- CEO
- Vahan V. Basmajian
- Full Time Employees
- 11
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 525 Woburn Street Tewksbury MA United States of America 01876
- IPO Date
- Mar 27, 1996
- Business
- Megatech Corporation specializes in designing, manufacturing, and promoting advanced transportation training solutions for automotive, diesel, hybrid, and alternative-fuel technologies. Its core products and services include a range of state-of-the-art training equipment and complete training programs covering automotive engine repair, transmission, brakes, electrical/electronics systems, and more. Megatech offers customization services, working closely with secondary and post-secondary educational institutions, government agencies, and commercial industries to deliver tailored turnkey training solutions that meet specific ASE certification requirements. The company's equipment lineup includes automotive engine repair trainers, transmission/transaxle and drivetrain trainers, steering and suspension trainers, and complex parts machining solutions.
Founded in 2020 and headquartered in the United States, Megatech recently underwent significant changes following its acquisition by MiddleGround Capital in early 2023, positioning the company as a digital manufacturing platform specializing in high-precision, low-volume engineered CNC machined parts for diverse markets such as optics, photonics, robotics, medical, and aerospace and defense. In mid-2025, Megatech expanded its footprint further with the acquisition of Advantage Metal Products, a precision sheet metal fabrication and CNC machining firm based in Québec City, which enhanced its technological capability and North American market reach.
Additionally, Megatech Industries Aktiengesellschaft, a European plastic injection molding player serving the mobility sector, was acquired by SAPA in late 2024, complementing SAPA’s One-Shot® technology and expanding its presence across Europe and South America. This consolidation strengthened relationships with major automotive OEMs including Volkswagen Group, BMW Group, and Stellantis, while supporting SAPA’s strategic diversification and international growth.
Megatech’s product portfolio and service capabilities now span transportation training solutions and highly specialized precision manufacturing, supported by partnerships with private equity investors and expanded through targeted acquisitions, reflecting its strategic focus on innovation, scale, and diversification across automotive, education, and advanced manufacturing industries both in North America and globally.