AFI-Uplift announces private equity injection
AFI-Uplift, a powered access platforms specialist that offers machine rentals and sales alongside training and health & safety courses, has bought Facelift (GB). The announcement, in tandem with a long-term financing arrangement with Pricoa Private Capital, is said to be worth c. £160m in total. Facelift reported revenues of £12m in 2018 and has a total rental fleet of 700 machines. The acquisition takes AFI-Uplift’s fleet to 7,500.