March 24, 2018 4:47 AM ET

Commercial Services and Supplies

Company Overview of Oracle Elevator Company

Company Overview

Oracle Elevator Company maintains and installs elevators with various types of non-proprietary equipment across the United States. Its services include maintenance, repair, and modernization. The company also offers apparel, outerwear, and hats/bags for men and women through its online store. Oracle Elevator Company was incorporated in 2003 and is based in Dover Plains, New York.

43 Mill Street

Dover Plains, NY 12522-5123

United States

Founded in 2003





Key Executives for Oracle Elevator Company

CEO & President
Chief Financial Officer
Executive Vice President
Vice President of Human Resources
Compensation as of Fiscal Year 2017.

Oracle Elevator Company Key Developments

Oracle Elevator Mulls Acquisitions

Oracle Elevator Company may look for acquisitions. Sean Barrette, Partner at L Squared Capital Partners and Oracle Board Member said “Our goal is to be the partner of choice for independent elevator companies when it is time for them to pursue a sale. We continue to be committed to providing the necessary capital to aggressively pursue acquisitions to enhance Oracle's position as the leading independent elevator maintenance, modernization and repair company.”

Oracle Elevator Announces Relocation of Headquarters; Announces Executive Appointments

Oracle Elevator announced the relocation of the company’s corporate headquarters from Torrington, CT to Tampa, FL, as well as several key team additions. It is expected that the new office will open around October 1, 2017. The new headquarters office will serve as the main operations center for its customer support team and corporate staff. Notably, Tampa’s own Jeffrey Vinik is an investor in Oracle and has provided valuable assistance helping the Company choose Tampa as its new home. Further, Oracle announced the appointment of Kurt Meyer and Vong Keovongsa to the executive management team. Both individuals bring significant elevator industry expertise to the Company and have a strong track record of success working inside growth companies. Kurt Meyer has joined Oracle as Chief Financial Officer and will be based in the new corporate headquarters in Tampa, FL. Kurt brings to Oracle extensive experience in the elevator industry. For the past 3 years, Kurt has served as the Chief Financial Officer for Truck Bodies & Equipment International (TBEI), which employs over 900 employees within five divisions. In the prior 7 years, Kurt was the Chief Financial Officer of Minnesota Elevator. Vong Keovongsa has joined Oracle as Vice President of Human Resources and will also be based in the new corporate headquarters in Tampa, FL. Vong joins Oracle with over 20 years of human resources and business operations experience. Vong oversaw all regional human resource operations for thyssenkrupp, which consisted of 50 branch locations and 3,500 employees.

Oracle Elevator Company Mulls Acquisitions

Oracle Elevator Company is seeking acquisitions. Oracle Elevator Company announced that it has received funding from L Squared Capital Partners, Longview Asset Management, LLC. Sean Barrette, Partner of L Squared Capital Partners, said, “We have been extremely impressed by Oracle's track record of growth and commitment to high quality customer service and safety. Our family office capital base and long-term investment horizon is well suited to support Oracle Elevator Company's geographic expansion, investment in its people and technical expertise, and pursuit of accretive acquisitions."

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