One Equity Partners completed its investment in Nexion.

One Equity Partners, a middle market private equity firm, completed its investment in Nexion, an automotive solutions business, focused on garage equipment, diagnostics, and advanced driver assistance systems aftermarket solutions. Financial terms were not disclosed. "A partnership with OEP positions Nexion for its next phase of growth. Over its 65-plus year history, Nexion has developed a track record of introducing market-leading products and acquiring and integrating strategic brands. With OEP as our new partner, we can accelerate our organic and inorganic growth trajectory in our traditional garage equipment products, as well as our new ADAS offerings," Giulio Corghi, Nexion Chairman.