OEConnection (OEC) Acquires NuGenIT, Inc.

Francisco Partners to Acquire Majority Stake in OEConnection

November 11, 2025

Software

Francisco Partners agreed to acquire a majority stake in OEConnection (OEC) from Genstar Capital. Genstar, along with Ford and General Motors, will retain minority ownership positions, with financial terms not disclosed.

EY Acquires Nuvalence

April 30, 2024

IT Services

EY US has acquired Nuvalence, a Troy, New York-based IT consulting firm with more than 140 engineers, product managers, and architects across the US, Canada and Colombia. The acquisition expands EY's technology advisory, modernization, digital platforms and data/AI capabilities, building on Nuvalence's work including an AI-embedded fleet management platform for an automotive manufacturer.

ngena Acquires neutrino8 to Add AI-Driven Wireless Access to .connect Platform

August 3, 2022

Telecommunications

ngena has acquired neutrino8 to integrate AI-driven wireless LAN, Wi‑Fi and hotspot orchestration into its vendor-agnostic .connect SD‑WAN platform. The acquisition adds Wi‑Fi analytics and vendor-independent wireless access capabilities aimed at retail, hospitality and remote‑work customers, expanding ngena’s end‑to‑end managed connectivity offerings.

OEConnection Acquires Assured Performance to Broaden OEM Certification

November 3, 2021

Automotive

OEConnection (OEC) has acquired Assured Performance (Assured Performance Network), a California-based provider of OEM collision-repair certification, training and repair-documentation tools. Founder Scott Biggs confirmed the sale and will retire; the acquisition expands OEC’s OEM certification capabilities and complements its recent addition of VeriFacts Automotive as OEC continues to broaden its product mix under Genstar Capital’s ownership.

Electrical Components International (ECI) Acquires Omni Connection International

May 26, 2021

Manufacturing

Electrical Components International (ECI), a portfolio company of Cerberus Capital Management, acquired Omni Connection International, a wire-harness and connection-systems manufacturer serving tier-one automotive suppliers. The deal adds Omni’s engineering capabilities and global manufacturing footprint (approximately 1,300 employees across the U.S., China, and the Philippines) to ECI to support growth in automotive electronics and ADAS applications.

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.