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3Phase Elevator Announces Executive Appointments to Enhance its National Growth Strategy

November 10, 2021 GMT

CANTON, Mass.--(BUSINESS WIRE)--Nov 10, 2021--

3Phase Elevator (“3Phase” or the “Company”), a leading independent elevator and escalator services provider, today announced it is expanding its senior executive team with the appointments of Bill Tamul as Executive Vice President and Head of M&A and Lisa Foley as Vice President of Human Resources. The Company also announced the promotions of Leanne Flannery and Mick Carnevale to expanded roles and responsibilities. In addition to her current role as Chief Financial Officer, Ms. Flannery will now serve as Chief Administrative Officer, and Mr. Carnevale will serve as Northeast Regional President. All four executives are seasoned leaders with significant track-records of success that will help bolster the Company’s national expansion strategy and continued growth.

“We are thrilled that Bill and Lisa have joined the 3Phase family,” said Michael Strachan, Chief Executive Officer of 3Phase Elevator. “Their strong backgrounds in M&A and Human Resources, respectively, will be critical to further advancing our goal of building the leading independent elevator services company. We are also very pleased to announce the well-deserved promotions of Leanne and Mick, each of whom have served as valuable members of our team and have been an integral part of our success and growth to date. With these new hires and promotions, we believe we are strategically positioned to continue executing on our growth strategy.”

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Mr. Tamul joins 3Phase from JMC Capital Partners, where he served as an Operating Partner responsible for the complete lifecycle of private equity investments, from deal generation, diligence and transaction execution to operational oversight and exit. He has more than 20 years of experience executing mergers and acquisitions. At 3Phase he will be responsible for driving the mergers and acquisition strategy of the business, which includes deal generation and transaction execution. He will also support the integration of acquired businesses into 3Phase. Since its inception, 3Phase has completed nine mergers and acquisitions, including six in 2021.

Ms. Foley has more than 20 years of experience as a human resources senior leader, aligning human capital strategies to company goals and objectives. She joins 3Phase from Community Intervention Services, where she served as Senior Director of Human Resources responsible for Total Rewards and employee relations.

Ms. Flannery joined 3Phase as its Chief Financial Officer in 2020 and has managed all aspects of the Company’s accounting and financial management. In her new, additional role as Chief Administrative Officer, Ms. Flannery will also be responsible for overseeing the Company’s human resources, information technology, and safety and security functions.

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Since joining 3Phase in 2020, Mr. Carnevale has served as a District President. Prior to joining the Company, he served as a New Business Development Manager and District Vice President at Thyssenkrupp Elevator. In his new role as Regional President, Mr. Carnevale will oversee the Company’s Northeast operation and sales.

About 3Phase Elevator

Founded in 1996, and headquartered in Canton, Mass., 3Phase Elevator is a leading independent provider of elevator and escalator maintenance, repair, and modernization services in 14 states across the eastern part of the United States. The company is built on a foundation of exceptional customer service and has approximately 11,000 units in its care. 3Phase has completed nine mergers and acquisitions, including six this year, and in June 2021 received an investment from Boston-based investment firm Berkshire Partners. For additional information, visit www.3phaseelevator.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211110006069/en/

Sarah Kulka -press@berkshirepartners.com 

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY BUILDING SYSTEMS

SOURCE: 3Phase Elevator

Copyright Business Wire 2021.

PUB: 11/10/2021 12:00 PM/DISC: 11/10/2021 12:02 PM

http://www.businesswire.com/news/home/20211110006069/en