AFI-Uplift Limited
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AFI-Uplift Limited - overview
Established
1998
Location
-, -, UK
Primary Industry
Business Support Services
About
AFI-Uplift Limited is a UK-based company specializing in the rental and sale of powered access equipment, notably mobile elevating work platforms, which support various industrial and construction needs. Founded in 1998 and headquartered in Wakefield, UK, AFI-Uplift Limited focuses on providing powered access solutions. The company has undergone significant transformation, including a Secondary Buyout in August 2019, where it was acquired by Pricoa Capital Group from Rutland Partners. Under the leadership of CEO David McNicholas, AFI-Uplift has expanded its operational capabilities, completing three major deals to date.
The firm raised GBP 85. 00 mn in its latest funding round, which reflects the total amount raised. AFI-Uplift specializes in the rental and sale of powered access equipment, particularly mobile elevating work platforms (MEWPs) such as scissor lifts, boom lifts, mast lifts, and push-around verticals. With over 20 years of industry expertise, the company provides a diverse fleet catering to various sectors including construction and industrial applications.
Their equipment can reach heights of up to 75 meters, aiding in tasks such as building maintenance and infrastructure projects. AFI-Uplift also offers IPAF training and safety equipment supply, helping clients comply with Work at Height Regulations. AFI-Uplift reported a revenue of GBP 61,500,153 for the most recent year in 2023. The company generates revenue through equipment rentals and sales, structured as subscription contracts or project-based agreements.
Their rental services include equipment like cherry pickers and telehandlers, essential for sectors such as construction and telecommunications. Additionally, AFI-Uplift enhances its revenue through its training division, AFI Training, which offers accredited courses in safety and operational skills. Moving forward, AFI-Uplift plans to expand its product offerings and geographical reach. Recent funding will be directed towards launching new powered access solutions designed for enhanced operational efficiency in the construction sector.
The company aims to enter new markets beyond the UK, focusing on opportunities in Europe and North America by 2025. The strategic acquisition of new technology and equipment is expected to support these initiatives, further bolstering the company’s market presence.
Current Investors
Pricoa Capital Group
Primary Industry
Business Support Services
Sub Industries
Equipment Rental & Leasing, Construction
Website
www.afi-uplift.co.uk
Company Stage
Mature
Total Amount Raised
Subscriber access only
AFI-Uplift Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | AFI-Uplift Limited | - | ||||||||
| Add-on, Trade Sale | Completed | Kimberly Rentals Group Ltd. | - | ||||||||
| Add-on | Completed | Rapid Platforms Ltd | - | ||||||||
| Add-on | Completed | Access Rental Gulf LLC | - | ||||||||
| Add-on | Completed | Hi-Reach | - |
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