What Mader does

Mader Group Limited is an Australian specialist maintenance services provider founded in 2005 by Luke Mader as a one-person mobile mechanic operation in Western Australia's Kimberley region, servicing its first customer Roche Mining. The company supplies skilled tradespeople to mining, energy, and industrial customers for heavy mobile equipment and fixed plant maintenance, offering rostered support, shutdown teams, drill and digger support, rapid response (deployable within 72 hours), CHPP support, electrical services, fabrication and line boring, and cleaning services under the Mader Clean Team brand. Customers engage Mader under flexible "tap on, tap off" terms with no minimum engagement periods, and the technicians are trained across all major OEM brands including Caterpillar, Komatsu, Hitachi and Liebherr. Service delivery is supported by the offsite Mader Maintenance Centre in Perth and the Global Pathways Initiative, which relocates Australian technicians internationally.

The company is headquartered in Applecross (Perth), Western Australia, with regional offices across Queensland (Hamilton/Brisbane), New South Wales (East Maitland), Colorado (USA), and Calgary (Canada), plus additional US West Coast and Eastern Seaboard offices. Following its October 2019 IPO on the ASX (ticker: MAD), Mader has scaled to 3,900+ employees across four continents and approximately 17 countries, serving around 200 customers ranging from top-tier miners to smaller operators. Reported revenue grew from AUD $228.6M in FY2019 (46% YoY) to AUD $274M in FY2020 (20% YoY), with US operations posting 200% revenue growth in Q1 FY2021 versus the prior-year quarter and FY2020 net debt reduced to $18.5M from $29.1M.

Mader operates on a B2B professional services model, monetising through contract-based fees that vary by scope, location, and engagement length; pricing is not publicly disclosed. The go-to-market is direct enterprise field sales via dedicated account managers and business development teams, complemented by a regional office network, the Mates of Mader referral program, and participation in mining industry events such as MINExpo, Africa Down Under and Future of Mining. Beyond its core mining vertical, the company has built adjacent service lines in infrastructure (defence, utilities, construction), rail, road transport and logistics, power generation, marine, and energy through its wholly-owned subsidiary Mader Energy, supported by a Trade Upgrade Program that upskills mechanics for the mining industry and an Adventure Hub employee experience program.

Name

Mader

Legal name

Mader Group Limited

Website

https://madergroup.com.au

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Mader Group Limited is an ASX-listed Australian specialist maintenance services company that supplies skilled tradespeople to mining, energy, and industrial customers across four continents, offering flexible "tap on, tap off" deployment for heavy mobile equipment.

Ownership category

akta.pro rank

Product category

Industrial maintenance services

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Sheet Metal Work (3444)

akta.pro primary industry

Municipal & Utility Specialty Vehicle MRO (Refuse Trucks, Sweepers, Bucket Trucks) (TLAKAHAF)

Keywords

• Heavy mobile equipment maintenance
• Mining maintenance services
• Shutdown maintenance crews
• Fixed plant maintenance
• Industrial equipment labour hire

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Contract Maintenance Services: Providing skilled tradespeople on flexible terms to support mobile equipment maintenance programs. Services include rostered and in-field support, shutdown teams, drill support, digger support, rapid response, fixed plant maintenance, CHPP support, electrical services, fabrication and line boring, and clean team services.
2. Ancillary Services: Complementary value-add services including auto electrical, high voltage electrical, boilermaking, LV/HRT mechanic services, equipment cleaning, and specialized support services.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Mader provides specialist contract maintenance labour and technical services for heavy mobile equipment, fixed plant, and ancillary industrial assets, primarily to the mining, resources, energy, rail, transport, power generation and marine sectors. The company deploys OEM-trained tradespeople on flexible "tap on, tap off" terms to customer sites globally, covering rostered maintenance, shutdown support, drill and digger support, rapid response, electrical, fabrication, line boring and industrial cleaning. Headquartered in Perth, Western Australia, Mader is ASX-listed (MAD) and employs more than 3,900 people across four continents.

Product overview

Mader is a solution-driven global provider of specialist technical services operating across mining, energy, and industrial sectors. The company offers a comprehensive suite of maintenance services centered on two core offerings: Mobile Plant Maintenance (covering rostered support, shutdown teams, drill/digger support, rapid response, and the Mader Maintenance Centre) and Fixed Plant Maintenance (including shutdowns, rope access, and CHPP support). These are complemented by specialized services including Electrical, Fabrication and Line Boring, Clean Team, and the flexible Tap on/Tap off Service. The company operates under sub-brands including Mader Energy for oil and gas sector work and maintains an Adventure Hub employee experience program. An international expansion program (GPI) enables deployment of technicians across four continents, while a Trade Upgrade Program upskills mechanics for the mining industry.

