Race Winning Brands, Inc. (RWB), a portfolio company of MiddleGround Capital, announced the acquisition of Haltech Engine Management Systems (Haltech) in a move to expand its performance product offerings.
Following the recent performance transmission ventures, this acquisition represents the 13th add-on for Race Winning Brands.
Headquartered in the Sydney, Australia, Haltech specializes in electronic engine management systems for performance and racing applications, RWB says. Covering a wide range of domestic and sport compact engine platforms, Haltech’s broad product offerings serve a critical need for modern performance customers’ engine control, monitoring, and tuning needs. Ranging from complete ECU and engine harness kits to digital displays and power distribution expansion, Haltech’s products are natural complement to RWB’s existing engine component offerings.
Haltech’s mission is to empower automotive passion, and through joining RWB, we can now bring our technology to so many more people,” said Nathan Clark, chief operating officer. “We are very excited to be part of this high-caliber, high-horsepower family and looking forward to being able to provide customers with complete performance solutions.”
Bob Bruegging, CEO of Race Winning Brands, added, “I’m extremely excited about bringing Haltech into our Family of Brands – we have products that build faster, stronger engines – and Haltech builds products that allow those engines to perform at their best! Located in Australia, this will also give us another base of operations outside the US to complement our Canadian and European Operations. Nathan and his team are a welcome addition to our growing family.”