Project Description

Tecmotiv Corporation (“Tecmotiv”) has been acquired by RedNest Partners, LLC (“RedNest”) and Admiral Capital Group (“Admiral”).  RedNest and Admiral have backed Tecmotiv management to bolster its capabilities as a leading supplier of MRO services and components to U.S. military and allied customers worldwide.

Tecmotiv is a leading provider of maintenance, repair, overhaul and upgrade (“MRO&U”) services and related components for military vehicle platforms including the M113, M109, M60, M88A1 and M88A2, with a specialty in Air-Cooled, V-Configuration, Diesel, Super-turbocharged (AVDS) powertrains.  With operations in Niagara Falls, NY and Concord, Ontario, Tecmotiv has built its reputation by delivering superior quality, advanced technical know-how and timely delivery of critical components and MRO&U services to U.S. Military and allied customers around the world.  Tecmotiv’s world-class team will continue to be led by Gary Sheedy, President and CEO.

With more than 25 years of experience investing in, supporting, advising, owning and operating small companies, RedNest Partners, LLC invests exclusively in privately held businesses. RedNest supports management teams in delivering value for all company stakeholders: customers, employees, managers and investors.

Admiral Capital Group is an investment management firm formed in 2008 to pursue real estate and private equity opportunities. Their mission is to build trusted, longstanding relationships that help create long-term value investors.

Philpott Ball & Werner served as the exclusive advisor to Tecmotiv Corporation.  Terms of the transaction were not disclosed. For more information, please contact Managing Directors Ted Werner and Nick Berry.