034Motorsport, Inc.
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034Motorsport, Inc. - overview
Established
2005
Location
Fremont, CA, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
034Motorsport, Inc. is a specialized firm focused on high-performance automotive parts and tuning solutions for Audi, Volkswagen, and BMW vehicles, enhancing vehicle performance for enthusiasts and competitive drivers alike. Founded in 2005 and headquartered in Fremont, US, 034Motorsport, Inc. offers performance tuning solutions for automotive enthusiasts.
The company was acquired in October 2019 by Euro Motorparts Group, a portfolio company of Dubin Clark and Centerfield Capital Partners. The acquisition details were not disclosed. 034Motorsport specializes in performance parts and tuning solutions for Audi, Volkswagen, and BMW vehicles. Their product range includes tuning software, high-flow throttle body intake hoses, lowering springs, and precision-engineered mounts, designed to enhance vehicle handling and performance.
The company caters to automotive enthusiasts across North America and Europe, engaging with the community by sponsoring clubs and events. 034Motorsport generates revenue through direct-to-consumer sales of automotive performance products, including Dynamic+ tuning software and various performance enhancements. Prices for upgrades range from USD 995 to over USD 2,400, depending on the product. The company follows a transactional sales model with potential for repeat customers, focusing on high-quality engineering.
Following the acquisition in October 2019, 034Motorsport plans to leverage its resources to develop new performance products targeting Audi, Volkswagen, and BMW enthusiasts. The firm is also exploring expansion into additional European markets by 2025. The recent acquisition is expected to support these initiatives, enhancing product development and market reach.
Current Investors
Euro Motorparts Group
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Accessories, Clothing, Automobile Repair, Automobiles, Other Vehicles & Parts
Website
www.034motorsport.com
Verticals
E-commerce, Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
034Motorsport, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | 034Motorsport, Inc. | - |
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