Turbonetics, Inc.
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Turbonetics, Inc. - overview
Established
1978
Location
Moorpark, CA, US
Primary Industry
Power & Utilities
About
Turbonetics, Inc. specializes in designing and manufacturing high-performance turbocharger systems and associated components for automotive and motorsport applications, focusing on enhancing engine efficiency and performance. Founded in 1978 in Moorpark, US, Turbonetics, Inc. is dedicated to developing high-performance turbocharger systems.
The company was acquired by Wabtec Corporation in July 2013, marking a significant change in its operational structure. David Blatt, the founder, has a history in the automotive sector, contributing his expertise to the company’s development. Turbonetics, Inc. specializes in the design and manufacturing of high-performance turbocharger systems, intercoolers, and associated components tailored for the automotive and motorsport industries.
Their core product offerings enhance engine efficiency and performance, addressing challenges such as increased power output and improved fuel economy. By leveraging advanced materials and technologies, Turbonetics provides solutions that cater to professional racing teams and automotive enthusiasts seeking high-quality performance upgrades. The company serves a diverse clientele, including aftermarket automotive retailers and performance vehicle manufacturers, with products distributed mainly across North America, Europe, and select markets in Asia. The end-users include tuners, mechanics, and automotive engineers focused on optimizing vehicle performance in competitive and recreational contexts.
Turbonetics generates revenue through direct sales of its products to both individual consumers and businesses within the automotive aftermarket sector. The company's transactional structure primarily involves B2B sales to retailers and wholesalers, as well as direct-to-consumer sales through online platforms and specialty automotive shops. Revenue streams are bolstered by flagship offerings such as high-efficiency turbochargers and intercoolers, which are often sold as part of comprehensive performance upgrade packages. Pricing strategies encompass individual component sales and bundled services that provide customers with complete performance solutions.
The company maintains strong relationships with its clients, ensuring repeat business through quality products and exceptional customer service. Turbonetics, Inc. plans to leverage its recent acquisition by Wabtec Corporation to enhance its product line and expand its market reach. The company is designing new product offerings that aim to launch by the end of 2024, focusing on innovative turbocharger systems and accessories.
Additionally, Turbonetics is targeting expansion into the Asian market, particularly in Japan and Southeast Asia, by late 2025. The funding received from the acquisition will be utilized to support these initiatives, enhancing R&D capabilities and bolstering marketing efforts to increase brand presence in these new regions.
Primary Industry
Power & Utilities
Sub Industries
Power Generation Equipment & Services
Website
www.turboneticsinc.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Turbonetics, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Turbonetics, Inc. | - | ||||||||
| Buyout | Completed | Turbonetics, Inc. | - |
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