Growth through acquisitions Recent acquisition by Fcpartners signals a change in ownership and potential alignment with a broader industrial testing services platform. This presents an opportunity to approach integrated solutions discussions with the new parent company and explore cross-sell of battery, EV, and emissions testing services.

Expanded fast-growing testing xEV, BESS, and HV battery systems testing is highlighted as Excel's fastest growing expertise. This indicates a strong demand channel for battery performance, environmental, and abuse testing—ideal for partnerships with OEMs ramping EV and hybrid programs.

OEM DV PV opportunities OEMs rely on Excel for development and production validation testing during manufacturing ramp-ups. Target high-volume automakers and Tier 1 suppliers planning new platform launches to position Excel as a scalable partner for powertrain, emissions, and durability testing.

Compliance-driven demand Facilities support EPA and CARB certification testing across ATVs, SXS, motorcycles, and off-highway segments with 40CFR compliance. This suggests growth potential with manufacturers targeting regulatory approvals in North American markets and expansions into new vehicle categories.

Global-standard capabilities With 40 CFR compliance across multiple test cells and a broad suite covering ICE, EV, hydrogen, fuel cells, and transmissions, Excel offers end-to-end testing for diverse powertrains. Leverage this breadth to pursue multi-vehicle programs and enterprise-level testing commitments with multinational OEMs and contractors.