MKB Equity backs IEC Holden to boost North American electrification supply chain

MKB Equity Partners Inc. has made a growth investment in IEC Holden Inc., a Canadian manufacturer of precision electric motors and components used in electrified transportation and renewable energy infrastructure.

IEC Holden designs and produces equipment such as electric motors, generators, stators, rotors, coils and gearboxes for applications in rail electrification, wind energy systems and industrial automation. The company operates facilities in Canada, the United States and Mexico, providing scalable production capacity and program management for global original equipment manufacturers and their suppliers.

The investment aims to support IEC’s expansion amid 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 Jesse Teichman, partner at MKB. “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.”

“We are excited to welcome MKB as a strategic financial partner in this next phase of our growth across North America,” said Rob Briscoe, president and CEO of IEC Holden. “MKB’s partnership strengthens our foundation of trust and shared purpose, expanding what’s possible in bespoke electric motor manufacturing. This investment will help us increase capacity for customers who are redefining electrification in high-growth segments including green energy, e-mobility and rail.”

IEC Holden is recognized for its focus on quality, speed and flexibility, delivering mission-critical components on time and on budget while protecting intellectual property and minimizing supply chain risk.