BorgWarner

BorgWarner is a prominent global supplier of powertrain solutions, focusing on technologies that enhance fuel efficiency, reduce emissions, and improve vehicle performance. The company operates through three primary segments: the air management group, which manufactures turbochargers, e-boosters, emissions systems, and thermal management products; the drivetrain and battery systems group, which produces components for automatic transmissions, torque management, and battery systems; and the e-propulsion segment, responsible for e-motors and power electronics. With a diverse customer base, BorgWarner's largest clients include Ford and Volkswagen, accounting for significant portions of its revenue. The company's extensive global presence enables it to support its varied customers effectively, with a notable share of its business derived from Europe.

Joseph Fadool

COO

Frederic Lissalde

CEO and Board Member

21 past transactions

Eldor Corporation

Acquisition in 2023
Eldor Corporation is a prominent international company in the automotive sector, specializing in the manufacturing of ignition systems and electronic control units. It supplies a range of innovative products, including plug-top ignition coils, engine electrification systems, high voltage belt starter generators, converters, and board chargers. Additionally, Eldor Corporation focuses on e-mobility solutions, driving robots, and advanced charging station technology, catering to major automotive manufacturers worldwide. By providing efficient and cutting-edge products, the company plays a significant role in the evolving automotive landscape, particularly in areas related to electrification and sustainable mobility.

Drivetek

Acquisition in 2022
Drivetek is a specialized company focused on electric drive technology. It designs and manufactures hardware, software, and electrical machines in-house, providing customized high-end drive systems tailored to clients' needs. The company offers standard products but excels in adapting them swiftly and cost-effectively to meet specific client requirements. Drivetek also provides comprehensive consulting support throughout the entire development process, from initial concept to product launch, ensuring application-specific motion and electrical control technology.

Surpass Sun Electric

Acquisition in 2022
Surpass Sun Electric, established in 1997 and based in Xiangyang, China, specializes in the manufacture and development of electric vehicle chargers. The company supplies patented EV charging solutions to customers worldwide, along with power quality optimization services, energy storage systems, and hybrid system solutions. Its offerings enable clients to access safe, clean, and efficient green power.

Rhombus Energy Solutions

Acquisition in 2022
Rhombus Energy Solutions, Inc. specializes in power control and energy conversion systems, focusing on energy storage, micro-grid solutions, and vehicle charging applications. The company manufactures a variety of products, including converters, inverters, and power management systems designed for renewable energy integration and variable frequency devices. Its energy storage solutions encompass battery management systems and interfaces suitable for intelligent micro-grid applications, commercial backup power, and renewable energy support. Additionally, Rhombus provides micro-grid solutions that integrate renewable power sources and demand-side management systems, catering to diverse sectors such as institutional facilities, military locations, and disaster relief efforts. The company also offers contracted product development services and high-power certification testing. Headquartered in San Diego, California, Rhombus Energy Solutions is recognized for its advanced, high-efficiency technology and a strong team of experts in the energy sector.

Santroll

Acquisition in 2022
Santroll is a manufacturer specializing in hairpin and concentrated-winding technology eMotors for light vehicles. Based in China, it serves the Original Equipment Manufacturer (OEM) market, supplying its patented technology to automotive companies. With nearly 400 full-time employees, Santroll focuses on developing electric and hybrid power system technologies, including motors, controllers, and power steering systems for the Chinese automotive industry.

Qnovo

Series C in 2022
Qnovo, established in 2010, specializes in intelligent battery management software for lithium-ion batteries used in electric vehicles, energy storage systems, and consumer devices. Headquartered in Milpitas, California, the company enhances battery performance through predictive analytics, improving health, safety, and longevity. Qnovo's technology is employed by leading automotive manufacturers and has been integrated into over 150 million smartphones worldwide. The company holds over 50 patents and is backed by prominent investors such as BorgWarner and OGCI Climate Investments.

Enexor BioEnergy

Series A in 2021
Enexor BioEnergy is an energy company based in Franklin, Tennessee, founded in 2015. The company focuses on developing innovative bioenergy and renewable energy solutions aimed at addressing the global challenges posed by organic and plastic waste. Enexor BioEnergy offers small-scale, onsite systems that convert organic materials, biomass, and plastic waste into reliable renewable electricity, thermal energy, and high-purity carbon dioxide. This approach not only provides sustainable energy solutions but also significantly reduces harmful greenhouse gas emissions, contributing to environmental sustainability and energy efficiency.

