About Ontario Drive & Gear
Ontario Drive & Gear is a company based in New Hamburg (Canada) founded in 1962 was acquired by Aperion in August 2014.. Ontario Drive & Gear has completed 2 acquisitions, including Engrenax Hydraulix and Groupe Trudo. Ontario Drive & Gear offers products and services including Gears, Shafts, Assemblies, and Transmissions and Gearboxes. Ontario Drive & Gear operates in a competitive market with competitors including Auburn Gear, CVTCORP, Carraro India and CVTech-IBC, among others.
- Headquarter New Hamburg, Canada
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ontario Drive & Gear Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Falcon Investment Advisors
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Engrenax Hydraulix
& 1 more
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Acquired by
Aperion
(Aug 22, 2014)
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Products & Services of Ontario Drive & Gear
Ontario Drive & Gear offers a comprehensive portfolio of products and services, including Gears, Shafts, Assemblies, and Transmissions and Gearboxes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Custom gears up to 500mm diameter for precision motion solutions.
Gear and spline shafts up to 750mm length for industrial use.
Planetary gear and transmission assemblies for reliable applications.
Quality transmissions tested for precision motion needs.
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Funding Insights of Ontario Drive & Gear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ontario Drive & Gear
Ontario Drive & Gear has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Falcon Investment Advisors, Aperion Management and Ocean Avenue Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Aperion Management is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Private equity investments are managed in inefficient markets.
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Founded Year | Domain | Location | |
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Strategic acquisitions are targeted by this private equity firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ontario Drive & Gear
Ontario Drive & Gear has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Engrenax Hydraulix and Groupe Trudo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Solutions for transmission assemblies are provided in the hydraulics sector.
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1984 | ||||
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Motor vehicle parts and accessories are manufactured and supplied.
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1963 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ontario Drive Gear
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ontario Drive & Gear Comparisons
Competitors of Ontario Drive & Gear
Ontario Drive & Gear operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Auburn Gear, CVTCORP, Carraro India and CVTech-IBC, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Traction-enhancing differentials and planetary drives are manufactured for industrial vehicles.
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| domain | founded_year | HQ Location |
Continuously variable transmissions are developed for industrial sectors worldwide.
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| domain | founded_year | HQ Location |
Company that designs, manufactures, and supplies transmission systems, axles, and drives for off-highway vehicles and specialized tractors
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| domain | founded_year | HQ Location |
Continuously variable transmissions for recreational vehicles are designed and manufactured.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Ontario Drive & Gear
When was Ontario Drive & Gear founded?
Ontario Drive & Gear was founded in 1962.
Where is Ontario Drive & Gear located?
Ontario Drive & Gear is headquartered in New Hamburg, Canada. It is registered at New Hamburg, Ontario, Canada.
Who is the current CEO of Ontario Drive & Gear?
Joel Wright is the current CEO of Ontario Drive & Gear.
What does Ontario Drive & Gear do?
Ontario Drive Gear was established in 1962 in New Hamburg, Canada, where manufacturing of gears and transmission components takes place alongside production of all-terrain vehicles (ATVs). These ATVs are marketed under the ARGO brand. The company operates within the automotive and powersports sectors, focusing on component fabrication and vehicle assembly. Acquisition by Aperion Management and Falcon Investment Advisors was completed in August 2014, supporting ongoing operations.
Who are the top competitors of Ontario Drive & Gear?
Ontario Drive & Gear's top competitors include Carraro India, Auburn Gear and CVTCORP.
What products or services does Ontario Drive & Gear offer?
Ontario Drive & Gear offers Gears, Shafts, Assemblies, and Transmissions and Gearboxes.
How many acquisitions has Ontario Drive & Gear made?
Ontario Drive & Gear has made 2 acquisitions, including Engrenax Hydraulix, and Groupe Trudo.
Who are Ontario Drive & Gear's investors?
Ontario Drive & Gear has 3 investors. Key investors include Falcon Investment Advisors, Aperion Management, and Ocean Avenue Capital Partners.
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