About Bounds Elevator
Bounds Elevator is a Business Services company based in Madisonville (United States) founded in 1953 by Tim Bounds, and was acquired by Elevator Service in April 2024. It operates as an elevator maintenance services are provided across the United States. Its focus areas include Facility Management Services, Hard Services, Elevator and Real Estate and Construction. Its competitors include KONE, TK Elevator, Schindler, Savaria and ATIS Elevator Inspections and 5 more.
Company details
Bounds Elevator was established in 1953 by founder Tim Bounds in Madisonville, United States. Operations are centered on the maintenance and servicing of elevator systems within the building infrastructure sector. Services include routine inspections, repairs, and compliance checks to support vertical transportation needs. The company maintains a presence in the regional market, addressing requirements for commercial and residential properties.
- Headquarters Madisonville, United States
- Founders Tim Bounds
- Stage Acquired
- SectorsBusiness Services
- Phoneβ’β’β’β’ β’β’β’β’
- Website boundselevator.com
- Social LinkedIn Facebook
- Acquired by Elevator Service (Apr 2024)
- Investors
- Acquired byElevator Service
(Apr 2024)
Investors in Bounds Elevator
Bounds Elevator has secured backing from 1 investor. Prominent investors backing the company include Elevator Service.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Elevator services are provided in Grand Rapids since 1987. | 1987 | esigr.com | Grand Rapids, United States |
Investor details for Bounds Elevator
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People of Bounds Elevator
1 people are tracked at Bounds Elevator (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tim Bounds | Founder | Leadership |
Complete people profiles for Bounds Elevator
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Timeline of Bounds Elevator
2 dated milestones of Bounds Elevator across 71 years, from founding to its latest funding, stage changes and deals.
- Founded Bounds Elevator is founded.
- Exit Acquired by Elevator Service.
Competitors of Bounds Elevator
Bounds Elevator has 10 listed competitors in our database. They include KONE, TK Elevator, Schindler, Savaria and ATIS Elevator Inspections, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kone.com | 1910 | Espoo, Finland | – | 55,075 | Elevators, escalators, and maintenance services for buildings are provided. | |
| tkelevator.com | 2002 | Delhi, India | – | – | Management consulting, business, and infrastructure services are provided. | |
| schindler.com | 1874 | Ebikon, Switzerland | – | 61,019 | Elevator maintenance and repair services are provided worldwide. | |
| savaria.com | 1979 | Laval, Canada | – | – | Lifts and elevators are manufactured and supplied by Savaria. | |
| atis.com | 2013 | Saint Louis, United States | – | 168 | Provider of premier elevator inspection services | |
| johnsonliftsltd.com | 1963 | Chennai, India | – | 461 | Manufactures and installs lifts and escalators for buildings and infrastructure. | |
| nibavlifts.com | 2019 | Chennai, India | – | 1,207 | Provides comprehensive solutions for vacuum home lifts and residential elevators. | |
| motum.se | 2013 | Stockholm, Sweden | – | – | Elevator installation, modernization, servicing, and repair solutions are provided. | |
| champion-elevator.com | 2014 | New York, United States | – | 90 | Provides comprehensive residential and commercial elevator services. | |
| rjlifts.co.uk | 1992 | – | – | 146 | Commercial lift installation and maintenance services are provided to businesses. |
Detailed competitors of Bounds Elevator
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Top companies in Facility & Event Management Services
10 companies that operate in the same segment as Bounds Elevator (Facility & Event Management Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Live entertainment events and ticketing services are managed worldwide. | 2005 | Beverly Hills, California, United States | – | USD 25.2 B | 16,200 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
Security solutions and business support services are provided globally. | 1998 | Delhi, Delhi, India | USD 54.68 M | USD 1.7 B | 192,810 | |
Elevators, escalators, and moving walkways are manufactured, installed, and serviced. | 1853 | Farmington, United States | – | USD 14.43 B | 72,000 | |
Provider of security solutions with manned guarding, logistics, alarms, cybersecurity, and private security internationally | 1976 | Madrid, Madrid, Spain | – | USD 2.17 B | 56,530 | |
Integrated facility management services are provided to businesses worldwide. | 1901 | Copenhagen, Denmark | – | USD 13.32 B | 326,480 | |
Provider of diversified physical security services | 1901 | London, England, United Kingdom | USD 541 M | – | – | |
Developer, operator, and franchisor of trampoline and active entertainment parks | 2004 | Provo, Utah, United States | – | – | 335 | |
Provider of diversified professional and investment management services | 1976 | Toronto, Ontario, Canada | – | USD 5.67 B | 22,940 | |
Ascential is integrated into Informa Group for B2B events. | 1947 | London, England, United Kingdom | – | USD 256.74 M | 3,611 |
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Related news about Bounds Elevator
Complete news archive for Bounds Elevator
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Frequently Asked Questions about Bounds Elevator
Bounds Elevator was founded in 1953.
Bounds Elevator is headquartered in Madisonville, United States. It is registered at Madisonville, Kentucky, United States.
Bounds Elevator was established in 1953 by founder Tim Bounds in Madisonville, United States. Operations are centered on the maintenance and servicing of elevator systems within the building infrastructure sector. Services include routine inspections, repairs, and compliance checks to support vertical transportation needs. The company maintains a presence in the regional market, addressing requirements for commercial and residential properties.
Bounds Elevator's top competitors include KONE, TK Elevator and Schindler.
Bounds Elevator has 1 investor. Key investors include Elevator Service.
Yes. Bounds Elevator was acquired by Elevator Service in April 2024.

