LiftWerx North America has partnered with TowerBrook Capital Partners to accelerate its growth in the renewable energy sector, leveraging financial support and expertise for enhanced service offerings.

Target Information

LiftWerx North America, headquartered in Cambridge, Ontario, Canada, was founded in 2016 and has quickly established itself as a leader in providing turnkey repair services for wind turbines. The company specializes in the exchange of critical components, such as gearboxes and generators, utilizing custom cranes developed by the MeeMaken group that operate directly on the turbines, known as up-tower cranes.

With a rapidly expanding footprint in the renewable energy sector, LiftWerx is well-positioned to capitalize on the growing demand for wind energy solutions across North America. The company aims to enhance operational efficiency and reduce downtime for wind turbine operators, thereby contributing significantly to the energy transition.

Industry Overview in Canada

The renewable energy industry in Canada has seen considerable growth over the past decade, with wind energy emerging as one of the leading sources of clean power generation. In 2022, the Canadian Wind Energy Associ