CLOs on the Move


 
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Ondaro (formerly Cask NX)

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Tower International

Tower International now AUTOKINITON! Autokiniton pursues strategic investments in respected Tier 1 automotive suppliers. Through innovative solutions and services, our subsidiaries advance the trends that define the automotive industry of today and tomorrow. In May 2018, Autokiniton was formed by KPS Capital Partners and George Thanopoulos (Autokiniton Chairman & CEO) to acquire L&W Group. L&W Group is a leading Tier 1 supplier in the automotive industry specializing in metal stampings, welded assemblies, and tubular products. In September of 2019, Autokiniton acquired Tower International, a leading Tier 1 manufacturer of structural metal automotive components and supplier of metal stampings, welded assemblies, frame structures, and chassis structures. This merger of L&W Group and Tower International has created the No. 2 Body-In-White and vehicle-frame supplier in North America, providing value-driven, sustainable automotive components and assembly solutions for our customers in the mobility industry. Our dedication to teamwork, speed, simplification, performance, and empowering our associates has made us a trusted partner to the worlds top automotive OEMs. Autokinitons legacy of operational excellence, high-quality execution, and customer service ensures that every project – no matter how challenging -- is in the best possible hands.

Electrify America

Electrify America, LLC is a prominent electric vehicle (EV) charging network in the United States, established in 2016 as a subsidiary of Volkswagen Group of America. The company aims to promote Zero-Emission Vehicle (ZEV) adoption by creating a nationwide network of ultra-fast and convenient EV charging stations. As of August 2024, Electrify America operates over 950 charging stations with more than 4,250 DC fast charging connectors, making it the largest open DC fast-charging network in the country. The company focuses on providing reliable and accessible hyper-fast charging solutions, supporting multiple connector types, including CCS and CHAdeMO, with plans to add Tesla’s North American Charging Standard (NACS) connectors in 2025. Electrify America is committed to sustainability, ensuring that all energy supplied to drivers is backed by 100% renewable energy certificates, and aims for a net zero carbon footprint. Headquartered in Reston, Virginia, the company employs around 300 people and actively engages in community education to promote equitable electrification.