3Phase Elevator, an independent elevator and escalator services provider, has merged with Pittsburgh-based Hadfield Elevator. The merger allows 3Phase to provide geographically contiguous service to customers across Pennsylvania from Philadelphia to Pittsburgh. The Hadfield brand and its team – known to the Pittsburgh and Harrisburg areas for more than 80 and seven years, respectively – will remain unchanged.
Bob Hadfield Jr. and Rick Wood will continue to lead the Greater Pittsburgh and Harrisburg markets, respectively, and are equity owners in the combined company.
“I am excited to merge my family’s namesake company with 3Phase because they are known for the same commitment to customer service and are a like-minded independent elevator company,” said Hadfield Jr. “The combined team will accelerate Hadfield’s growth. I’d also like to thank Ben Rizzo who helped us tremendously with process improvements over the past two years that allowed us to capture the growth that ultimately enabled this exciting new partnership with 3Phase.”
“Hadfield is known for being a collaborative solution provider to our customers and for following through on our commitments,” added Wood. “We’re able to deliver on our promises because we attract the best talent as an employer of choice in the greater Harrisburg and Pittsburgh markets. Our new partnership with 3Phase and the technology systems they add will only strengthen our performance.”
Maven Group served as financial adviser to Hadfield Elevator, and Harvey & Company served as financial adviser to 3Phase.