Falcon Lifts

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Falcon Lifts - overview

Established

2001

Location

Odense, funen, Denmark

Primary Industry

Industrial Machinery

About

Falcon Lifts specializes in the design and manufacturing of access equipment, particularly known for their innovative spider lifts that offer versatile mobility and impressive working heights for various applications. Falcon Lifts, founded in 2001 in Odense, Denmark, focuses on the development of advanced access solutions. The company underwent a significant ownership change when Dansk Generationsskifte A/S acquired a majority stake in 2017. Thyge Mikkelsen serves as the CEO, bringing valuable leadership to the firm.


Falcon Spider Lifts designs and manufactures specialized access equipment, especially their renowned spider lifts. These lifts are engineered to navigate tight spaces, providing working heights of up to 52 meters. Their product range includes the Falcon 29-52 m series and Falcon 13-27 m series, catering to construction, facility management, and other service sectors across Europe, Asia, and the Middle East. Falcon Spider Lifts generates revenue primarily through direct sales of their access equipment to business clients in construction and maintenance sectors.


Sales often involve individual units or customized sets, with pricing based on model specifications. Their flagship products, such as the Falcon 330Z Vario and Falcon 520 Double Track, play a key role in their revenue model, complemented by post-sales support and collaborations with rental companies. The company aims to expand its product lineup and market reach. Although specific upcoming products have not been detailed, the strategic focus will involve enhancing their existing models and possibly introducing new variants.


Falcon Lifts is also looking to penetrate new markets beyond its current strongholds, particularly targeting regions in Asia and the Middle East over the coming years. The funding from the acquisition in 2017 will aid in supporting these initiatives as they look to enhance product capabilities and broaden their operational footprint.


Current Investors

Dansk Generationsskifte A/S

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

https://falconlifts.com/

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Falcon Lifts - financials

Fiscal Year EndedDec 31, 2010Dec 31, 2011Dec 31, 2012Dec 31, 2013Dec 31, 2014Dec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023
Revenue (USD)--------------
% Revenue Growth (YoY)--------------
EBITDA (USD)6,581,3328,206,6238,387,6336,866,7238,280,7567,566,12311,776,15810,906,9416,356,8708,381,170(2,808,238)---
Operating Income (USD)3,408,3384,814,2435,284,2003,363,0964,988,8834,216,5168,753,2617,899,2194,138,5075,662,823(3,481,629)---
Operating Margin--------------
% EBITDA Margin--------------
NET Income (USD)2,567,1503,430,6444,108,6502,663,3613,921,4683,349,0856,917,8826,224,8793,356,9414,514,445(3,127,078)---
% Net Margin--------------

Falcon Lifts - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedFalcon Lifts-

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Falcon Lifts - employee data

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