MKB Equity Partners has led a growth investment in IEC Holden to expand its North American motor-manufacturing footprint.

Both firms are based in Montreal. Financial terms were not disclosed.

IEC manufactures precision electric motors and components for electrified transportation and renewable-energy infrastructure. The company provides design-for-manufacturing and production capabilities for electric motors, generators, stators, rotors, coils, and gearboxes used in rail electrification, wind energy, and industrial automation.

With facilities in Canada, the United States, and Mexico, it offers scalable production capacity for global original equipment manufactures and their suppliers through a technology-agnostic approach.

The investment is intended to support rising demand for electrified systems and clean energy infrastructure, while strengthening supply chain resilience across North America.

“Electrified transportation and renewable energy systems are reshaping industrial supply chains, creating demand for scalable, high-integrity manufacturing,” said MKB Partner Jesse Teichman. “Consistent with our focus on resilient platforms that enable the energy transition, we’re pleased to partner with IEC Holden, a company with a longstanding track record in precision manufacturing and cross-border execution.

“This investment reflects our commitment to supporting industrial businesses that combine operational depth with sector relevance and a clear trajectory for growth.”

Rob Briscoe, IEC’s president and CEO, said the investment will help the company increase capacity for companies that are redefining electrification in high-growth segments, inculding green energy, e-mobility and rail.”

MKB is a private investment firm that is advancing the global energy transition by supporting growth-stage companies within energy, mobility, built environment, and related industrial sectors. The firm says it focuses on scalable, high-impact themes at the core of the transition while partnering with companies that demonstrate strong fundamentals and a clear scalability.

Photo: IEC Holden