Ohio Transmission Corporation (OTC), a leading distributor of motion control and related products and services with 20+ branch locations, has acquired Advanced Industrial Products (AIP), a technical distributor of industrial automation products, robotics and MRO components. With four branch offices, AIP expands OTC’s presence in the southeast and with key customers.
About Frontenac Company
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