Lift Works has been acquired by Sunbelt Rentals

Lift Works, Inc. has been sold to Sunbelt Rentals, Inc.

Founded in 2003 and headquartered in St. Charles, Illinois, Lift Works is a leading, independent aerial lift-focused equipment rental service provider offering best-in-class solutions to small and mid-sized contractors in the greater Chicagoland market and throughout the Midwest.

Sunbelt Rentals ranks second on Rental Equipment Register’s list of the world’s largest equipment rental companies (RER 100) and constitutes the US operations of Ashtead Group plc (LSE:AHT), a UK-based, publicly traded international equipment rental company with a market capitalization of over US$25 billion. This acquisition increases Sunbelt’s density in the Chicagoland market, expanding its roster of small to mid-sized contractors while preserving the industry-leading customer service and company culture that Lift Works has cultivated over the course of its 19-year history.

Oaklins TM Capital in the US served as the exclusive financial advisor to Lift Works, Inc. in its sale to Sunbelt Rentals, Inc., a subsidiary of Ashtead Group plc (LSE:AHT). Oaklins TM Capital is a market leader in the aerial lift and broader equipment rental and dealer sectors, having completed multiple recent transactions involving both financial and strategic buyers/partners while publishing authoritative industry research.