LIFTERZ
Acquired by
SPEEDY HIRE
LIFTERZ acquired by SPEEDY HIRE
Target
LIFTERZ
Acquirer
SPEEDY HIRE
Context
Speedy Hire acquired Lifterz. This acquisition was a cornerstone of Speedy's strategy to build a national powered access business, following the previous acquisitions of Prolift and Platform Sales & Hire. It significantly strengthened Speedy's presence in the North of England.
LIFTERZ, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN discount to the 11.3x average currently observed in the Business Services sector.
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
-> Deep-dive in Business Services market trends
Target
A major regional player in the North of England specializing in the rental of powered access equipment (scisssor lifts, boom lifts). Lifterz operated a high-quality fleet of approximately 1,300 machines.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples Analysis
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Other operations with LIFTERZ
mynth data is contributed by M&A / PE professionals and systematically cross-verified against private deal documents and official releases. All source materials are destroyed post-validation to guarantee data anonymity and compliance.