Frontenac recapitalizes OTC
July 25, 2013
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.
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