Michigan Business Broker is proud to announce the successful sale of Katech Engineering, a Clinton Township-based leader in high-performance engine design and manufacturing, to Rapson Performance Group. The sale was led by automotive veteran Mark Rapson.
The deal was signed in late May and finalized four months later, marking an exciting new chapter for one of Michigan’s most respected names in performance engineering.
Under the direction of Garry Franklin, General Manager of Katech Engineering, the company has remained a driving force in the motorsports and aftermarket performance industries, supplying advanced engines and components to racing circuits from Le Mans to Daytona. The acquisition by Rapson Performance Group ensures that Katech’s passion for “car guys building for car guys” will continue. The new investment and leadership will be focused on automotive performance innovation.
Michigan Business Broker assembled a strong transaction team that guided the process from start to finish, including Jeff Buzzerio of Lunchpail Capital, Marcus Ferrari of Commercial Finance Partners, and Tony Uttley, CEO of Ingenuity, Katech’s parent company.
Katech Sale a Success for All Involved
With support from Joe Nafsu and Birmingham Title, the deal closed smoothly achieving a strong return for the seller and a high-value acquisition for the buyer.
“To help get this deal through, we had to coordinate closely with financing, title, and legal partners who were willing to go the extra mile,” said Nadir Jiddou, President and Senior Broker at Michigan Business Broker.
“MBB supported the entire transaction — especially in the final weeks — by keeping all parties aligned and eliminating potential roadblocks before they became an issue. It was a real team effort that resulted in a win for everyone involved.”
Katech Engineering will move to the next level in performance engineering under the leadership of Rapson Performance Group, assuring that the racing juggernaut will remain in the hands of true automotive enthusiasts.
“Mark and Lynn Rapson created and built the Rapson Performance Group into the company it is today,” said Tony Uttley, owner of Katech’s parent company, Enginuity. “The synergy between Rapson Performance Group and Katech is quite apparent across products and customers and I’m confident that the combined organization will thrive under their leadership.”
Rapson, who has more than 40 years of experience through his work with Lingenfelter Performance Engineering, is deeply rooted in Michigan’s performance community.
“Katech has always been about engineering excellence and motorsports passion,” said Mark Rapson, owner of Rapson Performance Group. “I’m thrilled to carry that legacy forward. This isn’t just an investment — it’s an opportunity to keep pushing innovation in the state that gave the world the automobile.”
Katech Engineering: Legacy of Ingenuity to Continue
The acquisition strengthens Katech’s position in the high-performance and racing sectors by expanding product and service offerings, accelerating engineering and development, and building an enhanced market presence.
Katech Engineering has been a fixture in the automotive racing world for decades, powering championship-winning efforts in IMSA, Le Mans, SCCA, Indy, Dakar, Grand-Am and others.
“The company’s ability to engineer performance race engines is unparalleled,” Uttley said.
Uttley said the decision to sell came after It became clear that Katech needed new ownership to continue to grow and flourish within the automotive racing and engine performance sector.
“Katech Engineering’s name carries enormous respect,” said Lynn Rapson, owner and executive director of marketing and brand strategy for Rapson Performance Group. “It represents quality craftsmanship, innovation and American performance at its best. Our goal is to honor that legacy while giving the brand the resources and creative energy to thrive in the next generation of performance engineering.”
Katech Sale a Win for Michigan
From a broader industry perspective, this sale is a win for Michigan manufacturing. It keeps a performance-focused enterprise under local leadership, supports highly skilled jobs, and ensures ongoing investment in research, design, and production.
“This transaction reflects how Michigan’s manufacturing ecosystem works best — when skilled professionals and business leaders collaborate to build long-term value,” Uttley said. “Katech’s continued success under new ownership will help drive innovation in performance manufacturing for years to come.”
Katech Engineering’s install facility is fully integrated with a 44,000-square-foot climate-controlled headquarters in Clinton Township. Designed for precision and efficiency, the vehicle upfit and integration center allows on-site installations of high-performance engines, components, and complete vehicle packages.
Katech’s professional engineering staff, advanced CNC machining, engine assembly, dyno testing, and expert calibration services all will remain under the new leadership.
“This acquisition is more than a business move; it’s about preserving a legacy and fueling the future of high-performance engineering development,” Mark Rapson said.
By structuring deals that balance buyer expectations with seller priorities, MBB maximizes the likelihood of a successful transaction — and often at a better price than you’d secure alone.
Michigan Business Broker Nadir Jiddou is Here to Help. Having bought and sold businesses for more than 18 years in Michigan, Nadir Jiddou utilizes his contacts and experience to help his clients achieve their objectives quickly. Call us at (248) 220-3274 or look at the business listings we currently have on hand to see what might be a fit for you.