Genstar Capital Acquires Ohio Transmission Corporation from Irving Place Capital

OTC Industrial Technologies Acquires Global Energy Solutions

September 3, 2026

Industrial Services

OTC Industrial Technologies announced the acquisition of Global Energy Solutions (GES), a regional rotating equipment sales, service, and repair provider across the Central United States. The deal is intended to expand OTC’s rotating equipment service and repair capabilities and strengthen its presence in Oklahoma and Arkansas, adding motor, drive, and pump expertise and in-house repair capabilities.

Main Street Capital Majority Recapitalizes Orttech, Inc.

August 4, 2021

Industrial Services

Main Street Capital Corporation completed a new portfolio investment to facilitate the majority recapitalization of Orttech, Inc., providing a mix of first‑lien senior secured term debt and a direct equity investment. Main Street partnered with an unnamed co‑investor and Orttech’s existing owners and management; Orttech is a Solon, Ohio‑based value‑added distributor of clutches, brakes and torque control products serving metal forming, marine, winch and agriculture markets across North America.

Genstar Capital Acquires Sonny's Enterprises from Sentinel Capital Partners

August 6, 2020

Manufacturing

Genstar Capital has acquired Sonny's Enterprises, the global leader in conveyorized car wash equipment, chemicals, controls, service and parts, in a transaction that marks Sentinel Capital Partners' exit from the business. Genstar said it will partner with Sonny's management to grow the company organically and through strategic acquisitions; Owl Rock Capital provided committed debt financing for the deal.

Ohio Transmission Corporation Acquires Laron Inc.

January 21, 2020

Industrial Services

Ohio Transmission Corporation (OTC) has acquired Laron Inc., a mechanical and electric motor repair, machining and field services provider headquartered in Kingman, Arizona. The deal brings Laron's ~190 employees and large-scale shop capabilities into OTC's OTP Industrial Solutions platform, expanding OTC's repair and engineering services and Southwest footprint.

Genstar Capital Acquires Majority Stake in OEConnection from Providence Equity

August 1, 2019

Software

Genstar Capital has agreed to acquire a majority stake in OEConnection LLC (OEC) from funds advised by Providence Equity Partners, with Ford Motor Company and General Motors retaining minority stakes. Financial terms were not disclosed; the deal is expected to close in Q3 2019 and aims to support OEC's expansion of product offerings, geographic footprint and M&A activity.

Ohio Transmission Corporation Acquires Filter and Coating Technology, Inc.

February 11, 2019

Industrial Services

Ohio Transmission Corporation, through its OTP Industrial Solutions division, has acquired Filter and Coating Technology, Inc. (FACT), a Grand Rapids-based distributor of finishing, dispense and filtration products. FACT will operate as a division of OTP Industrial Solutions under current local management, adding approximately 21 employees and expanding Ohio Transmission Corporation's finishing and filtration capabilities across the Midwest.