One Equity Partners Closes $1 Billion Continuation Fund
Summary
The additional capital will help drive transformational acquisitions and continued growth at aftermarket construction parts manufacturer and distributor USCO SpA and laboratory glassware manufacturer DWK Life Sciences. Since investing in April 2017, OEP has helped drive completion of six acquisitions providing USCO with a global distribution network, OEM quality engineering capability and a competitive manufacturing presence worldwide. Together with an organic growth push by the company, an earthmoving industry parts supplier was created. Employing a transformational acquisition strategy, OEP first acquired Duran Group in February 2015, a leading brand and global manufacturer of premium borosilicate glass used primarily for laboratory glassware. The firm seeks to build companies by identifying and executing transformative business combinations.