OTP: Genstar Acquires OTC from Irving Place

Genstar Capital has acquired Ohio Transmission Corporation, a distributor of industrial automation equipment, from Irving Place Capital. Ohio Transmission Corporation (OTC) is a distributor of highly engineered products including motion control, pumps, finishing products, robotics, motors and air compressors. The company has more than 13,000 customers that are active in the transportation, industrial machinery, metals, [...]The post Genstar Acquires OTC from Irving Place appeared first on Private Equity Professional.