M&A Deal Summary

Nationwide Platforms Acquires UK Platforms

On January 14, 2019, Nationwide Platforms acquired machinery company UK Platforms from HSS Hire for 61M GBP

Acquisition Highlights
  • This is Nationwide Platforms’ 1st transaction in the Machinery sector.
  • This is Nationwide Platforms’ 0th largest (disclosed) transaction.
  • This is Nationwide Platforms’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-01-14
Target UK Platforms
Sector Machinery
Buyer(s) Nationwide Platforms
Sellers(s) HSS Hire
Deal Type Divestiture
Deal Value 61M GBP

Target

UK Platforms

Lutterworth, United Kingdom
UK Platforms Ltd. is a nationwide hire company providing supplying an extensive range of full range of the latest powered access equipment, electric and diesel-powered access products, including scissor lifts, boom lifts, and telehandlers. its customers base is spread across a range of industries including construction, facilities management, maintenance, and signage.

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Buyer(S) 1

Buyer

Nationwide Platforms

Lutterworth, United Kingdom
Category Company
Sector Machinery
DESCRIPTION

Nationwide Platforms Ltd. offer access platforms, including scissor lifts, boom lifts, cherry pickers, man lifts, aerial work platforms, mobile cranes, safety training and site surveys for working at height projects for both indoors and outdoors throughout the UK.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

HSS Hire

Manchester, United Kingdom
Category Company
Founded 1957
Sector Business Services
Employees2,000
Revenue 349M GBP (2023)
DESCRIPTION

HSS Hire is a national supplier of tools, equipment and related services. HSS is a tool and equipment hire chain that has been serving big businesses, trade and DIY customers since 1957. Operating under the banner of HSS Hire, the group has an established nationwide network with a 2,000-strong workforce and a fleet of over 500 liveried vehicles. HSS operates from a national network of 230 distribution centres and branches in UK and Ireland. HSS Hire was formed in 1957 and is based in Manchester, United Kingdom.

DEAL STATS #
Overall 1 of 3
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 3
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 All Seasons Hire

Hampshire, United Kingdom

All Seasons Hire is an HVAC rental companies, focussed on delivering specialist heating and cooling solutions to a blue-chip customer base including FM’s, manufacturing, logistics, local government, and M&E contractors. All Seasons Hire was established in 2006 and is based in Hampshire, United Kingdom.

Buy £11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 All Seasons Hire

Hampshire, United Kingdom

All Seasons Hire is an HVAC rental companies, focussed on delivering specialist heating and cooling solutions to a blue-chip customer base including FM’s, manufacturing, logistics, local government, and M&E contractors. All Seasons Hire was established in 2006 and is based in Hampshire, United Kingdom.

Sell -
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