DC Advisory advises the board of REID Lifting on its recapitalization through a continuation vehicle

Background

• REID Lifting is a leading global provider of lightweight, portable lifting and access solutions, specializing in engineered gantries, davits, and other lifting systems designed to improve safety, efficiency, and operational performance
• Headquartered in Chepstow, Wales, REID serves a diverse range of end markets including water & wastewater, utilities, construction, manufacturing, and industrial safety, delivering quality solutions that meet international safety and regulatory standards
• Headquartered in London and Berlin, The Smithfield Group is a global investment holding company with a multi-decade track record of realized value creation. Smithfield pursues a transatlantic investment strategy supported by its proven-in-action Operating Partners

Process

• DC Advisory acted as financial advisor and leveraged its experience in the safety and protection sector to advise the board of REID on its recapitalization through a continuation vehicle

Outcome

• REID was successfully recapitalized via a continuation vehicle in February 2025
• Financial terms of the transaction were not disclosed
• A significant majority of REID’s co-investors elected to roll proceeds into the new continuation vehicle, reaffirming their belief in REID’s future growth trajectory
• REID’s recapitalization of its equity and debt ensures that it is now well-positioned to continue expanding its global footprint, enhancing its product offering, and driving further innovation
• As an early step in this next chapter, REID recently completed the acquisition of REID Lifting France, its largest customer and long-standing distributor
• Following this transaction, REID now employs approximately 80 people and will continue to be led by Simon Luke, Group Managing Director
• This transaction further strengthens DC Advisory’s deep expertise in the Safety and Protection sector