Leading performance engine and vehicle builder Katech has been acquired by Braemar Energy Ventures. Terms of the deal were not disclosed.

“Today’s announcement is a new chapter for Katech,” said Katech President Steve Spurr. “We have a strong 40-year history of innovation, and now with the acquisition we are poised for an even stronger future. We have established relationships with major auto manufacturers that are flourishing, a growing base of customers looking for high-performance Katech-engineered products, four decades of motorsports success and an emerging pipeline of new performance products. The future is bright for Katech.”

Don Tappan, vice president of Braemar Energy Ventures, added, “Katech is a well-established brand and highly reputable automotive supplier delivering innovative products that it proves on the track. We see tremendous opportunities ahead for Katech.”