Arcline Investment Management of San Francisco said Tuesday it acquired Jersey Elevator.
Established in 1974, Matawan-based Jersey Elevator is a leading, independent provider of elevator maintenance, modernization and installation services in New Jersey and Pennsylvania.
According to the company, it has established an unmatched reputation for customer service, quality and responsiveness reinforced by its trained professional technicians.
“Forty-six years after my father founded the company, this move provides us with a strong foundation for the continued development of the business. I am excited to be working with Arcline to create lasting growth within our industry,” said John Sweeney, president of Jersey Elevator.