OCI Announces Merger with GMS Piling

BROOKVILLE, Pa., Aug. 5, 2025 /PRNewswire/ -- OCI, LLC ("OCI"), a portfolio company of Gemspring Capital and a manufacturer of custom-built foundation drilling components for the infrastructure and construction markets, announced today that it has merged with GMS Piling Products, LLC ("GMS"), a trusted manufacturer of micropiles based in Wilkes-Barre, Pennsylvania. Terms of the transaction were not disclosed.

Founded in 2009, GMS is a full-service provider of steel micropile fabrication, manufacturing, and value-added supply solutions. The company serves a broad range of customers across the United States and is well-regarded for its commitment to quality, reliable delivery, and outstanding customer service.

This strategic partnership represents a key milestone for both organizations, creating an integrated platform with four U.S.-based manufacturing facilities, and enhanced coast-to-coast capabilities. GMS's deep expertise in micropiles, threaded bar, and related accessories complements OCI's core competencies, broadening its product portfolio and expanding its national footprint.

"Merging with GMS strengthens OCI's position as a premier turnkey foundation and drilling partner," said Tim Lautermilch, CEO of OCI. "This combination enables clients to source micropile systems, precision-machined components, and drilling consumables from a single trusted partner, supported by rapid order fulfillment and expert technical support."

Gene Swindell, founder of GMS, added, "Joining forces with OCI is a natural evolution for GMS. We are excited to combine our capabilities and further invest in the exceptional quality and service that have long defined our business to best serve our customers."

About OCI
OCI is a market leader in supplying a wide range of equipment to geotechnical service companies and drilling contractors including micropile casing, drill string, hammers and bits, augers, core barrels, swivels, and other customized products. Founded in 1998, the company is headquartered in Brookville, Pennsylvania. For more information, visit www.ocidivision.com.

About GMS Piling
GMS is a full-service supplier of steel deep-foundation products – including micropile casing, pipe piling, drill rods, hammers and bits, and custom fabrications – to geotechnical and deep-foundation contractors nationwide. Founded in 2009 and headquartered in Wilkes-Barre, Pennsylvania, the company operates a 225,000-square-foot manufacturing facility on a 30-acre campus. For more information, visit www.gmspiling.com.

About Gemspring Capital
Gemspring Capital, a Westport, Connecticut-based private equity firm with $3.8 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation and sustainable competitive advantages. Target companies have up to $2 billion in revenue and are in the business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Contact: Jay Reynolds ([email protected])

SOURCE Gemspring Capital