Legendary Honda Tuner Hondata Acquired By Engineered Performance Technologies Group
Hondata, a renowned Honda and Acura engine tuner, has been acquired by Engineered Performance Technologies Group, a consumer-focused automotive aftermarket company.
Key Takeaways
- Hondata, a legendary Honda tuner, has been acquired by Engineered Performance Technologies Group.
- The acquisition will provide Hondata with additional resources to accelerate technological leadership and expand customer support.
- Hondata will continue to operate under the leadership of its co-founders, Derek Stevens and Doug Macmillian.
- Engineered Performance Technologies Group has completed eight acquisitions since 2007.
- The acquisition is expected to bring more innovations to the marketplace for Honda and Acura enthusiasts.
What Does This Acquisition Mean for Hondata?
The acquisition of Hondata by Engineered Performance Technologies Group is expected to provide the tuner with the resources it needs to continue serving its customers and expanding its product offerings.
As part of the acquisition, Hondata will have access to additional resources and support, enabling it to accelerate its technological leadership and bring more innovations to the marketplace.
Who is Engineered Performance Technologies Group?
Engineered Performance Technologies Group is a consumer-focused automotive aftermarket company that invests in and builds products that deliver premium, differentiated software-based solutions for its customers.
The company has completed eight acquisitions since 2007 and has a portfolio of brands that includes Cobb Tuning, PRL, ECUTek, and AutoMeter.
What is Hondata’s History?
Hondata was co-founded in 1999 by Derek Stevens and Doug Macmillian in New Zealand.
The company brought its operations to the United States in the early 2000s and is currently headquartered in Torrance, California.
What Does the Future Hold for Hondata?
While the acquisition is expected to bring more resources and support to Hondata, it is uncertain what the future will hold for the tuner under private equity ownership.
As part of the acquisition, Stevens, Macmillian, and the current Hondata team will continue in their current roles, but it remains to be seen how the company will evolve under new ownership.
Specifications
| Specification | Value |
|---|---|
| Year Founded | 1999 |
| Headquarters | Torrance, California |
| Parent Company | Engineered Performance Technologies Group |
Frequently Asked Questions
Q: What does Hondata do?
Hondata offers Honda and Acura owners the ability to tune their engine control units.
Q: Who acquired Hondata?
Engineered Performance Technologies Group acquired Hondata in May.
Q: What does the acquisition mean for Hondata’s customers?
The acquisition is expected to bring more innovations to the marketplace for Honda and Acura enthusiasts, and Hondata will continue to operate under the leadership of its co-founders.
