About Manitex International
Manitex International is a company based in Bridgeview (United States) founded in 1993 was acquired by Tadano in September 2024.. The company has 705 employees as of December 31, 2023. Manitex International has completed 4 acquisitions, including ASV Holdings, Load King and Oil&Steel. Manitex International offers products and services including Mobile Truck Cranes, Industrial Lifting Solutions, Aerial Work Platforms, Construction Equipment, and Rental Solutions.
- Headquarter Bridgeview, United States
- Employees 705 as on 31 Dec, 2023
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Manitex International, Inc.
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Annual Revenue
$291.39 M6as on Dec 31, 2023
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Net Profit
$7.86 M283as on Dec 31, 2023
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EBITDA
$15.84 M262as on Dec 31, 2023
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Latest Funding Round
$32.7 M (USD), Post-IPO
May 25, 2018
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Investors
Tadano
& 1 more
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Employee Count
705
as on Dec 31, 2023
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Investments & Acquisitions
ASV Holdings
& 3 more
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Acquired by
Tadano
(Sep 12, 2024)
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Products & Services of Manitex International
Manitex International offers a comprehensive portfolio of products and services, including Mobile Truck Cranes, Industrial Lifting Solutions, Aerial Work Platforms, Construction Equipment, and Rental Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cranes for lifting in infrastructure and construction sites.
Solutions for heavy industry material handling.
Platforms for elevated access in construction tasks.
Equipment supporting building and infrastructure projects.
Rental services for construction machinery and tools.
Funding Insights of Manitex International
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $32.7M
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First Round
First Round
(01 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Post-IPO - Manitex International | Valuation |
investors |
|
| May, 2017 | Amount | Post-IPO - Manitex International | Valuation |
investors |
|
| Jan, 2015 | Amount | Post-IPO - Manitex International | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Manitex International
Manitex International has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Tadano and Renaissance Technologies. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Construction and truck loader cranes are manufactured and distributed.
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Founded Year | Domain | Location | |
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Diversified investment management firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Manitex International
Manitex International has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ASV Holdings, Load King and Oil&Steel. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Aerial work platforms for multiple industries are manufactured by Oil&Steel.
|
1995 | ||||
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Compact machinery and loaders are manufactured for construction and agriculture.
|
1983 | ||||
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Truck-mounted hydraulic cranes are manufactured for industrial use.
|
1959 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Manitex International
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Manitex International Comparisons
Competitors of Manitex International
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Manitex International
Frequently Asked Questions about Manitex International
When was Manitex International founded?
Manitex International was founded in 1993 and raised its 1st funding round 22 years after it was founded.
Where is Manitex International located?
Manitex International is headquartered in Bridgeview, United States. It is registered at Bridgeview, Illinois, United States.
Who is the current CEO of Manitex International?
Michael Coffey is the current CEO of Manitex International.
How many employees does Manitex International have?
As of Dec 31, 2023, the latest employee count at Manitex International is 705.
What is the annual revenue of Manitex International?
Annual revenue of Manitex International is $291.39M as on Dec 31, 2023.
What does Manitex International do?
Manitex International was founded in 1993 in Bridgeview, United States, as a manufacturer of engineered specialized equipment, including boom trucks and cranes. Operations focus on brands such as Manitex Valla, Manitex Sabre, and Little Giant. Products are supplied to commercial, military, and government sectors within the construction and industrial industries.
What products or services does Manitex International offer?
Manitex International offers Mobile Truck Cranes, Industrial Lifting Solutions, Aerial Work Platforms, Construction Equipment, and Rental Solutions.
How many acquisitions has Manitex International made?
Manitex International has made 4 acquisitions, including ASV Holdings, Load King, and Oil&Steel.
Who are Manitex International's investors?
Manitex International has 2 investors. Key investors include Tadano, and Renaissance Technologies.