Company profile: Hitec Lift Trucks
1.1 - Company Overview
Company description
- Provider of cleaning, material handling, and warehousing equipment for commercial and industrial sectors, offering forklift hire and sales (new and used, including Hyster, JCB and Combilift), scissor lifts, pallet trucks, telehandlers, industrial cleaning equipment, regular maintenance, scheduled servicing and breakdown support, plus parts supply available for delivery or collection.
Products and services
- Forklift Sales: Delivers industrial-grade new and used forklifts for purchase, featuring Hyster, JCB, and Combilift models for material handling and warehousing across commercial and industrial sectors
- Forklift Hire: Offers commercial-grade short-term and long-term forklift hire to suit various business needs across commercial and industrial sectors for material handling and warehousing
- Material Handling Equipment: Supplies warehouse-grade equipment including scissor lifts, pallet trucks, and telehandlers for material handling across commercial and industrial sectors
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Hitec Lift Trucks
Hamilton Grant
HQ: Bermuda
Website
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- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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AIS Automation
HQ: Germany
Website
- Description: Provider of innovative, flexible and economical software solutions for factory automation, plant integration, and line control systems, including FabEagle MES for production control and FabEagle PQMS for equipment and process data.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Instrumental
HQ: United States
Website
- Description: Provider of software that enables assembly lines to autonomously operate, learn, and adapt parts and processes. Helps customers find and fix issues to prevent development schedule slips, start production at higher yields, and reduce scrap and rework costs, using high-resolution manufacturing data to ship hardware products on time.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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DIMO Maint
HQ: France
Website
- Description: Provider of scalable CMMS and facility management solutions for maintenance: DIMO Maint MX (cloud CMMS with equipment, work orders, inventory, preventive scheduling, mobile support); DIMO Maint OM (on‑premise CMMS with equipment tracking, work orders, integration); DIMO Maint FM (site/resource management, preventive maintenance, reporting); DIMO Maint App (offline mobile to view work orders, equipment info, and update records).
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Dattus
HQ: United States
Website
- Description: Provider of hardware and software solutions that enable data-driven decision making for industrial facilities, guiding clients through Industry 4.0 to achieve near zero downtime and increase safety.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Hitec Lift Trucks
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Hitec Lift Trucks
2.2 - Growth funds investing in similar companies to Hitec Lift Trucks
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4 - Top valuation comps for Hitec Lift Trucks
4.2 - Public trading comparable groups for Hitec Lift Trucks
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