September 24, 2017 3:08 AM ET

Auto Components

Company Overview of Fallbrook Technologies Inc.

Company Overview

Fallbrook Technologies Inc. develops and manufactures transmission systems. The company provides NuVinci technology, a traction-based continuously variable transmission (CVT) applicable to mechanical devices that have a transmission or benefit from speed or torque variation; offers NuVinci Harmony, an automatic shifting system for use with the bicycle CVT; and holds various patents and pending applications worldwide. It also provides N330f, a rental and commercial grade bicycle groupset. The company’s NuVinci continuously variable planetary (CVP) technology is applicable to various machines that use transmissions, such as bicycles, light electrical vehicles, automobiles, agricultural equipme...

505 Cypress Creek Road

Suite L

Cedar Park, TX 78613

United States

Founded in 1998

58 Employees

Phone:

512-519-5300

Fax:

512-519-5287

Key Executives for Fallbrook Technologies Inc.

Chairman and Chief Executive Officer
Age: 54
President and Chief Operating Officer
Age: 58
Chief Financial Officer
Managing Director of Bike Division
Head of Customer Accounts Management and Business Developer for Emerging Markets
Compensation as of Fiscal Year 2017.

Fallbrook Technologies Inc. Key Developments

Fallbrook Technologies Inc. Announces Executive Appointments

Fallbrook Technologies Inc. announced an expansion of the business development and licensing team focused on significantly increasing its technology licensing activities. Fallbrook's expansion includes new leadership for the business development and licensing team. Aaron Shagrin, vice president of licensing and business development and Scott McBroom, director of licensing and business development, both, joined Fallbrook in January 2017. Shagrin has over 20 years of experience guiding hardware and software products from concept through execution and launch, as well as inbound and outbound Intellectual Property licensing. McBroom has been involved with NuVinci technology since 2006 and has extensive engineering, business development, and management experience. They will close opportunities in the pipeline, source and transact new licensing deals and provide account management for existing customers to help them realize the full business potential of the technology and the NuVinci Community.

Fallbrook Technologies Announces Executive Changes for its NuVinci Cycling Division

NuVinci Cycling, division of Fallbrook Technologies, has strengthened its sales and marketing team once again with two additional experienced senior managers. Joining the team are Billy van den Ende, Director of Sales and Niels van der Steen, Retail Marketing Manager. Billy van den Ende will report directly into David Hancock, Fallbrook's Managing Director, Bike Division. He will oversee the team of OEM Business Developers as well as the Customer Account Management team. With an extensive background in customer acquisition and brand management stemming from years in the urban mobility and technology industry, Billy brings highly relevant experience to lead the team of OEM business developers and the inside sales team. Before joining NuVinci Cycling, Billy was responsible for the direct to consumer bike brand, Canyon Bicycles in the Benelux market. Prior to that, he worked at the European HQ in Dublin for Google. Furthermore, Remco Voorhorst has been promoted internally to the new Head of Customer Accounts Management and Business Developer Emerging Markets. After successfully managing a wide range of customer-care responsibilities in the last 10 months, Remco is now moving on to this combination role, which is key for the implementation of the company's strategy for 2017 and beyond. He will report to Billy van den Ende and focus on developing the OEM business outside of DACH and BENELUX. Niels van der Steen has an extensive sales and marketing background in the bike and sports industry and built experience at Shimano Europe and Puma. During the last three years, Niels was responsible for global sales and trade marketing at Science in Sport. He will be responsible for all marketing activities directed at retailers globally and oversee the team of retail development managers in the field. Niels will report directly to Anne Guethoff, Director of Marketing.

NuVinci(R) Cycling Introduces N330f(TM), a Commercial Grade Bicycle Groupset

NuVinci Cycling, a division of Fallbrook Technologies, introduced N330f -- the ultimate rental and commercial grade bicycle groupset. The N330f provides durability like no other transmission due to the specifically designed hardware components. With a ratio range of 330%, a maximum continuous torque of 80Nm and 200kg maximum permissible vehicle weight, this transmission is specifically designed for usage in the bike share and commercial environment. Throughout the product lifecycle, it offers the best value compared to existing solutions. This value is predominantly provided by N330f reducing service and maintenance costs compared to non-commercial grade, competitive products. Common pain points for operators of bike share programs and commercial bicycle fleets include the misuse or even abuse of the bicycle by its user, high maintenance costs, and unpredictable service cycles.These pain points are addressed with the launch of N330f. Riding a N330f NuVinci Optimized™ bicycle means concentrating less on operating the bike and more on what's important such as traffic, road hazards, or the scenery. Stepless shifting works whether the user is freewheeling, shifting under load, or waiting at a traffic light. Interruption of the ride caused by locked gears or even a broken-down bike is now a thing of the past. The N330f transmission includes an individual three-pawl freewheel which ensures even pawl engagement for higher durability, increasing the overall strength of the transmission. Also, the group offers a three millimeter offset sprocket. This enables the use of a one-eighth inch chain which lasts longer than regular chains. The pad-printed logo preserves and extends the high-end look of the product. The associated, new C3f controller features a specifically-designed rubber material which ensures comfort, a better ride, and a longer grip life. The new cable locking screw (four millimeters) offers an extremely durable, overdrive cable end fixture and protects against higher pullout forces.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
May 10, 2017
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