Sector Engineering design, manufacturing
Location Berkshire, UK
Investment type Buyout
Date September 2017
Status Current
Website www.xtrac.com
Non-Executive Directors John Harper, Henry Arundel

Xtrac

The company

Xtrac is the world leader in the design and manufacture of high performance transmissions for the motorsport and automotive industry. The business supplies most of the world’s top motorsport teams in both two and four-wheeled formulae across the globe, from MotoGP to Formula 1.

Employing a team of over 330 across the U.K. and U.S., Xtrac’s market leadership is underpinned by its best-in-class technical design capabilities, high quality manufacturing base and customer service excellence. In addition to a rapidly growing high performance automotive division, with clients such as Pagani and JLR, Xtrac is at the forefront of hybrid and electric vehicles developments, supplying hybrid transmissions to technology leading companies such as Williams Advanced Engineering and electric transmissions to the Formula E racing series.

The global motorsport market for transmission systems has been in steady growth for over a decade; Carbon emission legislation is also increasingly impacting the industry. Xtrac is positioned to capitalise on this shift, advancing its capabilities in hybrid and electric vehicles to support long-term revenue growth.

Growth strategy

Xtrac’s well-established management team sought an investment partner to fuel the business’s ambitious growth strategy, develop the next generation of high-end automotive transmission systems and expand coverage of the hybrid and electric car market.

The Inflexion difference

Inflexion will support Xtrac’s management team to drive growth, bringing our experience from across the specialist engineering sector, with businesses such as Shimtech and Aspen Pumps, and an extensive track record in growing teams to promote sustainable growth.

Our investment will support the extension of Xtrac’s factory, purchase of additional world class machinery and growth of Xtrac’s team of leading technical engineers, enabling the business to meet rising customer demand, capture previously unserved projects and further advance its capabilities in hybrid and electric vehicles.