logo
logo

Grand Valley Holdings And Gemspring Capital Acquire Oci

Sep 27, 2023•almost 2 years ago

Acquiring Company

Gemspring Capital

Acquired Company

OCI

WestportFinanceVenture CapitalManufacturing

Description

Grand Valley Holdings, LLC, an independent sponsor focused on partnering with family-owned businesses in the Midwest, and an affiliate of Gemspring Capital Management, LLC ("Gemspring"), a middle-market private equity firm, are pleased to announce they have acquired OCI, LLC ("OCI" or the "Company"), a manufacturer of custom-built foundation drilling components primarily for the infrastructure and construction end markets.

Company Information

Company

Gemspring Capital

Location

Westport, Connecticut, United States

About

Gemspring Capital, a Westport, Connecticut-based private equity firm with $1.5 billion of capital under management, provides flexible capital solutions to lower middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth and value creation. Target companies have up to $500 million in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare services, industrial services, software and tech-enabled services, or specialty manufacturing sectors. For more information, visit www.gemspring.com. Contact: Ravdeep Chanana ( ravdeep@gemspring.com) SOURCE Gemspring Capital

Company

Grand Valley Holdings

About

Grand Valley Holdings is a Cincinnati-based acquiror of privately-held, family-owned businesses in the Midwest United States. The Partners of Grand Valley Holdings bring over 35 years of experience acquiring, developing, and operating private businesses. For more information, visit www.gvhllc.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Jack hidden

hidden
hidden

Clay hidden

hidden
hidden