Engine & Transmission Exchange has partnered with Gauge Capital
Engine & Transmission Exchange
Founded in 1985 and headquartered in Milwaukee, Engine & Transmission Exchange (ETE) is one of the largest independent aftermarket transmission remanufacturers in the United States. Family-owned and operated for more than 35 years, the company has built its reputation on producing superior quality products and providing exceptional customer service. In addition to remanufactured transmissions, ETE provides adjacent and ancillary products, including transfer cases, engine blocks, torque converters and batteries. The company operates out of six facilities and services a diversified base of blue-chip customers spanning multiple channels across more than 3,000 locations. For more information, please visit www.etereman.com.
After decades of steady growth, the founders felt that the business had reached a scale where it was prudent to find an institutional partner to help continue to grow the company and take it to the next level of its trajectory. This new partnership with Gauge Capital positions ETE optimally for future expansion, and the founders have invested alongside Gauge given their excitement about the company’s future.
Robert Satow, Managing Director and co-head of Lincoln’s automotive and mobility technology team, commented, “With an exceptional entrepreneurial spirit, ETE’s founders have built a very strong company that is now the leading transmission remanufacturer in the United States, serving the highly attractive and resilient auto aftermarket sector. Led by a deep and talented management team, the company differentiates itself through its high-product quality, unmatched customer service, best-in-class warranty and customer-centric culture. We look forward to watching the continued growth and success of ETE throughout its partnership with Gauge.”
Gauge is a Dallas-based private equity firm that makes investments in middle market companies. The firm utilizes an in-house team of professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation. Gauge’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Gauge boasts a highly successful track record investing in diverse industries, including technology, business, industrial, government and healthcare services; technology, food and consumer and transportation and logistics. For more information, please visit www.gaugecapital.com.
Lincoln’s deep expertise and highly relevant experience in the remanufacturing space made them the quintessential partner throughout the entire process. With a highly dedicated team of bankers offering insightful guidance every step of the way, we were able to achieve the best outcome possible for all stakeholders. We are excited to partner with Gauge in the next chapter of our growth strategy.
Meet our Senior Team
View More Transactions in Industrials
Lincoln International advised Wind Point Partners on the acquisition of Central Moloney Incorporated
Lincoln International advised Rivean Capital on the sale of ELCEE Group to Torqx Capital Partners
Lincoln International advised OmniMax International on the sale of Amerimax Fabricated Products to a family office
Wise Equity, in collaboration with its portfolio company FIMO Group, has acquired a majority interest in WANHO
Lincoln International advised centrotherm clean solutions on its sale to Busch Vacuum Solutions
Lincoln International advised Industrial Growth Partners on the sale of CLIMAX to Specialized Fabrication Equipment Group, a portfolio company of Gladstone Investment
Lincoln International advised TriWest Capital Partners on the sale of ZyTech Building Systems to RONA, a portfolio company of Sycamore Partners
Lincoln International advised Convent Capital on the sale of CROWD to Tikehau Capital
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.