Fusion Capital Partners, a private investment firm focused on engineered products and industrial services, has acquired Excel Engineering, Inc., a North American provider of specialised testing services for engines, powertrains, battery systems, and fuel types across mobility and industrial applications. Terms of the deal were not disclosed.

Founded in 2002 by CEO Doug Sobotka, Excel delivers emissions, durability, battery, and specialty testing across the full product lifecycle—from pre-production validation to in-service compliance and certification. The company is closely embedded with blue-chip OEMs’ engineering and compliance teams to ensure products meet stringent regulatory requirements and performance specifications.

Jason Cowett, Managing Partner at Fusion, explained: “We continue to focus on identifying and partnering with best-in-class engineered products and essential services businesses that we believe have the potential to achieve transformational growth. Excel’s strong leadership team, coupled with their technical expertise and differentiated value proposition makes them an ideal fit for our portfolio.”

Doug Sobotka added: “This transaction represents a critical milestone for Excel as it highlights the value of our platform and comprehensive suite of testing services. In looking for a strategic partner to help us further scale our business over the long-term, the Fusion team clearly differentiated themselves as our partners of choice given their partnership-oriented approach, strategic roadmap for growth and robust industry experience.”

Excel will continue to operate from its headquarters in Diagonal, Iowa, under Sobotka and its current management team. This acquisition marks Fusion’s third platform investment since launching in 2024, following the acquisitions of Relevant Industrial, LLC and Tavoron, leaders in industrial equipment and automation solutions.

Read the full article to see how Fusion Capital is reshaping industrial testing capabilities through its acquisition of Excel Engineering.

(Photo Credits to Fusion Capital Partners)