Vantage Power – Trade sale to Allison Transmission
We are very pleased to announce the successful exit of our investment in Vantage Power, a leading developer of hybrid power-trains and associated battery and monitoring technologies for commercial vehicles. Origin first invested in Vantage Power in 2013, and we participated in two further funding rounds, in 2015 and 2017. The company has been bought outright in an all-cash transaction by US-headquartered Allison Transmission, one of the world’s largest global suppliers of medium and heavy duty automatic transmissions. Read more…