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 Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 6,581,332 | 8,206,623 | 8,387,633 | 6,866,723 | 8,280,756 | 7,566,123 | 11,776,158 | 10,906,941 | 6,356,870 | 8,381,170 | (2,808,238) | - | - | - |
| Operating Income (USD) | 3,408,338 | 4,814,243 | 5,284,200 | 3,363,096 | 4,988,883 | 4,216,516 | 8,753,261 | 7,899,219 | 4,138,507 | 5,662,823 | (3,481,629) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | 2,567,150 | 3,430,644 | 4,108,650 | 2,663,361 | 3,921,468 | 3,349,085 | 6,917,882 | 6,224,879 | 3,356,941 | 4,514,445 | (3,127,078) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Falcon Lifts - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Falcon Lifts | - |
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Falcon Lifts - employee data


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