CelLink

Venture Round in 2021
CelLink Corporation, founded in 2012 and headquartered in Belmont, California, specializes in the development of flexible conductive backplanes and circuits designed for power electronics. The company focuses on creating high-conductance, large-area flexible circuits that integrate multiple functionalities, including busing, fusing, and voltage and temperature monitoring. These innovations are intended for use in a variety of applications such as batteries, light-emitting diodes, wire harnessing, and solar cells, facilitating efficient power transmission. By offering these advanced circuits, CelLink aims to provide customers with affordable solutions that enhance the performance and reliability of their power-related devices.

Akasol

Acquisition in 2021
Akasol AG is a German company that specializes in the development, manufacturing, and distribution of liquid-cooled and rechargeable lithium-ion battery systems. Founded in 1990 and headquartered in Darmstadt, Akasol produces high-performance battery systems designed for various applications, including buses, commercial vehicles, rail vehicles, industrial vehicles, and marine vessels, as well as stationary energy storage solutions. The company also focuses on creating battery management systems that incorporate advanced thermal management features and proprietary software, ensuring safe and reliable power delivery for electric transport. Additionally, Akasol offers customer services, including after-sales support, to enhance the overall user experience of its products.

Romeo Power

Post in 2020
Romeo Power, Inc. is an energy technology company specializing in the design and manufacture of lithium-ion battery modules and packs specifically for commercial electric vehicles. Founded in 2015 and headquartered in Vernon, California, the company aims to facilitate sustainable transportation by offering energy-dense battery systems that provide superior performance, including enhanced acceleration, extended range, and improved safety. Romeo Power's product lineup includes Hermes modules tailored for trucks and buses, and the Brown Recluse, a passive cooling system that optimizes heat transfer and can be integrated into various vehicle configurations. The company’s solutions are customizable and scalable, supported by a proprietary battery management system that enhances the longevity and efficiency of its battery offerings.

Delphi Technologies

Acquisition in 2020
Delphi Technologies is a global provider of advanced propulsion technologies that enhance vehicle performance and environmental sustainability. The company specializes in solutions for internal combustion engines, hybrid, and electric vehicles, catering to both passenger and commercial markets. Based in London, UK, Delphi Technologies leverages its original equipment expertise to deliver innovative aftermarket service solutions. The company develops a range of products, including electronic controls, propulsion controllers, power electronics such as inverters and chargers, as well as critical components for engine management, including ignition systems and fuel modules. With operations in 24 countries and a workforce exceeding 21,000 employees, Delphi Technologies is committed to driving the future of mobility through cleaner and more efficient vehicle technologies.

Romeo Power

Corporate Round in 2019
Romeo Power, Inc. is an energy technology company specializing in the design and manufacture of lithium-ion battery modules and packs specifically for commercial electric vehicles. Founded in 2015 and headquartered in Vernon, California, the company aims to facilitate sustainable transportation by offering energy-dense battery systems that provide superior performance, including enhanced acceleration, extended range, and improved safety. Romeo Power's product lineup includes Hermes modules tailored for trucks and buses, and the Brown Recluse, a passive cooling system that optimizes heat transfer and can be integrated into various vehicle configurations. The company’s solutions are customizable and scalable, supported by a proprietary battery management system that enhances the longevity and efficiency of its battery offerings.

Tula Technology

Venture Round in 2017
Tula Technology, Inc. is a developer and marketer of the Dynamic Skip Fire (DSF) cylinder deactivation system, which integrates digital signal processing with powertrain controls to create variable displacement engines. This innovative technology enables automotive manufacturers to enhance fuel efficiency and comply with CO2 emissions regulations. Founded in 2008 and headquartered in San Jose, California, with an engineering center in Plymouth, Michigan, Tula serves a global clientele, primarily in the United States, Germany, Japan, China, and Korea. The company holds over 320 patents related to various technologies, with a strong focus on applications for passenger automobiles and commercial heavy-duty trucks powered by gasoline, diesel, alternative fuels, and electricity. Tula's unique approach emphasizes software solutions to improve efficiency, resulting in one million vehicles already utilizing its technologies to reduce emissions and increase fuel savings. The company is also exploring efficiency advancements in other sectors, including robotics, e-aviation, and industrial machinery.

