Hinduja Tech Acquires Drive System Design

Safe-Guard Products International Acquires Dealer Solutions and Design

July 6, 2023

Automotive

Safe-Guard Products International has acquired Dealer Solutions and Design (DSD), a Duluth, Georgia-based provider of fixed operations design, equipment specification, installation, and project management for automotive dealerships. The deal expands Safe-Guard’s service offerings beyond finance & insurance into dealership fixed operations, with DSD leadership remaining in place to continue managing the business.

NV5 Acquires Technical Design Services, Inc.

November 16, 2023

Engineering Services

NV5 Global, Inc. acquired Technical Design Services, Inc. (TDSi), a Chicago-based provider of data center and technology infrastructure design and consulting services. The deal (cash and stock) expands NV5's capabilities in data center, audiovisual, security, and telecommunications design, adds recurring revenue (approximately 80% of TDSi's revenue), and strengthens NV5's relationships in the aviation and government sectors.

Cadence Acquires Hexagon's Design & Engineering Business

February 26, 2026

Software

Cadence Design Systems completed the acquisition of Hexagon AB's Design & Engineering (D&E) business for approximately €2.7 billion in cash and Cadence common stock. Hexagon received ~3.2 million Cadence shares (about 30% of consideration) with the remainder in cash; the D&E business contributed roughly €265 million of revenue in 2024 and the sale is expected to produce a ~€1.4 billion gain for Hexagon. The deal expands Cadence's capabilities in physical AI, multiphysics and system-level design and analysis.

MiddleGround Capital Acquires Dura Automotive Systems

May 5, 2020

Manufacturing

MiddleGround Capital has acquired a majority ownership stake in Dura Automotive Systems from Bardin Hill Investment Partners. The private equity firm plans to support Dura's growth as a platform to capitalize on automotive trends including electrification, lightweighting and advanced driver-assistance systems (ADAS).

Hinduja Tech Acquires TECOSIM Group

November 29, 2024

Automotive

Hinduja Tech Limited, a Chennai-based mobility-focused engineering and R&D company (a subsidiary of Ashok Leyland), has completed the acquisition of Germany-headquartered TECOSIM Group. The deal expands Hinduja Tech's footprint in Europe and adds TECOSIM's virtual validation, simulation and body engineering capabilities to its global mobility engineering offering; TECOSIM has over 650 employees across multiple countries.

Bain Capital Makes Minority Growth Investment in Dhoot Transmission Group

January 16, 2024

Manufacturing

Bain Capital has made a strategic minority growth investment in Dhoot Transmission Group, a leading Indian manufacturer of automotive wiring harnesses and EV components, partnering with founder Rahul Dhoot to accelerate global expansion and inorganic growth. The investment will support Dhoot’s innovation, M&A strategy, and international footprint as the company scales its capabilities across ICE and EV segments.