Founded in 2000 as a partnership between Ford and General Motors, OEC provides software and data solutions that form the digital backbone of the automotive aftersales ecosystem. Its platform connects automakers, dealerships, and repair shops, helping streamline parts distribution and vehicle repair processes. 'Joining forces with Francisco Partners positions OEC to build on our strong momentum and further strengthen the value we deliver to our customers and partners,' said Patrick Brown, Chief Executive Officer of OEC. 'Our transformative partnership with Genstar has enabled us to significantly expand our offerings in collision and mechanical repair, accelerate innovation, and grow our network globally.' 'As the industry undergoes a generational and technological shift, OEC is uniquely positioned as a trusted partner that can deliver greater connectivity, efficiency, and profitability across the ecosystem,' said Petri Oksanen, Partner at Francisco Partners. Evercore acted as...
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