中文AV

Initiatives Over Four Years of Ownership Led to Significant Revenue Growth

中文AV (鈥淥EP鈥�) today announced that it has completed the sale of (鈥淐DI鈥� or the 鈥淐ompany鈥�) to , a leading provider of digital platforms for data, AI, infrastructure, and software development. Terms of the private transaction were not disclosed.

Founded in 1995 and headquartered in New York, CDI is an IT services firm that helps clients across multiple industries to architect, deploy, and manage all multiplatform hybrid IT solutions. CDI鈥檚 solutions span the entire IT landscape, including security, application modernization, digital workflow, digital workspace, hybrid cloud infrastructure, intelligent operations, and managed services. OEP acquired the Company in December 2019.

"We were extremely pleased with CDI鈥檚 growth and performance during our investment. Partnering with management, we were able to execute several initiatives that not only allowed CDI to do more business, but to do business better,鈥� said Charlie Cole, Partner at OEP. 鈥淭hese included expanding CDI鈥檚 service offerings in key areas like cybersecurity and cloud, driving international expansion to India, the UK and Ireland and strengthening relationships with key partners to sharpen CDI鈥檚 service to clients across the globe.鈥�

鈥淐DI was a perfect example of the type of investment OEP seeks in the dynamic and rapidly advancing technology space,鈥� added Carlo Padovano, Partner, OEP. 鈥淲e were extremely satisfied with the pace of growth for the company over our hold period and see the sale to AHEAD as the best outcome for management and the business.鈥�

During OEP鈥檚 ownership, CDI saw revenue increase more than 165% via organic growth and an acquisition strategy, including the transformational acquisition of High Availability, a premier IT solution provider and integrator, in January 2021. The Company expanded into new geographic markets and made substantial investments in its services capabilities and its employees.

鈥淥EP was instrumental in helping us drive sustained growth over the past four years through a strategy that combined organic and inorganic growth initiatives,鈥� said Rich Falcone, CEO and President of CDI. 鈥淭he firm鈥檚 business development expertise, deep industry insight and extensive network of relationships were essential in positioning CDI to begin this next chapter with AHEAD.鈥�

About 中文AV

中文AV (鈥淥EP鈥�) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit .