L Squared Capital Partners Announces Pending Sale of Elevated to APi Group Corporation

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--L Squared Capital Partners (“L Squared”) announced today that APi Group Corporation (NYSE: APG) (“APi”), a global, market-leading business services provider of life safety, security, and specialty services has entered into a definitive agreement to acquire Elevated Facility Services (“Elevated” or “the Company”), a leading provider of elevator and escalator maintenance, repair, and modernization service. The transaction is expected to close in Q2 2024 and