At what enterprise value was LIFTERZ acquired in 2019?

During the acquisition of LIFTERZ by SPEEDY HIRE in 2019, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 10M - 30M GBP. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.3x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of LIFTERZ when it was acquired by SPEEDY HIRE?

The estimated EV/EBITDA multiple for LIFTERZ is in the range of 5x - 12x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.3x. Join our community for free to access full valuation data and industry trends.

When was LIFTERZ acquired by SPEEDY HIRE?

LIFTERZ was acquired by SPEEDY HIRE in 2019.

What was the revenue of LIFTERZ at the time of the deal?

The revenue of LIFTERZ at the time of the deal is estimated to be in the range of 5M - 25M GBP. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of LIFTERZ during the acquisition?

LIFTERZ's EBITDA is estimated to be in the range of 0M - 5M GBP. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the LIFTERZ acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the LIFTERZ deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.marketscreener.com/quote/stock/SPEEDY-HIRE-PLC-4001626/news/Speedy-Hire-Plc-acquired-Lifterz-LTD-for-21-5-million-34378674/

← DATABASE

Home Database Business ServicesLIFTERZ

03/2019

LIFTERZ acquired by SPEEDY HIRE

UNITED KINGDOM Industrial Services / Equipment Rental EV 10M - 30M GBP

Context

Speedy has acquired Lifterz, a UK-based aerial lift and access equipment rental specialist, as part of an external growth strategy aimed at bolstering its position in the equipment rental market. The acquisition enables Speedy to strengthen its presence in the access segment and enhance its territorial coverage in the UK, particularly in areas where Lifterz has a strong foothold. This move is part of a broader strategy to establish a comprehensive national offering that can cater to the needs of major accounts across the entire territory. Following the acquisition, the founding family will remain involved in the operational management of Lifterz to ensure continuity in the development of the group within the expanded Speedy entity. The integration is also expected to generate commercial and operational synergies, notably through the expansion of the offering and the optimization of the existing depot network.

LIFTERZ, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).

-> Deep-dive in Business Services market trends

Target

Lifterz is a UK-based company specializing in the rental of aerial work platforms and high-access equipment to professionals in the construction, industrial, and maintenance sectors. As a major regional player in Northern England, the group relies on a fleet of over 1,300 aerial lifts (scissor lifts and boom lifts) tailored to meet the unique requirements of sites demanding specialized equipment for elevated work.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (GBP)

Year

Rev

EBITDA

EBIT

2021

2020

Similar deals in Industrial Services

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
05/2019	ACCES INDUSTRIE	NOVELIS	FRANCE	Equipment Rental
04/2019	RAMIRENT	STAVDAL	SWEDEN	Equipment Rental
02/2019	MISTRAS GROUP	ONSTREAM PIPELINE INSPECTION	CANADA	TIC (Testing, Inspection, Certification)
12/2018	RAMIRENT	SRV KALUSTO	FINLAND	Equipment Rental
10/2018	KILOUTOU	MICHAUD LOCATION	FRANCE	Equipment Rental
06/2018	WARBURG PINCUS	SUPPLIER ASSESSMENT SERVICES	UNITED KINGDOM	TIC (Testing, Inspection, Certification)
06/2018	MBO+	GROUPE LOCATION TRANSPORT	FRANCE	Equipment Rental
05/2018	CINVEN	JLA	UNITED KINGDOM	Equipment Rental
04/2018	EUROFINS SCIENTIFIC	COVANCE FOOD SOLUTIONS	UNITED STATES	TIC (Testing, Inspection, Certification)
02/2018	HLD	KILOUTOU	FRANCE	Equipment Rental

REFERENCES

Valuation range: EV 10M - 30M GBP

Revenue range: 5M - 25M GBP

EBITDA range: 0M - 5M GBP

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LIFTERZ by SPEEDY HIRE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: speedy hire