Multiquip

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

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

• Construction equipment
• Power generators
• Concrete finishing
• Light towers
• Plate compactors

Headquarters

HQ city

Cypress

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. 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
2. Power Generator Sales: Sale of power generators and related power solutions under the MQ Power brand
3. Lighting Equipment Sales: Sale of lighting solutions including light towers for construction and industrial applications
4. 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

Core 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

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

One partnership is on record.

• BoomicoreTechnology or Integration · 1 January 2025Multiquip 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

Direct 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

• Xx.com/mqinc
• YouTubeyoutube.com/user/MultiquipTV
• Facebookfacebook.com/multiquip-inc-130337683652904
• LinkedInlinkedin.com/company/multiquip-inc.
• Instagraminstagram.com/multiquipinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multiquip