Rcapital acquires Liftec Express — second lift-sector carve-out

Rcapital acquired Liftec Express in May 2025 from Otis. Transaction example of Rcapital ability to execute complex carve outs delivering certainty to vendors and advisors. Second investment in lift sector after carve out of Temple Lifts from Hitachi. Under Rcapital ownership Liftec Express benefits from streamlined decision making and turnaround leadership critical to delivering successful turnaround. MD Max Yao quoted: excited to begin this next chapter with Rcapital. Strategic insight and operational support invaluable as we scale Liftec Express.