Xtrac - About the company
Xtrac is an acquired company based in Thatcham (United Kingdom), founded in 1984. It operates as a Design and manufacturer of transmission systems. Xtrac has raised an undisclosed amount in funding. The company has 510 active competitors, including 7 funded and 79 that have exited. Its top competitors include companies like Linamar, Dana and Sona Comstar.
Company Details
Xtrac (formerly Pinco 1420 Ltd) designs and manufactures transmission systems and driveline components for motorsport, defence, marine and transportation industry. Component designs are sourced directly from CAD data for faster and precise manufacturing. Xtrac provides track-side support globally via a mobile workshop of engineers. It operates via a manufacturing facility in Thatcham to supply gearboxes to multiple sectors of motor-sport.
- Website
- www.xtrac.com/
- Email ID
- *****@xtrac.com
- Registered Address
- GABLES WAY,KENNET PARK,THATCHAM,BERKSHIRE,ENGLAND,RG19 4ZA
Key Metrics
Founded Year
1984
Location
Thatcham, United Kingdom
Stage
Acquired
Latest Funding Round
Investors
Ranked
89th among 510 active competitors
Annual Revenue
£45.9K as on Sep 30, 2020
Employee Count
366 as on Apr 30, 2026
Exit Details
Acquired by MiddleGround Capital (Jul 31, 2023)
Legal entities associated with Xtrac
Xtrac is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Xtrac Limited CIN: 1825037 , United Kingdom, Active | Jun 14, 1984 | $58.5K (As on Sep 30, 2020) | 321 (As on Sep 30, 2020) |
Xtrac's acquisition details
Xtrac got acquired by MiddleGround Capital on Jul 31, 2023.
Click here to take a look at Xtrac's acquisition in detail
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Xtrac's funding and investors
Xtrac has raised funding over 1 round. Its latest funding round was a PE round on Jul 2010 for $*****. 1 investor participated in its latest round. Xtrac has 1 institutional investor.
Here is the list of recent funding rounds of Xtrac:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 2010 | 3780515 | PE | 2387867 | 5989199 | 1409099 | 9159674 |
View details of Xtrac's funding rounds and investors
Xtrac's founders and board of directors
Founder? Claim ProfileXtrac's employee count trend
Xtrac has 366 employees as of Apr 26. Here is Xtrac's employee count trend over the years:
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Xtrac's Competitors and alternates
Top competitors of Xtrac include Linamar, Dana and Sona Comstar. Here is the list of Top 10 competitors of Xtrac, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer and supplier of motor vehicle parts and agricultural vehicle parts | - | 68/100 | ||
2nd | Dana 1904, Maumee (United States), Acquired | Supplier of electrified light-vehicle driveline technologies and components | - | 65/100 | |
3rd | Sona Comstar 1995, Gurugram (India), Public | Provider of design & development of electrical powertrain systems for automotive applications | - | 63/100 | |
4th | Gates 1911, Denver (United States), Public | Manufacturer and supplier of transmission components to the aftermarket | - | 58/100 | |
5th | Manufacturer and supplier of powertrain components | - | 57/100 | ||
6th | Kinetic Engineering 1972, Pune (India), Public | Manufactures gears, shafts and other auto components | - | 56/100 | |
7th | Ricardo 1915, Shoreham by Sea (United Kingdom), Acquired | Manufacturer and supplier of drive transmissions components to OEMs | - | 54/100 | |
8th | L.G.Balakrishnan & Bros 1937, Coimbatore (India), Public | Manufactures transmission components for automobiles | - | - | 50/100 |
9th | Imperial Auto 1969, Faridabad (India), Acquired | Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies | - | 50/100 | |
10th | Divgi TorqTransfer Systems 1995, Pune (India), Public | Manufacturer & supplier of automotive transmission systems to OEMs | $19.4M | 50/100 | |
89th | Xtrac 1984, Thatcham (United Kingdom), Acquired | Design and manufacturer of transmission systems | - | 27/100 |
Looking for more details on Xtrac's competitors? Click here to see the top ones
Xtrac's Investments and acquisitions
Xtrac has made no investments or acquisitions yet.
Reports related to Xtrac
Here is the latest report on Xtrac's sector:
News related to Xtrac
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MiddleGround Capital’s Acquisition of XtracGlobal Legal Chronicle•Aug 04, 2023•Clifford Chance, MiddleGround Capital, Xtrac
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Inflexion to exit Xtrac in SBO to MiddleGround CapitalUnquote•Aug 01, 2023•Inflexion, Xtrac, MiddleGround Capital
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Thatcham transmissions company bought by private equityThe Business Magazine•Jul 31, 2023•Xtrac, MiddleGround Capital
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Czinger Vehicles collaborates with Xtrac for 3D printed gearboxTCT Magazine•Mar 21, 2023•Czinger, Xtrac
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Berkshire’s Xtrac achieves triple accreditation in 2022The Business Magazine•Feb 02, 2023•Xtrac, ESGmark, Science Based Targets, Livingwage
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