Multiquip
- Company typePrivate
- Founded1973
- HeadquartersCypress, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Multiquip firmographics
Firmographics- Name
- Multiquip
- Legal name
- Multiquip Inc.
- Website
- https://multiquip.com
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Multiquip industry classification
Industry- Product category
- Construction Equipment Manufacturing
- NAICS
- Other General Purpose Machinery Manufacturing (3339), Pump and Compressor Manufacturing (33391), Fluid Power Pump and Motor Manufacturing (333996), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)
- SIC
- General Industrial Machinery & Equipment (3560), Pumps & Pumping Equipment (3561), Electrical Industrial Apparatus (3620), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564)
- akta.pro primary industry
- Specialty Power Systems MRO (Generators, Compressors, Pumps, Welders) (TLAKAHAJ)
- akta.pro secondary industry
- Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses) (TLAKAHAI)
Keywords
Where Multiquip is headquartered
LocationHeadquarters
- HQ city
- Cypress
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Multiquip business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Construction Equipment Sales: Sale of light to medium construction equipment including plate compactors, power buggies, concrete pumps, mixers, rammers, rollers, screeds, and ride-on trowels
- Power Generator Sales: Sale of power generators and related power solutions under the MQ Power brand
- Lighting Equipment Sales: Sale of lighting solutions including light towers for construction and industrial applications
- Parts and Service: Parts sales through online ordering and service support including technical documentation, warranty support, and service centers
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Multiquip product offering
Product offeringCore offering
Multiquip Inc. manufactures and supplies light to medium construction equipment, power generators, and lighting solutions for the construction, industrial, telecom, government, non-commercial, aerospace, entertainment, and oil & gas exploration markets. The company distributes its products in more than 70 countries through thousands of authorized distribution partners, operating under multiple trusted brands including MQ Whiteman, MQ Power, MQ Essick, MQ Mayco, and Mikasa.
Product overview
Multiquip is a diversified manufacturer and supplier of construction equipment with multiple product lines under brands including MQ Whiteman, MQ Power, MQ Essick, MQ Mayco, and Mikasa. The product portfolio includes Construction Solutions (power buggies, concrete finishers/trowels, plate compactors, rammers, rollers, screeds, saws), Power Solutions (generators, welders), and Lighting Solutions (light towers). Supporting services include documentation (operation/parts manuals, technical information documents, service schematics), service centers, warranty support, and the University of Multiquip learning resource center. Products are distributed in more than 70 countries through thousands of authorized distribution partners.
Differentiator
Problem solved
Functional benefit
Brands
- MQ Whiteman: Concrete finishing equipment including ride-on trowels and power buggies
- MQ Power
- MQ Essick
- MQ Mayco
- Mikasa
Products and services
- MQ Whiteman TuffTruk Walk-Behind Power Buggies Compact walk-behind power buggies designed for interior demolition, environmental remediation, general construction, landscaping, and utility work. Features 4-wheel drive, a patented articulated design, and the ability to pass through 36-inch openings.
- MQ Whiteman Track-Drive Power Buggies Track-drive power buggies with an aggressive track pattern engineered for travel through soft soils and muddy site conditions.
- MQ Whiteman Front-Wheel Drive Power Buggies Front-wheel drive power buggies for concrete placement, material sub-base distribution, landscaping, and job site cleanup, featuring 16 cubic foot polyethylene tubs.
- TB12SE TuffTruk Battery-Powered Walk-Behind Buggy 6 cu.ft. steel tub battery-powered walk-behind buggy with 4-wheel drive, 40-degree articulation angle, and 8-hour run time under full load, designed for zero-emission operation with 529 lb operating weight.
- WBH-16BAT Battery-Powered Power Buggy Battery-powered walk-behind power buggy added to the Multiquip product lineup, delivering zero-emission operation for indoor and noise-sensitive jobsites.
- MD105 Ride-On Trowel (Concrete Finisher) 10-foot wide MQ Whiteman concrete finisher with dual 25HP Honda EFI engines, non-overlapping twin six-blade rotors, and reduced operating weight (approximately 30% lighter) for earlier slab entry and multistory deck work.
- MD80 Ride-On Trowel (Concrete Finisher) 8-foot wide MQ Whiteman concrete finisher with six-blade rotors and hydraulic drive, engineered to minimize operator fatigue and reduce maintenance costs.
- MVC60 Series Forward Plate Compactors Compact forward plate compactors engineered to deliver high frequency vibration with a small footprint for soil and asphalt compaction on confined jobsites.
