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Transactions / C••••••• D••••• a•• I••••••••• L••

O•• E••••• P••••••• Completes Sale of C••••••• D••••• & I••••••••• to A••••

Exit to a strategic buyerclosedannounced Feb 1, 2024closed Feb 1, 2024Fact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
Sponsor
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
5 named
Buy side
  • A••••Strategic acquirerconfirmed
    O•• E••••• P••••••• (“OEP”) today announced that it has completed the sale of C••••••• D••••• a•• I••••••••• L•• (“CDI” or the “Company”) to A••••, a leading provider of digital platforms for data, AI, infrastructure, and software development.
  • C•••••• C•••Deal partnerconfirmed
    Partnering with management, we were able to execute several initiatives that not only allowed CDI to do more business, but to do business better,” said C•••••• C•••, Partner at OEP.
  • “CDI was a perfect example of the type of investment OEP seeks in the dynamic and rapidly advancing technology space,” added C•••• P•••••••, Partner, OEP.
Sell side
  • O•• E••••• P••••••• (“OEP”) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe.
Side not stated
  • O•• E••••• P••••••• (“OEP”) today announced that it has completed the sale of C••••••• D••••• a•• I••••••••• L•• (“CDI” or the “Company”) to A••••, a leading provider of digital platforms for data, AI, infrastructure, and software development.
Evidence
O•• E••••• P••••••• (“OEP”) today announced that it has completed the sale of C••••••• D••••• a•• I••••••••• L•• (“CDI” or the “Company”) to A••••, a leading provider of digital platforms for data, AI, infrastructure, and software development.