Sperry Mitchell Advises Start on its Sale to APi Group
New York, NY (June 2025) – Start Elevator (“Start”) of Bronx, NY, has been acquired by APi Group (NYSE: APG). Sperry, Mitchell & Company initiated this transaction, assisted in negotiations, and served as exclusive financial advisor to Start. Hirschler Law served as Start’s legal representative for the transaction. 
Start Elevator (www.startelevator.com) is a non-union elevator services company based in the Bronx, New York. Founded in 1992, by Jack O’Shea, the Company is a leading provider of elevator maintenance, repair, and modernization services, serving a broad customer base throughout the New York metropolitan area. Start is known for its responsive service, technical expertise, and long-standing relationships across the region.
APi Group (www.apigroupinc.com) is global, market-leading business services provider of life safety, security, and specialty commercial services. Headquartered in New Brighton, MN, APi operates a portfolio of industry-leading businesses, with approximately 29,000 team members worldwide.
This acquisition marks a strategic expansion of APi Group’s presence in the elevator services market, which the company entered through its acquisition of Elevated Facility Services Group in 2024. Start Elevator will enhance APi’s growing platform in vertical transportation services and deepen its reach in one of the largest and most complex urban markets in the country.
Commenting on the transaction, Jack O’Shea said, “Start Elevator is excited to have found its forever home with APi Group. Between their focus on Building Great Leaders® and expanding their footprint in the elevator and escalator services industry, it just made sense for us to join the family of companies. We look forward to investing in our teammates’ development and growing over the long term as a part of the APi family.”
Sperry, Mitchell & Company (www.sperrymitchell.com) is an investment banking firm specializing in sell-side, middle-market merger & acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $25 to $550 million.
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