Differentiator

Problem solved

Functional benefit

Brands

• Mader Energy: Energy sector maintenance services including upstream, downstream and wellhead production support.
• Mader International

Products and services

• Mobile Plant Maintenance Comprehensive maintenance services for heavy mobile equipment (HME) at mining and civil operations, covering rostered and in-field support, shutdown teams, drill support, digger support, rapid response deployment, and the Mader Maintenance Centre workshop. Customers are mining and civil companies operating Caterpillar, Komatsu, Hitachi and Liebherr equipment fleets.

Quantifiable outcome

• 400+ shutdowns successfully executed in WA alone
• +4 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Austin EngineeringcoreStrategic or Co-development PartnerMader Group partnered with Austin Engineering, the largest non-original equipment manufacturer providing bespoke mining equipment. This partnership enables Mader to offer comprehensive maintenance solutions integrated with Austin's equipment capabilities.
• Priolo MotorsportminorGTM or Marketing PartnerMader Group partnered with Priolo Motorsport in a new sponsorship deal for the 2022 racing season. This marketing partnership supports motorsport while building brand awareness.
• Roy HillcoreStrategic or Co-development PartnerMader Group was named the preferred maintenance supplier for Roy Hill, a major mining operation. This designation recognizes Mader's ability to provide quality workmanship and complete solutions to keep their equipment operating.
• Thornlie TAFEminorStrategic or Co-development PartnerMader Group's Perth workshop donated three diesel engines to assist the Heavy Duty Diesel Mechanic Apprentice Program at Thornlie TAFE. The company accepts TAFE apprentices annually, supporting industry skills development.
• Kijilamatambo School (Zambia)minorOthersMader Group funded a school extension construction project near their Zambian operations, donating USD$30,000 to improve educational standards. Over 400 students previously shared just two classrooms.
• Mandurah Mustangs Integrated Football TeamminorOthersMader Group sponsored the Mandurah Mustangs launch of an integrated football team for people with disability, supporting the WA Amateur Football League's integrated competition.

Scale indicators12 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• Monadelphous Group Limited: ASX-listed (MND) engineering, construction and maintenance services provider to resources, energy and infrastructure - the closest direct peer to Mader, operating similar maintenance labour and shutdown service models across Australian mining and adjacent sectors.
• Programmed (PERSOL Australia): Australia-based maintenance, facility management and staffing services provider (now part of PERSOL) - directly comparable to Mader's tap-on/tap-off flexible labour model for industrial and resource clients.
• MACA Limited: Australian mining contractor providing crushing, screening, equipment maintenance and full mining services - was a Contract Miner of the Year finalist alongside Mader and serves overlapping tier-1 mining customers (acquired by Thiess in 2023).
• SRG Global Limited: ASX-listed (SRG) provider of specialist mining, infrastructure and construction services - directly comparable to Mader's maintenance and infrastructure service lines; Mader's CFO Paul Hegarty joined from SRG Global, underscoring operational overlap.
• Macmahon Holdings Limited: ASX-listed (MAH) surface and underground mining contractor offering full mining services including equipment maintenance - was a Contract Miner of the Year finalist alongside Mader and operates in the same Australian mining customer base.
• Byrnecut Australia: Australian underground mining contractor providing equipment maintenance and shutdown services - comparable specialist services provider to Mader for tier-1 miners in Australia and selected international markets.
• Perenti Global (Barminco): ASX-listed (PRN) mining services group whose Barminco subsidiary is a leading underground mining contractor; was a finalist alongside Mader in the 2019 Mining Contractor of the Year award and competes for similar maintenance and mining services contracts.
• DDH1 Limited: ASX-listed (DDH) drilling services and mining equipment maintenance provider - comparable to Mader in servicing heavy mobile mining equipment fleets with skilled tradespeople across Australian mining regions.

Broad incumbents

• Downer EDI Limited: ASX-listed (DOW) large infrastructure and mining services group - broad incumbent providing maintenance, shutdown and asset services to mining customers that overlap with Mader's core mining maintenance offering.
• Worley Limited: ASX-listed (WOR) global engineering and energy services giant - broad incumbent in industrial maintenance and project services for mining, energy and resources; overlaps with Mader but at much larger scale and broader scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MaderGroup
• LinkedInlinkedin.com/company/mader-group
• Xx.com/Mader_Group

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

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 Mader