Dhoot Transmission, a Bain Capital-backed leading electrical and electronics company, has acquired MULTILINK, a leading manufacturer of electronics and electrical products for two- and three-wheeler Original Equipment Manufacturers for an undisclosed amount.

MULTILINK is a supplier to several OEMs, with a diversified product portfolio that includes chargers, sensors, relays and switches. The Bengaluru-headquartered entity operates three manufacturing facilities across Hosur, Mysore and Manesar.

The transaction marks another strategic bolt-on acquisition for Dhoot, reinforcing its position as a scaled, integrated solutions provider to the automotive ecosystem.

The acquisition is aligned with Dhoot’s strategy to capitalize on accelerating trends towards increasing electrification, premiumization and electronic content in vehicles, supported by rising EV adoption. The combination will further strengthen Dhoot’s capabilities across key electronic and electrical product categories for 2W and 3W OEMs. Additionally, the combined platform will enable cross-selling opportunities across a broader customer base, further accelerating growth.

Rahul Dhoot, Managing Director, Dhoot Transmission said MULTILINK is a strategic fit for Dhoot, given the complementary product portfolio and long-standing customer relationships. This acquisition strengthens our position in the fast-evolving 2W and 3W segments, where electrification and increasing electronic content are driving structural growth, he said.

Saahil Bhatia, Partner, Bain Capital said the acquisition is a continuation of the strategy to strengthen Dhoot’s electronics capabilities and deepening presence in high-growth segments.

The integration is expected to unlock significant synergies through enhanced procurement efficiencies, manufacturing capabilities, and supply chain optimization, he added.

HG Vasuki, Promoter, MULTILINK said Dhoot’s scale, customer relationships and manufacturing capabilities, along with Bain Capital’s strategic support, will provide a strong platform for the next phase of growth.

PwC acted as financial advisors and Trilegal acted as legal advisors to Dhoot. Spice Route Legal acted as legal advisors and Aeka Advisors acted as financial advisor to MULTILINK.

Published on April 28, 2026