Waco International

What Waco International does

Waco International is a privately held equipment rental and industrial services company headquartered in Elandsfontein, Johannesburg, South Africa, founded in 1952. It operates through two principal divisions, Waco Africa and Waco Kwikform, encompassing wholly-owned subsidiary brands (FormScaff, Sanitech, SkyJacks, SGB Cape, Waco Modular, WES, Waco Australasia, United Scaffolding Group, and Star Scaffolds) that deliver formwork, scaffolding, powered access, portable sanitation and hygiene, and relocatable modular buildings to construction and industrial customers across more than 18 countries in Africa and Australasia, with additional presence in the UK and Chile. The company reports approximately 19,000 customers and a workforce of 5,001–10,000 employees, and holds a Level 2 Broad-Based Black Economic Empowerment (BBBEE) certification that supports access to South African public-sector and large-corporate tenders.

The business generates revenue through two streams: recurring equipment rental (formwork, scaffolding, powered access, portable sanitation, and modular buildings) and professional industrial services (engineering and design, on-site labour, project management personnel, rigging, painting, and blasting). Pricing is usage-based and quote-driven, varying by equipment type, rental duration, and project scope, with pay-as-you-go billing as the standard cadence and custom terms for long-duration contracts. Go-to-market is sales-led and direct: Waco reaches enterprise customers through its own branch network across Africa and Australasia, with no third-party distribution channels identified. The technology stack is conventional fleet management for an industrial rental operator, and no proprietary software platform, APIs, or AI/ML capabilities are disclosed in the available data. The company's growth strategy has historically combined organic operations with programmatic M&A (Waco Australasia in 2005, United Scaffolding Group in 2012, SkyJacks in 2016, and Star Scaffolds in 2018), and in February 2026 Nedbank Private Equity acquired a minority equity stake, marking the company's first disclosed institutional private equity investment.

Name

Waco International

Legal name

Waco International

Website

http://wacointernational.co.za/

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Waco International is a South Africa-headquartered equipment rental and industrial services company operating in 18+ countries across Africa and Australasia. It provides formwork, scaffolding, powered access, portable sanitation, and modular buildings to construction and industrial clients via multi-brand subsidiaries.

Ownership category

akta.pro rank

Product category

Industrial Equipment Rental

NAICS

Transportation and Warehousing (48-49), Warehousing and Storage (493)

SIC

Services-Equipment Rental & Leasing, Nec (7359), Services-Miscellaneous Equipment Rental & Leasing (7350), Sanitary Services (4950)

akta.pro primary industry

Temporary Housing & Serviced Accommodation Coordination (HSAKACAG)

akta.pro secondary industry

Interstate White-Glove Moving & Setup (Assembly/Installation) (HSAKABAM)

Keywords

• Equipment rental services
• Formwork and scaffolding
• Powered access equipment
• Portable sanitation rental
• Modular building solutions

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Equipment Rental: Rental of formwork, scaffolding, powered access equipment, portable sanitation units, and relocatable modular buildings to construction and industrial customers. Revenue generated through ongoing equipment hire agreements.
2. Industrial Services: Specialist site services including engineering and design services, on-site labour, project management personnel, rigging, painting and blasting services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Waco International is a focused equipment rental and industrial services business operating in over 18 countries across Africa and Australasia. The company rents formwork, scaffolding, powered access equipment, portable sanitation units, and relocatable modular buildings to construction and industrial customers, while providing specialist site services including engineering, design, on-site labour, rigging, painting, and blasting.

Product overview

Waco International is a focused equipment rental and industrial services business operating a multi-brand portfolio across Africa and Australasia. The company operates through two main divisions: Waco Africa (containing Sanitech for portable sanitation, FormScaff for formwork and scaffolding, SkyJacks for powered access, SGBCape, WacoModular for relocatable buildings, and WES engineering services) and Waco Kwikform (containing Star Scaffolds, Waco Australasia, and United Scaffolding Group for access solutions). Core product categories include formwork and scaffolding, powered access, portable sanitation and hygiene, and relocatable and modular buildings. The company serves over 19,000 customers across 18 countries with a significant fleet of rental equipment.

Differentiator

Problem solved

Functional benefit

Brands

• Waco Africa: Equipment rental and industrial services operations in Africa, including formwork, scaffolding, sanitation, and modular buildings.
• Waco Kwikform
• Sanitech
• FormScaff
• SkyJacks
• SGB Cape
• Waco Modular
• WES (Waco Engineering Services)

Products and services

• Formwork and Scaffolding Rental Rental of formwork systems and scaffolding solutions to construction and industrial customers through subsidiaries including FormScaff and Waco Kwikform group brands.
• Powered Access Equipment Rental Rental of powered access and lifting equipment for elevated work positions in construction and industrial environments, operated through the SkyJacks subsidiary.
• Portable Sanitation and Hygiene Rental Rental of portable toilets and related sanitation and hygiene solutions to construction sites, events, and industrial customers, operated through the Sanitech subsidiary.
• Relocatable and Modular Buildings Rental Rental of relocatable and modular building solutions for industrial and commercial applications, operated through the Waco Modular subsidiary.
• Industrial Site Services Specialist industrial site services including engineering and design, on-site labour, project management personnel, rigging, painting and blasting delivered to construction and industrial customers, operated through Waco Engineering Services (WES) and Waco Kwikform.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Speedy Hire: UK-listed equipment rental and services provider serving construction, infrastructure, and industrial clients. Comparable in business model (specialist equipment rental + site services) though primarily UK-focused.
• BrandSafway: One of the world's largest scaffolding and access-services providers, serving construction, energy, and industrial markets. Closely comparable in core product mix (formwork, scaffolding, access) and B2B project-driven customer base.
• Bilfinger SE: European industrial services firm offering scaffolding, access, insulation, and site services to process industries. Comparable operating model of multi-disciplinary industrial services delivered to construction and heavy industrial clients.
• HSS Hire Group: UK-based equipment rental company offering tools, access, and specialist hire to construction and industrial customers. Comparable mid-tier equipment-rental specialist with similar project-driven B2B customer base.
• Altrad Group: Global leader in scaffolding, formwork, and industrial services with strong European and Middle East presence. Directly comparable as a multi-region scaffolding and access-solutions specialist targeting construction and industrial customers.

Emerging players

• Aggreko: Global provider of temporary power, temperature control, and modular space. Comparable as a project-driven modular-rental operator in energy and industrial markets, though focused on power rather than access/formwork.

Regional players

• Kennards Hire: Australian general equipment rental and DIY hire specialist. Comparable in product offering (scaffolding, access, sanitation-adjacent) and primarily competes in the same Australian geographies where Waco Kwikform operates.
• Coates Hire: Australia's largest equipment rental company, part of Seven Group Holdings. Comparable in access, scaffolding, and modular space, and a direct regional competitor to Waco Kwikform in Australasia.

Broad incumbents

• United Rentals: The largest equipment rental company globally, with a broad fleet across aerial, earthmoving, and specialty equipment. Comparable as a dominant equipment-rental incumbent, though much larger, more diversified geographically, and broader in scope than Waco.
• Ashtead Group (Sunbelt Rentals): Owner of Sunbelt Rentals, the second-largest equipment rental company in North America and a major UK presence. Comparable as a global equipment-rental incumbent; Waco's portfolio and project-driven mix is narrower than Sunbelt's generalist fleet.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Waco International