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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
- “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.”
- “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.”
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