Sevcon

Acquisition in 2017
Sevcon, Inc. is a designer and manufacturer of motor controllers specifically for zero emission and hybrid electric vehicles. Headquartered in Southborough, Massachusetts, the company operates in several countries including the United States, the United Kingdom, France, Korea, and Japan. Sevcon's controllers enable the precise control of vehicle speed and movement, integrate specialized functions, and enhance the longevity of vehicle power sources. Its products are utilized by manufacturers of a diverse range of vehicles, including automobiles, scooters, motorcycles, buses, fork lift trucks, aerial lifts, mining vehicles, airport ground support vehicles, utility vehicles, and sweepers. Additionally, Sevcon produces metalized film capacitors, which serve as components in power electronics, signaling, and audio equipment markets. Established in 1987, Sevcon focuses on optimizing energy consumption and reducing air pollution within the automotive industry.

Remy International

Acquisition in 2015
Remy International is a manufacturer and remanufacturer in the automotive, heavy duty, and transportation industry. We produce starters, alternators and electrical components for worldwide distribution. Today, with a strong market presence in North America, Europe, Latin America and Asia,

Tula Technology

Venture Round in 2015
Tula Technology, Inc. is a developer and marketer of the Dynamic Skip Fire (DSF) cylinder deactivation system, which integrates digital signal processing with powertrain controls to create variable displacement engines. This innovative technology enables automotive manufacturers to enhance fuel efficiency and comply with CO2 emissions regulations. Founded in 2008 and headquartered in San Jose, California, with an engineering center in Plymouth, Michigan, Tula serves a global clientele, primarily in the United States, Germany, Japan, China, and Korea. The company holds over 320 patents related to various technologies, with a strong focus on applications for passenger automobiles and commercial heavy-duty trucks powered by gasoline, diesel, alternative fuels, and electricity. Tula's unique approach emphasizes software solutions to improve efficiency, resulting in one million vehicles already utilizing its technologies to reduce emissions and increase fuel savings. The company is also exploring efficiency advancements in other sectors, including robotics, e-aviation, and industrial machinery.

Gustav Wahler GmbH u. Co. KG

Acquisition in 2013
Wahler is a manufacturer of EGR valves, EGR tubes and thermostats. With a total employee base of about 1,250, it counts Daimler AG (DDAIF), Volkswagen AG (VLKAY), BMW, General Motors Company (GM) and John Deere among its customers. Wahler’s units are located across Germany, Brazil, U.S., China and Slovakia.

Haldex

Acquisition in 2010
Haldex AB is a Swedish company specializing in the development, manufacturing, and distribution of brake and suspension systems for commercial vehicles. The company produces a range of products, including brake products, air suspension systems, and safety components specifically designed for heavy vehicles. Haldex serves a diverse clientele that encompasses major truck and trailer manufacturers in North America and Europe, such as Daimler, Freightliner, and Volvo, as well as various aftermarket distributors. Its product portfolio includes essential components and subsystems for complete air brake systems, featuring air disc brakes, brake adjusters, actuators, air treatment solutions, valves, and electrical components.

Dytech ENSA

Acquisition in 2010
Dytech ENSA SL, a producer of exhaust gas recirculation (EGR) coolers, EGR tubes, and integrated EGR modules including valves for automotive and commercial vehicle applications, both on- and off-road. With locations in Spain, Portugal and India.

BERU Systems

Acquisition in 2004
BERU Systems specializes in automotive ignition technology, focusing on the development and manufacture of diesel cold-start systems, ignition coils, and related components for the automobile industry. It is recognized as a leading brand in the market, particularly for diesel cold-start systems, holding an estimated 40% share of the global market for glow plugs. BERU serves a diverse client base, including nearly all original equipment manufacturers of automobiles, commercial vehicles, and engines. The brand is exclusively distributed by Federal-Mogul in the global aftermarket, providing quality parts to prominent car manufacturers and well-known distributors. The main production facilities for BERU's products, including glow plugs and ignition coils, are located in Ludwigsburg, Germany. The company's commitment to technical innovation and product development has established it as a key player in the automotive sector.

Beru Ag

Acquisition in 2004
Beru AG is a leading global automotive supplier and manufacturer of diesel cold starting technology (glow plugs and instant starting systems); gasoline ignition technology (spark plugs and ignition coils); and electronic and sensor technology (tire pressure sensors, diesel cabin heaters and selected sensors.) The company's major customers include, among others, BMW, DCX, GM/Fiat, VW/ Audi, Ford, Porsche, PSA, Renault, Isuzu, Siemens VDO, Valeo, Deutz, and MAN.
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