Fusion Capital Partners Acquires Excel Engineering, Inc.
January 6, 2026
Los Angeles-based private equity firm Fusion Capital Partners has acquired Excel Engineering, a Diagonal, Iowa-based testing and certification firm that provides engine, powertrain, battery and emissions testing services to OEM and industrial customers. The transaction (terms undisclosed) is positioned as a growth-oriented, capability-expanding platform investment to scale Excel's testing capacity, capabilities and talent; Monroe Capital acted as a joint lead arranger on the senior credit facility supporting the deal.
- Buyers
- Fusion Capital Partners
- Targets
- Excel Engineering, Inc.
- Industry
- Industrial Services
- Location
- Iowa, United States
- Transaction Type
- Buyout
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