Clearwater advises Drive System Design on its sale to Hinduja Tech

Transaction

Drive System Design sold to Hinduja Tech

Sell-side

Undisclosed

Role

Adviser to Drive System Design on its sale to Hinduja Tech

Sector

Automotive
Industrial & Chemicals

Region

United Kingdom

Clearwater has advised Drive System Design (DSD), an award-winning and globally trusted engineering consultancy known for developing innovative solutions for electrified propulsion systems, on its sale to Hinduja Tech (HT), a world-class engineering services company.

DSD has extensive experience in working with OEMs and TIERs around the world in designing new technologies and solving problems to make their product competitively superior. The company has design, analysis, control, test infrastructure, expertise, and project management skills necessary to deliver projects to demanding timescales.

Working closely with customers through its technical centers in the USA and the UK, Drive System Design is recognised as the world’s leading expert in driveline refinement, resulting in significant energy efficiency improvement for hybrid and electric vehicles.

With the acquisition of DSD, HT will add cutting-edge design and testing labs, along with advanced engineering capabilities, in the UK and United States.

engineer technician designing drawings engineering engine

The acquisition of Drive System Design is an important milestone in Hinduja Tech’s growth journey in the eMobility Industry. DSD has been focused on futuristic powertrain technology (ePT) since its inception over 15 years ago and has a state-of-the-art infrastructure in the UK and United States. Both of these markets have high-end engineering talent and are leading the charge in the transition to electric mobility. As this demand increases, the combination of HT and DSD strengths will enable offering the best-in-class eMobility solutions for global markets.
Kumar Prabhas, CEO, Hinduja Tech

We believe that HT is the right partner at the right time and see this as a tremendous opportunity for the long-term future and expanded capabilities of DSD. As part of the HT family, DSD will be able to increase its reach through HT’s global business model and full vehicle development and integration expertise. It is an ideal complement to DSD’s advanced engineering capabilities in transmission, driveline, motor design, power electronics and simulation.
Mark Findlay, CEO of Drive System Design

We are delighted to have advised Mark and the DSD team in finding a partner that will enable them to accelerate their growth story. As an early pioneer in the field of electrification, DSD is a true world-leading business and is incredibly well-positioned to capitalise on the key megatrends in the mobility market. This transaction will strengthen the combined business’ international market share and support the expansion of core services on a global scale.
Mark Gillingham, Director, Clearwater

Advisers

Phil Burns

Managing Director +44 845 052 0362 phil.burns@clearwatercf.com Connect

Mark Gillingham

Director +44 845 052 0368 mark.gillingham@clearwatercf.com Connect

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