Quantifiable outcome
- 80% of technician support queries automated
- +2 more outcomes
Companies that use Multiquip
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Multiquip technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature4 records
Multiquip partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BoomicoreMultiquip implemented Boomi's agentic AI platform to automate customer support calls, starting late 2024. The project achieved its goal of reducing AI hallucinations to below 2% while integrating with systems like HubSpot, resulting in improved customer experience and employee productivity with ROI realized in less than six months. The initiative was designed to enhance customer service and create a new revenue stream by repurposing skilled technicians as advisors.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Multiquip competitors and assessment
Company assessmentDirect peers
- Bobcat Company (Doosan Bobcat): Bobcat is a leading manufacturer of compact construction equipment including skid-steer loaders, compact track loaders, and attachments, competing with Multiquip in job-site equipment and increasingly in electrification through its all-electric platforms.
- Doosan Portable Power: Doosan Portable Power manufactures portable compressors, generators, and light towers, directly competing with Multiquip's MQ Power and lighting tower product lines in jobsite power applications.
- Wacker Neuson: Wacker Neuson is a global manufacturer of compact construction equipment, including plate compactors, rammers, and concrete finishing products, directly overlapping with Multiquip's core construction equipment portfolio. It is one of Multiquip's closest publicly traded comparables in light/medium construction machinery.
- Generac Holdings: Generac is a major manufacturer of power generation equipment, light towers, and mobile power solutions, directly competing with Multiquip's MQ Power generators and lighting solutions product lines. It represents the most relevant direct comparable in Multiquip's Power & Lighting segment.
- Toro Company: Toro manufactures compact construction, concrete, and site preparation equipment alongside its well-known turf business, with direct overlap in ride-on trowels, buggies, and compactors. Its diversified product portfolio and distribution model are highly comparable to Multiquip's multi-brand, channel-led approach.
- Husqvarna Construction: Husqvarna's construction division manufactures concrete and masonry equipment including power buggies, trowels, screeds, and surface preparation equipment, providing direct product overlap with Multiquip's concrete finishing portfolio.
Broad incumbents
- Honda Power Equipment: Honda Power Equipment is a major manufacturer of generators, pumps, and compact construction equipment and also supplies engines used in Multiquip products, making it both a direct competitor in portable power and an upstream supplier relationship.
- Kubota: Kubota manufactures compact construction equipment and is also a major engine supplier powering many competitor products, making it both a peer in compact equipment (tractors, mini-excavators) and a relevant comparison for Multiquip's reliance on engine suppliers like Honda.
- Atlas Copco: Atlas Copco is a broad industrial incumbent manufacturing compressors, generators, light towers, and a wide range of construction tools, with significant overlap to Multiquip's MQ Power generators and light tower offerings as part of a much larger portfolio.
- Caterpillar: Caterpillar is the largest global construction equipment OEM, with adjacent product lines in compact construction equipment and power generation that overlap parts of Multiquip's portfolio. As a broad incumbent, it competes across multiple of Multiquip's served segments rather than specializing in any one.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Multiquip social profiles
Digital presenceMultiquip financial estimates
Financial estimateRevenue estimate
Valuation estimate
Multiquip leadership team
Management profileNumber of profiles
Profiles2 records
Multiquip funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Multiquip M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Multiquip
What does Multiquip do?
Multiquip Inc. manufactures and supplies light to medium construction equipment, power generators, and lighting solutions for the construction, industrial, telecom, government, non-commercial, aerospace, entertainment, and oil & gas exploration markets. The company distributes its products in more than 70 countries through thousands of authorized distribution partners, operating under multiple trusted brands including MQ Whiteman, MQ Power, MQ Essick, MQ Mayco, and Mikasa.
Is Multiquip a public or private company?
Multiquip is a private company. It is classified as unknown and is currently operating.
When was Multiquip founded?
Multiquip was founded in 1973. It employs 501 to 1,000 people.
Where is Multiquip based?
Multiquip is headquartered in Cypress, United States, in the North America region.
How does Multiquip make money?
Four revenue lines are on record. Construction Equipment Sales are the primary driver. The others are power Generator Sales, lighting Equipment Sales and parts and Service.
Who are Multiquip's main competitors?
Direct peers on record are Bobcat Company (Doosan Bobcat), Doosan Portable Power, Wacker Neuson, Generac Holdings, Toro Company and Husqvarna Construction. Broad incumbents are Honda Power Equipment, Kubota, Atlas Copco and Caterpillar.
Does Multiquip have an API?
No public API is recorded for Multiquip.
What industry is Multiquip in?
Multiquip's product category is Construction Equipment Manufacturing. Its primary akta.pro industry code is TLAKAHAJ, Specialty Power Systems MRO (Generators, Compressors, Pumps, Welders), with a secondary code of TLAKAHAI, Hydraulic, Pneumatic & Fluid Power Systems MRO (Cylinders, Pumps, Valves, Hoses). Its NAICS code is 3339 and its SIC code is 3560.