Readypower Engineering

Readypower Engineering provides specialized rail and infrastructure services, utilizing a diverse fleet of rail plant equipment to deliver civil engineering and drainage solutions across the UK. Readypower Engineering operates in the rail and infrastructure sector, providing on-track plant services and civil engineering solutions. The company was acquired by Angel Trains from Primary Capital in January 2022, enhancing its operational capabilities. Russell Jack serves as the CEO of the company, with a focus on expanding service offerings and improving operational efficiency.

The headquarters is located in the UK, with strategic hubs established across England, Scotland, and Wales. Readypower Group specializes in a broad range of rail and infrastructure services, featuring one of the UK's largest and most varied specialist rail plant fleets. Their offerings include operated on-track plant services, civil engineering solutions, and specialist drainage services, primarily catering to principal contractors in the rail and infrastructure sectors. The company boasts an extensive portfolio, having completed over 50 foundation schemes in the last decade, while their innovative suction excavation services enhance safety and operational efficiency.

In 2023, Readypower Engineering reported a revenue of USD 61. 81 mn and an EBITDA of USD 14. 16 mn. Their revenue model focuses on B2B transactions, engaging directly with large-scale clients through long-term agreements and project-based contracts, ensuring tailored solutions to meet client needs.

Following its acquisition in January 2022, Readypower Engineering aims to invest in advanced machinery and technology to enhance their service offerings related to critical rail assets. The company is focused on expanding into new geographic regions while continuing to develop its existing services. The investment from the acquisition will facilitate these developments, allowing Readypower to provide long-term solutions that meet evolving industry demands.