• NuGen IT

OEC Acquires NuGen IT, Inc.

Updated: Oct 15

CLEVELAND, Ohio, July 13 – OEConnection (OEC), the leading automotive technology provider for original equipment manufacturers’ (OEM) distribution networks, announced today that it has acquired NuGen IT, Inc., a software company specializing in body shop and collision industry optimization tools.

Headquartered in Kansas City, NuGen IT is an award-winning software firm that provides information management tools for the automotive repair industry. The company provides integrated workflow applications for collision repairs, and data mining and reporting capabilities for the collision and insurance industries.

As the automotive industry’s leading provider of SaaS-based solutions for original equipment parts, OEC is known for its exceptional data management, ecommerce, pricing, supply chain, cataloging, service and business intelligence solutions, across North America, Europe and Asia Pacific. OEC is the only provider to offer solutions in each market segment, providing an unmatched suite of solutions that focus exclusively on OEMs, their dealer networks and repairers. NuGen IT will add collision repair industry expertise to augment OEC’s growing collision business.

“We very much look forward to this partnership and are pleased to welcome NuGen IT to the OEC family. NuGen IT brings high quality collision market solutions and repair expertise that will help expand our value to the collision industry”, remarked Ike Herman, OEC’s Chief Marketing Officer. “I am excited to work with Pete and the NuGen IT team to help better serve the collective needs of our OEM, dealer and collision industry customers.”

“I am extremely proud of all that the NuGen IT team has accomplished and couldn’t be more excited about this next step in our evolution,” added Pete Tagliapietra, Founder & President of NuGen IT. “OEC has a tremendous and successful track record of delivering solutions to body shops and automakers, and I look forward to what this partnership will mean for our collective customer base.”

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About OEC OEConnection (OEC) is the leading automotive technology provider for OEM distribution networks. We enable automakers and dealerships around the world to deliver parts and service information quickly and accurately into the hands of repairers. Our solutions cover the collision, fleet, mechanical and retail segments, as well as the dealers’ own service lanes, through a suite of parts cataloging, supply chain, pricing, ecommerce, service, data and business intelligence solutions. OEC serves 37 international auto brands, 30,000 dealers and more than 135,000 repair customers worldwide. OEC is headquartered in the greater Cleveland area at 4205 Highlander Parkway, Richfield, Ohio, USA, 44286. Additional information is available at www.oeconnection.com or by contacting Amy French at Amy.French@OEConnection.com.

About NuGen IT NuGen IT, Inc. is an award-winning Nevada firm that develops and markets information management software tools to the property and casualty insurance industry and its partners. The company is privately held and funded with private investment capital. With offices in Nevada, Kansas and California, NuGen IT currently provides integrated auto and homeowners' claims processing, workflow and business process compliance solutions in North America.

Contacts: Amy French 330.523.1855

Amy.French@OEConnection.com NuGenIT Nancy Casey Business Compliance and Trading Partner Administration

702-256-9736