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Leading engineering distributor Ohio Transmission Corporation acquired by private equity firm Irving Place Capital

Middle-market private equity firm, Irving Place Capital completed the acquisition of Ohio Transmission Corporation (OTC), one of the leading technical distributors of highly engineered motion control, pump and air compressor products. The deal details have not been disclosed. OTC which was founded in 1963 and is headquartered in Columbus, Ohio and has over the years expanded as a company through various acquisitions. Currently it serves 11,000 customers across diverse end-markets by developing technical and consultative sales, repair and aftermarket capabilities.


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