Two Deg C LLC
Business Diligence, Market Assessment and Strategy Consulting

Industrial Products & Services

  • Performed commercial diligence of a flow measurement prover manufacturer and a centrifugal pump manufacturer for a large industrial products conglomerate.
  • Performed commercial diligence for acquisition of several industrial product companies including manufacturers of flow measurement devices, specialty pumps, high temperature blower for fuel cells, gas analyzers, specialty valves, etc.
  • Developed growth strategy for a high-pressure cylinder manufacture in several end markets including industrial gases, natural gas, hydrogen mobility, refrigerants, propane, foam, adhesives and fire extinguishers.
  • Identified and prioritized innovation opportunities in advanced membrane filtration for a leading filtration company in multiple applications including water, food, pharma, and process industries.
  • Conducted market assessment of filtration opportunities in refining and chemicals for a global leader in filtration products.
  • Performed competitive Assessment of IIoT Solution Providers in the process industries for a leading technology licensor and control systems player.
  • Conducted a market scan for highly engineered components in medical devices, aerospace, and defense industries for a industrial manufacturer.
  • Completed a market analysis of air data probe manufactures across different aerospace segments and identified market entry opportunities for an avionics player.
  • Identified and prioritized growth opportunities in supply of raw material in the electronic industry for a mining company.
  • Validated a rollup strategy in design engineering services for a private equity investor and conducted due diligence of the anchor acquisition.
  • Conducted market assessment of electrical and electronics distribution industry for a private equity client.
  • Conducted market assessment and commercial diligence of a global leader in manufacturing solid glass microspheres that are used for road marking, and metal finishing applications.
  • Conducted commercial due diligence of a leading lube oil and fuels distributor in the US market. 
  • Completed voice of customer study for a leading aeroderivative turbine manufacturer and service provider. 
  • Assessed attractiveness of building a specialty chemicals distribution platform with high purity lab chemicals & bioscience reagents.


Recycling & Environmental Services

  • Conducted commercial due diligence of a green technology developed for recovery of gold and precious metals for e-waste compared to traditional process using industrial smelting.

  • Conducted strategic review of the environmental business unit of a large engineering company focused on desalination, waste water recycling, and waste-to-energy projects.
  • Completed market assessment of non-hazardous and hazardous environmental services space to uncover future drivers of demand and develop growth strategy for a super-regional environmental services player.
  • Conducted commercial due diligence of a construction and infrastructure contractor that provides a wide range of services including excavation, shoring, deep foundation work, environmental remediation, decommissioning, demolition, and rock stabilization for developers and municipalities.
  • Conducted commercial due diligence of a construction company that provides services including geotechnical construction, environmental remediation, and emergency and disaster response for clients in the public sector.


Oil & Gas and Chemicals

  • Developed, commissioned and operated used lube oil re-refineries in Southeastern US and marketed base oil products to lube blenders and distributors.
  • Conducted review of filtration applications and products in oil & gas and chemical industries for a filtration company and developed a plan for competitive differentiation and growth.
  • Performed market assessment of a subsea engineering, construction and services company serving the global offshore exploration and production majors.
  • Implemented market entry in India for a leading US based bypass lube oil filter manufacturer used in diesel and natural gas fired engines. Established a distribution network and completed homework for localization of the product.
  • Conducted market assessment for an advanced diesel filtration technology company based in the US for entry into India.
  • Evaluated feasibility of pet coke gasification and production of clean fuels for a refiner and petrochemicals player.
  • Profiled specialty chemicals manufacture for potential acquisition for a global silicone manufacturer.
  • Conducted assessment of China Based manufactures of Silicone basic materials (Siloxane and Chlorosilane).
  • Conducted outside-in-analysis of a specialty chemicals formulator for a potential acquisition for a diversified chemicals company.

 

Renewable Energy

  • Developed and operated biomass, biogas, and wind energy plants. Was the President at Orient Green Power Ltd (OGPL), a leading renewable energy power producer in India with 500+ MW of operating capacity. Led the IPO of OGPL along with the main shareholder of the company and raised $200 Million.
  • Conducted market assessment of distributed solar generation in the US across residential, commercial and community solar segments to understand the drivers of growth, competition, regulation, business models and financial returns post the introduction of 10 year ITC and other incentives under IRA.
  • Conducted market assessment of US residential solar PV industry for an infrastructure fund. Assessed the challenges and opportunities for installers and financiers and the evolution of financing products in the US residential solar market.
  • Identified strategic partners for a high efficiency solar thin film PV technology player that needed scale and financial partnership to address the rapidly growing emerging markets.
  • Assessed growth and operational improvement opportunities in biomass power generation assets in the US. 
  • Identified key trends in utilities across all aspects of generation (thermal + renewables), transmission, distribution, & retail to determine whether utilities are investing on modernization of infrastructure and in digitalization.


EV & Energy Storage

  • Developed growth strategy for an advanced EV and AV battery startup using silicon anode to achieve high energy densities and 15 minute fast charging.
  • Developed an innovation and growth strategy for a Fortune 100 industrials major interested in advanced Li-ion batteries and a partnership roadmap required for commercialization.
  • Evaluated opportunities and business case for a long duration advanced battery storage solution for diesel replacement opportunities in telecom and other remote backup power applications.
  • Developed strategy for a new market entrant looking to setup a battery manufacturing business for EVs and stationary storage applications. 


Hydrogen Economy & Fuel Cells

  • Evaluated investment opportunities in hydrogen economy for a multinational chemicals and solar major. 
  • Conducted market assessment of hydrogen powered fuel cell EVs (FCEVs) in key markets including US and Germany and mapped the barriers to growth including hydrogen infrastructure development, storage, production of renewable hydrogen and the economics of FCEVs versus BEVs.
  • Assessed growth opportunities for different full cell technologies including SOFC, MCFC, PAFC, AFE and PEM for a large industrials major. 
  • Assessed adoption of hydrogen fuel cell versus battery electric vehicles for commercial fleet vehicles in both light and heavy segments. 


Renewable Natural Gas & Fuels

  • Assessed growth opportunities in RNG across dairy, food waste, landfill gas and wastewater segments market for an industrial major and provider of biogas upgrading solutions
  • Developed market entry strategy and helped with business building in the US for a leading biogas upgrading player in Europe.


Electric Motors, VFDs, Softstarters, & Energy Efficiency

  • Helped with fundraising for an electric motor startup developing a high performance and power dense motor for EV and other applications.
  • Developed growth and commercialization strategy for a high performance permanent magnet motor company. 
  • Developed a go-to-market plan for a super-efficient appliance and solar solutions provider leveraging the convergence of distributed generation, energy efficiency, and internet of things.
  • Developed go-to-market strategy for a climate friendly and energy efficient air conditioning technology player.
  • Conducted market assessment of soft starters and drives for a private equity client interested in an acquisition opportunity.