About AxleTech
AxleTech is a company based in Troy (United States) founded in 2002 was acquired by Meritor in May 2019. AxleTech offers products and services including Potatoes and Grain Marketing.
- Headquarter Troy, United States
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website axletech.com
- Social LinkedIn
- Acquired by Meritor (May 2019)
- Legal Name Maine Potato Growers, Inc
- InvestorsThe Carlyle Group
& 2 more
- Acquired by
Products & Services of AxleTech
AxleTech offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial uses, forming a core part of the operations
Grains are promoted and distributed from farms, contributing to the broader agricultural activities
Funding Insights of AxleTech
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of AxleTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2015 | – | Debt – Venture | – | – |
3 investors in total: 3 institutional.
Investors in AxleTech
AxleTech has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Meritor and Business Development Corporation of America.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | bdcofamerica.com | - | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | - | |
Transmission and braking components are manufactured for commercial vehicles. | 1909 | meritor.com | Troy, United States |
Investor details for AxleTech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of AxleTech
1 people are tracked at AxleTech (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chris Villavarayan | CEO | Leadership |
Complete people profiles for AxleTech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of AxleTech
5 dated milestones of AxleTech across 17 years, from founding to its latest funding, stage changes and deals.
- Founded AxleTech is founded.
- Exit Acquired by The Carlyle Group.
- Exit Acquired by The Carlyle Group.
- Funding First funding round.
- Exit Acquired by Meritor.
Latest news on Axletech
Complete news archive for AxleTech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to AxleTech
10 companies that operate in the same segment as AxleTech (Automotive Projects & Investments), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Engineering concepts services are provided for the automotive industry. | 2018 | Brixworth, United Kingdom | USD 342.28 K | – | – | |
Automotive control products are developed and supplied in China. | 2016 | Tianjin, China | USD 31.32 M | – | – | |
Automotive accessories for vehicle dealers are manufactured and supplied. | 2019 | Dallas, Texas, United States | – | – | – | |
Semiconductor wafers are developed using silicon and compound processes. | 2017 | Newport, United Kingdom | – | – | – | |
Alternative fuel systems are provided for industrial applications. | 2008 | Gurugram, Haryana, India | – | USD 23.24 M | 100 | |
Automotive projects are developed and managed in Germany. | 2007 | Regensburg, Bavaria, Germany | – | – | – | |
Development and management of automotive projects are conducted. | 1975 | Japan | – | – | – | |
Manufacturer of automotive mudflaps | 1972 | Brighton, Colorado, United States | – | – | – | |
Automotive project focused on engineering and industrial automation | 2005 | London, England, United Kingdom | – | – | – | |
Provider of automotive projects | 2016 | Seoul, South Korea | – | – | – |
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Frequently Asked Questions about AxleTech
AxleTech was founded in 2002 and raised its 1st funding round 13 years after it was founded.
AxleTech is headquartered in Troy, United States.
Chris Villavarayan is the current CEO of AxleTech.
AxleTech was founded in 2002 and is headquartered in Troy, United States. Manufacturing and supply of axle components, brakes, and aftermarket parts are conducted within the automotive sector. Operations emphasize reliability for heavy-duty vehicles, with products distributed to domestic and international markets. Leadership is provided by CEO Chris Villavarayan, overseeing core functions in component production and distribution.
AxleTech offers Potatoes and Grain Marketing.
AxleTech has 3 investors. Key investors include The Carlyle Group, Meritor, and Business Development Corporation of America.
AxleTech operates through Maine Potato Growers, Inc.
Yes. AxleTech was acquired by Meritor in May 2019.