Frontenac recapitalizes OTC

Frontenac has completed the recapitalization of Ohio Transmission Corporation (OTC) in partnership with its founding owners and CEO1ST partner Bob Grubbs, who will serve as Chairman. OTC is a family- and employee-owned distributor of motion control and related products and services, addressing a wide range of industrial end-markets from 18 branch locations. This represents the second investment in Frontenac’s 10th investment fund.

Frontenac Company is a leading private investment firm focused on investing in lower middle market buyout transactions in the Business Services, Industrial, Food, and Healthcare industries. We work in partnership with proven operating leaders, through our executive-centric approach called CEO1st®, to identify, acquire, and build market leading companies through transformational acquisitions and operational excellence. The firm has built a leading franchise working with the owners of mid-sized businesses, almost always families or founders, as they address complex transition issues of liquidity, management enhancement, and growth planning. Based in Chicago, Frontenac has completed over 25 buyout transactions, and nearly 60 add-on acquisitions, since 2000 and more than 70 platform acquisitions in the last 30 years. For more information, please visit www.frontenac.com.

One South Wacker
Suite 2980
Chicago, IL 60606
Tel: 312.368.0044

We invest in high quality companies, primarily in the food, industrial and services industries. We work with business owners, almost always families, founders or entrepreneurs, as they address complex transition issues of liquidity, management enhancement and growth planning.

Copyright © 2019 Frontenac Company. All rights reserved.

Top 50