Navistar is a manufacturer of commercial trucks, buses, defense vehicles, and engines, serving markets primarily in the United States and Canada. Founded in 1902 and headquartered in Lisle, Illinois, the company produces heavy-duty trucks and buses categorized as Class 4 through 8. Its products cater to various sectors, including common carriers, private carriers, government, leasing, construction, and energy/petroleum, as well as student and commercial transportation. Navistar has a commitment to environmental standards and was the first truck and engine manufacturer to receive certification from the U.S. Environmental Protection Agency for meeting stringent 2007 emissions standards for particulate matter and hydrocarbons, achieving this milestone six years ahead of the regulatory requirements. In addition to its vehicles, Navistar offers a comprehensive selection of standard truck, trailer, and engine service parts.
Executive Vice President and Chief People and Culture Officer
Dan W Kayser
Group Vice President National Accounts
6 past transactions
Car IQ
Series B in 2023
Car IQ Inc. is a San Francisco-based company that specializes in a cloud-based vehicle management platform and payment gateway tailored for auto dealer groups, car sharing services, and autonomous drivers. Founded in 2016, the company has developed an automotive-grade payment solution that allows vehicles to initiate payments directly to merchants without the need for credit cards. By leveraging telematics and vehicle data, Car IQ's platform provides detailed insights into fleet operations, enabling clients to monitor transactions and prevent fraud effectively. The platform integrates seamlessly with existing technologies, consolidates all transactions into a single ledger, and facilitates management of spending, customer service, and inventory.
TuSimple
Series E in 2020
TuSimple is a self-driving truck company founded in 2015 and headquartered in San Diego, California. The company operates autonomous trucks primarily in Tucson, Arizona, and is focused on developing a fully autonomous driving solution for the logistics sector. TuSimple's technology enables trucks to drive from depot to depot without human intervention, aiming to enhance safety, reduce transportation costs, and lower carbon emissions. It has established the Autonomous Freight Network (AFN) through partnerships with shippers, carriers, railroads, and other stakeholders in the freight industry. TuSimple generates revenue by providing freight capacity services, with operations spanning across the U.S. and the Asia-Pacific region.
TuSimple
Corporate Round in 2020
TuSimple is a self-driving truck company founded in 2015 and headquartered in San Diego, California. The company operates autonomous trucks primarily in Tucson, Arizona, and is focused on developing a fully autonomous driving solution for the logistics sector. TuSimple's technology enables trucks to drive from depot to depot without human intervention, aiming to enhance safety, reduce transportation costs, and lower carbon emissions. It has established the Autonomous Freight Network (AFN) through partnerships with shippers, carriers, railroads, and other stakeholders in the freight industry. TuSimple generates revenue by providing freight capacity services, with operations spanning across the U.S. and the Asia-Pacific region.
Continental Manufacturing
Acquisition in 2009
Continental will continue to operate independently with manufacturing operations in Houston.
Workhorse Group
Acquisition in 2005
Workhorse Group is an American technology company based in Loveland, Ohio, specializing in the design and manufacture of battery-electric vehicles and aircraft. Founded in 2007, the company produces medium-duty trucks under the Workhorse brand and develops cloud-based telematics systems for fleet operators to enhance energy and route efficiency. Additionally, Workhorse Group offers the HorseFly delivery drone system, an octocopter-based UAV integrated with electric delivery trucks for efficient last-mile deliveries. The company's approach involves using automotive-grade parts and proprietary control software to build its battery-electric power trains.
Maxion International Motores
Acquisition in 2001
Maxion International Motores, a South American engine company.
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