OEC completed the acquisition of PartsTech.

Synopsis

OEC, a company that provides software solutions for original equipment manufacturers, completed the acquisition of PartsTech, a company that connects auto repair facilities their a network through its e-commerce procurement solution. Financial terms were not disclosed.

Principals

target

PARTSTECH

bidder

OECONNECTION

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Market Context

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Seller Team (1)

greg kirber

Founder and CEO at PARTSTECH

Manager

target

Deals

£ 28 M

Total Value

Bidder Team (3)

patrick brown

CEO at OECONNECTION

Manager

bidder

Deal

n/a

Total Value

justin farra

Partner at Jones Day

Lawyer

bidder

Deals

n/a

Total Value

john saada

Partner at Jones Day

Lawyer

bidder

Deals

n/a

Total Value

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