ACQUISITION ANNOUNCEMENT

Dura Logo

Aspire-Lakewood Holdings, Inc. has acquired Dura Control Systems Corp. (“DCSC”), a leading designer and manufacturer of highly engineered automotive and industrial control systems that combine mechanical engineering, electronics and computer science to provide intelligent, automated systems for vehicle electrification, safety, lightweighting, and sustainability. DCSC maintains a strong powertrain agnostic product portfolio that includes mechatronic actuators, human machine interfaces, industrial cables, and cable control systems.

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Global Engineering Technical Centers
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Patents
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Years of Operating History
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Manufacturing Facilities Across 3 Continents

DCSC, A Wholly owned subsidiary

  • DCSC has become a wholly owned subsidiary of the Company.
  • Acquisition represents a transformative milestone for Aspire-Lakewood, positioning the Company to rapidly evolve into a diversified, industrial enterprise.
  • Adds an established global brand with scale in large and growing markets driven by trends in vehicle and mobility and industrial control systems.

KEY FACTS AND FIGURES

  • FY25 Revenue: $209.5 million
  • FY25 Adjusted EBITDA: $22.3 million (10.6% margin)
  • H1 2026: $103.9 million revenue, $10.5 million Adjusted EBITDA (10.1% margin)
  • Acquisition: Approximately $30.0 million cash purchase price; effective August 6, 2026
  • Facilities: 11 manufacturing plants across North America (United States, Mexico), Europe (Germany, France, Czech Republic, Romania, Portugal), and Asia (China, India)
  • Workforce: Approximately 1,700 employees worldwide
  • Intellectual Property: 310+ patents; 275+ distinct proprietary parts
  • Customers and Platforms: 50+ customers; 250 high-volume vehicle models across 150+ platforms
  • Product Families: HMI & Actuation Systems, Safety Systems, Shift Systems, Cable Control Systems, and Industrial Cables
  • Leadership: Hans Vorstenbosch, Chief Executive Officer; Gregory J. Corona, Chairman

About Dura Control Systems Corp (DCSC)

Dura Safety Critical Vehicle Controls

Dura Control Systems Corp (DCSC) is a leading designer and manufacturer of highly engineered automotive and industrial control systems that combine mechanical engineering, electronics and computer science to provide intelligent, automated systems for vehicle electrification, safety, lightweighting, and sustainability.

DCSC maintains a strong powertrain agnostic product portfolio and designs and builds human-machine interface interfaces (HMI), actuation, shift, park, pedal, and cable control systems for passenger vehicles, commercial vehicles, and off-highway equipment.

The Company has more than 110 years of operating history beginning with mechanical control cables and park-brake hardware and now supplies mechatronic systems that include electronic and joystick shifters, shift-by-wire actuators, pedal assemblies, electronic park locks, sensors, printed circuit boards, and firmware.

Its products are powertrain-agnostic and used on internal-combustion, hybrid, and battery-electric platforms.

Message from the CEO

”I’m excited to report that Aspire-Lakewood Holdings, Inc. has begun its strategic transformation into a diversified holding company with the landmark acquisition of Dura Control Systems Corp. Aspire-Lakewood has acquired a highly profitable, global industrial mechatronics leader generating $209.5 million in fiscal year 2025 revenue. Backed by predictable revenue streams and operational consistency through the first half of 2026, this acquisition structurally shifts Aspire’s long-term financial scale and cash generation capabilities.”

Kraig Higginson
CEO

Development-Stage Pharmaceutical and Commercial Platform

Aspire-Lakewood Holdings continues to retain its development-stage pharmaceutical and commercial platform. For more information click here.