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Private Equity Firm to Buy Global Parts Distributors

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AUSTIN, Texas – Owner Resource Group, a private equity and financial services company, has acquired Global Parts Distributors (GPD) from its former parent, Fred Jones Enterprises.

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Owner Resource Group partnered with the company’s management on the deal, which closed Dec. 31, 2009. Jonathan Gormin, a partner at Owner Resource Group, commented, “We look forward to working closely with the management of GPD to capitalize on their success and support GPD’s continued growth.”

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