Providence Equity Partners invests in OEC

By Iris Dorbian — 3 months ago

Providence Equity Partners has acquired a majority stake in Richfield, Ohio-based OEConnection LLC, an automotive parts tech provider for original equipment manufacturers’distribution networks. No financial terms were disclosed for the transaction that’s expected to close by the end of the second quarter of this year. William Blair and Jones Day served as advisers to OEC on the deal.

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