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New Deal


Announced

OEConnection to merge with Overall Parts Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

supply chain management

Industrial Distribution

Acquisition

Friendly

Majority

Single Bidder

Pending

United States

logistics solutions

Domestic

Merger

Synopsis

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OEConnection, an original equipment manufacturer distribution network, agreed to merge with Overall Parts Solutions, a supply-chain management solutions provider. Financial terms were not disclosed. “OEC and OPS stand united in a joint mission to keep our world up and running by collaborating with industry partners to drive innovation and efficiency throughout the entire repair lifecycle. There are no immediate changes to our respective offerings resulting from this merger,” Nick Bossinakis, Overall Parts Solutions CEO.

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