TEI Group and TAKA Elevator Merge: A Bright Future Ahead

See the actions we're taking to combat the spread of COVID-19:

News Post


TEI Group and TAKA Elevator Merge: A Bright Future Ahead

TEI Group and TAKA Elevator Merge: A Bright Future Ahead

TAMPA, FL. January 3, 2025–TEI Group, a leader in comprehensive elevator services in the New York Metropolitan Area and the US Southeast region, is pleased to announce the acquisition of TAKA Elevator, an independent provider of elevator services based in Orlando, Florida.

“Our future in the Southeast is brighter than ever before,” says Chad Posey, Southeastern Regional EVP at TEI Group.

Only a year operating in the Southeast market, TEI Group has been fruitful, thoughtfully expanding its imprint and building a name for itself in the region. Now with the strategic pairing of TEI Group and TAKA Elevator, this marks a significant industry milestone. TAKA Elevator, known for its top-notch customer service, brings a strong reputation, customer base and practices. Its management team’s 50+ years of combined experience in installing, modernizing and servicing elevators throughout Florida has enabled the company to flourish since its inception.

“I am extremely proud of the business we have built at TAKA over the last 13 years,” says Patrick Lalchandani, President of TAKA Elevator. “I believe that treating people right, both team members and customers alike, and performing quality, safe installation, repair and service is the key to a successful business. After meeting with Chad and Mark, TEI and TAKA’s aligned values and vision make this union a resounding yes.”

Uniting these key industry players creates great synergy and excitement not only for the elevator providers but for building owners and the riding public as it will also produce a stronger workforce and competitive services in the region. 


“Mary and Patrick Lalchandani have built an outstanding company with a stellar reputation. They look forward to expanding their capabilities within the TEI Group. Mary and Patrick will report directly to Southeastern Regional EVP Chad Posey. Current field personnel have been evaluated and will remain on the team becoming IUEC members,” says Mark Gregorio, President of TEI Group.

Today, TEI Group has grown its business to over $150M within the New York Metropolitan market, while maintaining its core values of safety, integrity and quality. With the addition of TAKA Elevator, it plans to combine resources and expertise to provide innovative solutions that will meet the evolving needs of the customers and lead it closer to achieving monumental success in the Southeast.

ABOUT TEI GROUP
TEI Group recently opened its first U.S. Southeastern branch in Tampa, Florida in 2024 and is well positioned for success. TEI Group’s history stems from the U.S. Northeastern region as the largest independent vertical transportation company, in the greater NY Metro Area, delivering comprehensive services, with more than three decades of experience and success that provides new construction, modernization, maintenance, and repair services to properties. With its headquarters in Long Island City, NY, and a satellite office adjacent to Penn Station in Manhattan, TEI Group employs over 300 highly skilled and experienced professionals servicing the residential and commercial real estate markets in the tri-state area. An owner-operated business, TEI Group offers a unique combination of technical expertise and personalized customer support that continues to define the company and fuel its ongoing growth. TEI is an equity partner of Analogue Holdings Limited (HKG: 1977), a leading electrical and mechanical engineering service provider in Hong Kong with substantial operations in Macau and mainland China. 
www.teigroup.com

ABOUT TAKA ELEVATOR
TAKA Elevator Company, LLC. was established in 2012 and based in Orlando, Florida, with a focus on providing innovative, high-quality elevator installation, modernization and service solutions tailored to the needs of its customers. The company’s philosophy emphasizes environmentally conscious practices, while ensuring optimal traffic flow and user experience in their elevator systems. TAKA Elevator has positioned itself as a customer-centric provider throughout the entire state of Florida, and over the years, TAKA Elevator has developed a reputation for innovation within the elevator industry by integrating modern technologies into their offerings. Their commitment to quality service and customer satisfaction continues to drive their growth and development in the competitive market of elevator solutions.
www.takaelevator.com