Project Description

GT Technologies, Inc.

IOP Fund II

Acquisition Date: February 2017
Status: Current
Headquarters: Westland, MI
Add-on Acquisitions:

2018 – Betty Machine
Seeking additional acquisitions

DESCRIPTION

International supplier of custom-engineered gasoline and diesel engine valvetrain actuation components and assemblies to the global automotive, heavy duty truck and off-road vehicle industries.  The company’s products include rollers, roller finger followers (RFFs), hydraulic lash adjusters (HLAs), stamped rocker arms, roller tappets and valvetrain actuation assemblies.

OPERATING THESIS

Provide support to existing management team

Create fundamental improvement in operating performance:

  • Enhance international presence
  • Augment product development and technology
  • Execute cost-savings initiatives
  • Capitalize on existing and future growth opportunities with new and existing customers