02:58 PM EDT, 08/04/2025 (MT Newswires) -- General Motors ( GM ) and Ford Motor ( F )-backed (F) OEConnection is being considered for a potential sale valued at up to $5 billion, including debt, by private equity firm Genstar Capital, Reuters reported Monday, citing people familiar with the matter.

Genstar is working with investment bankers at Evercore to advise on the sale process, which is expected to launch later in the year, according to the report, citing the sources.

Genstar declined to comment when contacted by MT Newswires, while Evercore did not immediately reply to a request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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