ASTRAK

ASTRAK, based in Kirkcaldy, Fife, is a specialist distributor and manufacturer parts for construction equipment. Whether it be an excavator, bulldozer, dumper truck or something else working on hard ground, ASTRAK’s products will fit seamlessly over the treads to prevent them from early deterioration.
 

Growing family businesses

Founded in 2003, ASTRAK has since established itself as a market leader; employing more than 100 people across its seven sites in Europe. ASTRAK caters to a base of roughly 14,000 customers across Europe who value the high level of service and commitment to quality synonymous with the company.

In March 2022, mid-market private equity firm Inflexion identified ASTRAK’s potential for continued and sustainable growth – particularly in France, Germany and Denmark. Working alongside ASTRAK’s founding family and senior management team, Inflexion became the company’s first private equity partner since its inception nearly 20 years ago.

In the 8 months since becoming involved, Inflexion supported one bolt-on acquisition within 100 days of the transaction as well as being instrumental in sourcing talent, including the appointment of a CFO. Looking ahead, ASTRAK will accelerate its organic growth, aiming to double in size over the next five years. This will be complemented by select acquisitions, with another two in the works after the first was signed just three months into the partnership.