Ardenton Announces Equity Investment in OES Inc.

Ardenton Capital Corporation (“Ardenton”) is proud to announce its strategic partnership and equity investment in OES Inc. (“OES”).

Founded in 1980 and headquartered in London, Ontario, OES is a leading designer, manufacturer and marketer of proprietary control systems, electronic products, scoreboards and quality assurance devices.  OES sells these products and services through three distinct sales channels: (1) OES Scoreboards; (2) OES Electronic Manufacturing and Design Services; and (3) OES Technologies.

"We are excited to announce our partnership with Ardenton," said Linda Russell, CEO of OES "With the financial and operational resources they provide, we are confident that OES is well positioned for the next stage of its growth.  Ardenton's long term perspective on value creation is consistent with OES' objectives and we anticipate that this partnership will allow us to accelerate the growth of our business and expand our product and service offering."

OES’s core engineering capabilities in electrical, electronic, mechanical design, and software development, combined with its extensive application experience, have contributed to the successful commercialization of new products and technologies. OES has many long standing relationships with its customers as a result of its ability and reputation for providing innovative, high quality products to its three respective channels.

"We had the opportunity to spend a great deal of time with Linda, Carl, Kiet and Michael and have been impressed by their energy, passion, and long track record of innovation and growth”, said James Livingstone, CEO of Ardenton. “From our first meeting we could see that their core values were a strong fit with Ardenton’s and they remain committed to delivering on their objectives of fast, focused, flexible and finish.  We are delighted to start a long and prosperous partnership with OES and are fully committed to helping them capitalize on the many opportunities they have in their core markets".

Ardenton Capital Corporation

Ardenton is a global private equity corporation, focused on meaningful business partnerships and long-term growth. Investing alongside passionate owners and management teams, Ardenton acquires stakes in profitable, well-established, cash-flowing private businesses. Ardenton works to remove constraints for its business partners and provides operating and financial support with a long-term view on value creation. OES is the eighth investment in Ardenton’s Canadian portfolio. Ardenton has offices in Vancouver, Edmonton, Toronto, and Manchester, U.K.

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