit. Learn More: Read Next: Currently, homeowners who sell their homes and earn a profit above the exclusion amount, which is $250,000 for single tax filers and $500,000 for spouses filing jointly, are required to pay. Considering home values rise over time, more home sellers could face the fact they could be on the hook for capital gains taxes. But how much could you save if the proposed capital gains tax cut goes through? How Many Homeowners Could Be Affected Research by CoreLogic found that homeowners who have mortgages have an average of $303,000 in home equity. High cost of living areas like San Francisco and Hawaii could see higher home equity values. Find Out: According to data by around one in three of homeowners are over the exclusion amount if they sell their home. The outlet also looked at data of the percentage of homeowners that will be over the exclusion by 2030, which is outlined below. State Percentage of Homeowners with Equity Over $250,000 Percentage of Homeowners with Equity Over $500,000 Alaska 22.5% 2.7% Alabama 13.4% 2% Arkansas 11.5% 1.7% Arizona 48.5% 10.3% California 62.2% 30.8% Colorado 59.5% 18.2% Connecticut 23.9% 6.8% Delaware 25.8% 3.9% Florida 47.8% 11.7% Georgia 31.3% 5.5 % Hawaii 79.1% 46% Idaho 54.9% 13.8% Illinois 12.5% 2.4% Indiana 13% 1.6% Iowa 9.8% 1% Kansas 15.3% 2.5% Kentucky 14.1% 1.9% Louisiana 9.8% 1.6% Massachusetts 62.3% 23.5% Maryland 31.8% 6.9% Maine 39.2% 8.3% Michigan 15.4% 2.3% Minnesota 22.5% 3.7% Missouri 14.3% 2.1% Mississippi 7.9% 0.7% Montana 53.6% 18% North Carolina 33.9% 6.7% North Dakota 16.7% 2.2% Nebraska 16.9% 2.3% New Hampshire 50% 9.3% New Jersey 46.2% 12.7% New Mexico 20.9% 3.5% Nevada 43% 7.6% New York 46.1% 18.7% Ohio 12.6% 1.5% Oklahoma 12% 1.7% Oregon 51% 12.9% Pennsylvania 20.4% 3.4% Rhode Island 47.2% 9.2% South Carolina 28.5% 6.3% South Dakota 25.4% 4.4% Tennessee 36.1% 8.3% Texas 32.9% 7.1% Utah 61.2% 16.1% Virginia 35% 9.4% Vermont 35.6% 7.9% Washington 64.8% 24.7% Wisconsin 17.7% 2.6 % West Virginia 6.8% 0.6% Wyoming 27.6% 8.3% Washington DC 51.6% 25.4% How Capital Gains Tax Work on Home Sales The current tax law stipulates that profits about the exclusion amount will be taxed at long-term capital gains rates. So if your home sale profit was $350,000, as a single filer you would only be taxed on $100,000. Depending on your taxable income, you could be taxed anywhere from 0% to 20%. These homeowners who are above exclusion amounts could save a significant amount but that's assuming their taxable income is higher to where the tax actually kicks in. Here's a simplified example: As a single person, your taxable income is $45,000 and you sold your home at a $300,000 profit. Since you profited $50,000 above the exclusion, you're responsible for long-term gains tax. But since your income sits below $48,350, your tax rate is 0%. What this spells out is that those who are high-income earners and have significant home equity will most likely benefit from the proposed tax cut that's not in effect yet. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates New Law Could Make Electricity Bills Skyrocket in These 4 States I'm a Self-Made Millionaire: 6 Ways I Use ChatGPT To Make a Lot of Money 5 Strategies High-Net-Worth Families Use To Build Generational Wealth 6 Hybrid Vehicles To Stay Away From in Retirement This article originally appeared on How Much You Could Save in Every State Under Trump's Proposed Capital Gains Tax Cut Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 minutes ago
- Yahoo
GitHub CEO Thomas Dohmke to step down, plans new startup
(Reuters) -GitHub Chief Executive Thomas Dohmke said on Monday he will leave the Microsoft-owned code-hosting platform to launch a new startup, capping a tenure that included a major push into artificial intelligence through the company's Copilot products. Dohmke, who moved to the U.S. from Germany more than a decade ago after selling his startup to Microsoft, said his "startup roots" prompted the decision. "I've decided to leave GitHub to become a founder again," he said in a blog post, but did not provide details about the new venture. Before becoming CEO, Dohmke helped lead mobile developer tools at Microsoft and worked on GitHub's acquisition alongside former CEO Nat Friedman. Microsoft acquired GitHub in a $7.5 billion all-stock deal in 2018. More than 150 million developers use GitHub's tools to build, maintain and collaborate on software projects, according to the company's website. Microsoft did not immediately respond to a request for comment on Dohmke's successor. His transition period concludes at the end of the year. Dohmke said that under his leadership, GitHub expanded globally, earned U.S. FedRAMP certification for federal use and doubled AI projects on the platform. Axios, which first reported the news, said Microsoft developer division head Julia Liuson will oversee GitHub's revenue, engineering and support. GitHub's chief product officer, Mario Rodriguez, will report to head of product for Microsoft's AI platform Asha Sharma, according to the report. Sign in to access your portfolio
Yahoo
20 minutes ago
- Yahoo
New York Mobile Announces Player Sponsorships During 2025 US Open
New York Mobile (NYM), the innovative wireless provider celebrated for its 'Your Number, Your Identity' approach, today unveiled plans to sponsor a select group of professional tennis players competing at the 2025 US Open. New York NY , Aug. 11, 2025 (GLOBE NEWSWIRE) -- New York Mobile (NYM), the innovative wireless provider celebrated for its 'Create Your Own Number' approach, today unveiled plans to sponsor a select group of the top tennis players in the world rankings competing at the 2025 US Open. The announcement marks a meaningful extension of NYM's commitment to supporting rising talent and connecting digital identity with personal brand. 'We're honored to back athletes who bring ambition, precision, and authenticity to the court—values that reflect the spirit of New York Mobile,' said Giovanni Perone, Co-Founder & Principal of New York Mobile. 'We're finalizing our roster now, and look forward to introducing fans and the media to the players we'll be standing behind starting August 21.' In tandem with its athlete sponsorships, NYM is also expanding its national footprint through the launch of its official dealer program. Designed for independent retailers, wireless stores, and entrepreneurs, the program offers generous activation payouts, exclusive marketing tools, and access to NYM's unique custom phone number creation platform. The dealer initiative underscores NYM's commitment to community-driven growth and opens the door for partners across the U.S. to deliver modern wireless services with local personalized flavor. More details on the program can be found in BestMVNO's coverage of the NYM dealer program launch. NYM's US Open player sponsorships will include branded content, logos on player shirts, social media campaigns, and exclusive behind-the-scenes storytelling throughout the tournament. As a next-generation MVNO powered by Telness Tech and operating on T-Mobile's largest and fastest 5G network, NYM continues to merge technological innovation with cultural relevance. Key Details: Sponsored players will be announced on August 21, 2025. NYM will provide full brand support through digital engagement and on-site activations. Additional updates and athlete features will roll out during the US Open. About New York MobileNew York Mobile is a pioneering U.S. mobile virtual network operator delivering ultra-flexible plans, personalized 'vanity' phone numbers, and nationwide 5G coverage—all with a distinctive New York edge. Learn more at Media Contact:NYM Press Officepress@ 212-212-NYNY CONTACT: New York Mobile 212-212-NYNY press@ in to access your portfolio
