Mevotech

In 1982, Ezer Mevorach and his father, Moni, founded Mevotech in Montreal, starting a journey that would establish them as a key player in the automotive aftermarket. The company specializes in engineering and designing driveline, steering, and suspension parts, focusing on creating products that are more durable and easier to install than original equipment. Mevotech's business is built on a narrow product focus, concentrating on control arms, chassis parts, and wheel hub assemblies to drive innovation and maintain a first-to-market advantage. A pivotal moment for the company arrived in 2009 when CEO Ezer Mevorach decided to scale down the product offerings to these three core lines. This strategic shift allowed Mevotech to intensify its focus on engineering, leading to the development of patented technologies and a reputation for high-quality, durable components designed for professional technicians. In 2014, the company received a growth capital investment from Penfund, which supported its expansion. This partnership lasted a decade, culminating in a significant event in July 2024 when private equity firm TorQuest Partners acquired Mevotech. The terms of the deal were not disclosed, but it was confirmed that Ezer Mevorach would continue as CEO and remain a significant shareholder, ensuring leadership continuity. This acquisition marked the first platform investment from TorQuest Partners Fund VI, positioning Mevotech for its next phase of growth.