July 2021
Windjammer Portfolio Company Mission Critical Electronics Acquires ZeroRPM

Windjammer Capital Investors is pleased to announce that its portfolio company Mission Critical Electronics (“MCE”) has acquired ZeroRPM, a pioneer in anti-idling technology and provider of advanced energy storage and hybrid solutions that convert conventional vehicles into cost-efficient hybrid units. The terms of the transaction were not disclosed.

California-based Mission Critical Electronics is a designer and manufacturer of premium electrical power solutions for specialty vehicle, marine, network and industrial markets. The acquisition of ZeroRPM further strengthens MCE’s presence in the vehicle electrification space and underscores MCE’s commitment to being a leader in providing clean energy solutions.

“ZeroRPM’s patented solutions provide continuing power to onboard equipment, and heating and air-conditioning to the passenger compartment, without idling the engine. It creates a hybrid vehicle with lithium-ion battery technology that integrates seamlessly with a vehicle’s engine and existing electrical system, and automatically restarts the engine to recharge the batteries when necessary,” said Kevin Moschetti, CEO of Mission Critical Electronics.  “We will expand on ZeroRPM’s existing strength in the work truck, government and emergency vehicle markets by bringing their solutions into other specialty vehicle and marine applications.  Some of the most exciting applications we are working on are in the Recreational Vehicle and Heavy-duty Truck markets where ZeroRPM’s products provide enhanced comfort for users.”

“This is truly a watershed moment! Joining the MCE family and getting immediate access to their world class operations and the variety of markets they serve will open up a whole new world of opportunities for ZeroRPM solutions” said Lance Self, CEO of ZeroRPM.  

“We are excited to partner with and support the MCE management team in their ongoing organic and acquisition-oriented growth strategies,” said Matt Anderson, Managing Director at Windjammer Capital. “The benefits of ZeroRPM’s no-idle alternative in vehicle applications are manifold – reduced emissions, lower fuel consumption, reduced operating costs, and overall improved operator safety and comfort. This transaction is a significant step that further enhances MCE’s solutions for the vehicle electrification market.”  

If you have any questions related to this transaction, please contact Jeff Miehe or Matt Anderson at (949) 721-9944.

About Windjammer

Windjammer Capital is a national private equity investment firm, based in Newport Beach, CA and Waltham, MA that invests control equity in middle-market businesses and in partnership with management. Since its founding in 1990, Windjammer has managed over $2 billion of committed capital with respect to its control equity investment strategy, and since inception has completed over 60 platform investments and more than 160 strategic add-ons. The firm targets investments in companies that are leaders in attractive niche markets and share several of the following characteristics: significant and defensible market positions; differentiated products and services; strong management teams; scalable business models; identifiable growth opportunities; and consistent financial performance.

About Mission Critical Electronics

Headquartered in Huntington Beach, Calif., Mission Critical Electronics (MCE) is a leader in the development of innovative solutions for power conversion, energy storage, power generation and shore power connectivity for a wide variety of end-use applications operating under the leading brands Xantrex, Kussmaul Electronics, Newmar Power, ASEA Power Systems, Power Products, and American Battery Charging. These brands are built on team strength and the ability to connect with customers. MCE takes great pride in translating its customers’ needs into the highest quality products and solutions available in the markets it serves. MCE delivers its products and solutions with an unmatched level of responsiveness.

About ZeroRPM

ZeroRPM is the leader in providing idle mitigation and hybrid solutions throughout the U.S. with a complete series of solutions for light, medium, and heavy-duty work vehicles in the public safety, fire, ambulance, security, telecom, utility, and recreational vehicle markets. ZeroRPM’s patented solutions provide fleet managers with proven, market-leading technology to fully automate their vehicles at a worksite for cab comfort through the factory vents, for power takeoff (PTO) and auxiliary power while providing idle mitigation – saving fuel and routine maintenance costs while reducing emissions and engine wear.