07.10.2021

New York consolidator?

New York based US Service Group, of which Able Rigging of Deer Park, New York is a member, has acquired specialised transport and rigging company Transcope Services of Randolph, New Jersey.

Founded in 1964, Transcope offers its specialist services to manufacturers and installers of elevator, escalator and moving walkways. President Mark Elfant plans to remain with the company on a consulting basis providing strategic guidance to help grow the business.

US Service Group was set up by Steve Laganas, who also owns Able Rigging, as a vehicle to build a national rigging and machinery moving business.

"US Service Group was formed to allow us to seek out business opportunities on a national basis," said Laganas. "Acquiring Transcope strengthens our presence in the Northeast and expands our services into an attractive sector of rigging services. Expansion into new regions and lines of business is a key component of our growth strategy. We're very excited to add a company with Transcope's history and reputation to our group."