Articles from OpenGate Capital

OpenGate Capital (“OpenGate”) today announced the July 2nd closing of the sale of Player One Amusement Group (“Player One”) to GENDA (TSE: 9166), a global entertainment network platform. Terms of the transaction were not disclosed.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into a binding agreement for the sale of ScioTeq, a global leader in ruggedized displays for the aviation and defense industries, to the aerospace and defense fund of global alternative asset manager Tikehau Capital (ISIN code: FR0013230612; Ticker: TKO.FP).

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into a binding agreement for the sale of Player One Amusement Group (“Player One”), a best-in-class experiential entertainment for consumers, to GENDA (TSE: 9166).

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that its portfolio company Sargent and Greenleaf (“S&G”) has completed the sale of Premier Steel Doors and Frames (“Premier” or the “Company”), a US manufacturer of hollow metal doors and frames, metal building door systems, and aluminum windows, to ASSA ABLOY, the global leader in access solutions with leading positions in efficient door openings, trusted identities and entrance automation. Terms of the agreement were not disclosed.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has completed the sale of Fiven, a worldwide leading producer of Silicon Carbide (“SiC”) grains and powders, to Kymera International, a portfolio company of Palladium Equity Partners, LLC. Terms of the transaction were not disclosed.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into a binding agreement for the sale of Fiven, a worldwide leading producer of Silicon Carbide (“SiC”), to Kymera International, a portfolio company of Palladium Equity Partners, LLC. Terms of the agreement were not disclosed.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has completed the sale of SMAC, a provider of waterproofing and building envelope systems, to Compagnie Financière Jousset (“CFJ”) and the SMAC management team. Terms of the transaction were not disclosed.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has partnered with Ownership Works, a nonprofit organization that works with companies and investors to provide all employees with the opportunity to build wealth at work. The partnership reflects OpenGate’s commitment to working with organizations that are increasing economic opportunity for all while implementing dedicated financial wellness programming.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into exclusive discussions for the sale of SMAC, a supplier of waterproofing and building envelop systems, to Compagnie Financière Jousset and the SMAC management team. Terms of the agreement were not disclosed.

BluWave, the Business Builders’ Network that connects the private equity industry with best-in-class talent, industry consultants and service providers, today announced OpenGate Capital as a 2024 Top PE Innovator Award winner*.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has completed its previously announced acquisition of Player One Amusement Group (“P1AG” or “Player One”) from Cineplex, Canada’s leading entertainment and media company. OpenGate acquired all issued and outstanding common shares of P1AG for a total transaction value of CAD $155 million.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has exited its investment in Verdant Specialty Solutions (the “Company”), a chemical manufacturer of surfactants focused on the production of specialty amphoterics and ethoxylates, through a sale to Samyang Specialty Solutions, a subsidiary of Samyang Holdings (“Samyang”). Financial terms were not disclosed.

OpenGate Capital, a global private equity firm, announced today that it has signed a definitive agreement with Cineplex, Canada’s leading entertainment and media company, to acquire their Player One Amusement Group (“P1AG” or “Player One”) division. OpenGate will acquire all issued and outstanding common shares of P1AG for a total transaction value of CAD $155 million, subject to certain closing adjustments. Closing is expected to occur in early 2024 subject to customary closing conditions.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that its portfolio company, CoreMedia (the “Company”), a global leader in Digital Experience Platform (DXP) and Content Management software solutions, has acquired two companies: BySide, a provider of SaaS customer journey, engagement, and personalization solutions, and Smarkio, a provider of SaaS chatbot solutions to B2C brands. Financial terms of the acquisitions were not disclosed.

OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has been named a 2023 Top Private Equity Innovator by BluWave, the business builders’ network for private equity grade due diligence and value creation needs. The award recognizes select private equity firms for exemplary innovation and leadership, and recipients of the award represent the top 2% in the private equity industry for due diligence, value creation, ESG, and private equity firm operations*.

OpenGate Capital, a global private equity firm, announced today that Mr. Edouard Guinotte has been appointed to Aluminium Solutions Group, “ASG” as President and Chief Executive Officer.

OpenGate Capital, a global private equity firm, today announced that it has exited its investment in InRule Technology® (“InRule”), a market-leading intelligence automation platform, through a sale to Pamlico Capital. Financial terms were not disclosed.

OpenGate Capital, a global private equity firm, announced today that it is forming Aluminium Solutions Group SAS (“ASG”), through the combination of Extol, which OpenGate acquired on September 30th, 2022, and Aluminium France Extrusion (“AFE”), which has been owned by OpenGate since June of 2013. The combination of Extol and AFE, under the name ASG, establishes France’s second and Europe’s sixth largest aluminum extruder with a clear sustainability roadmap. Terms of the transaction were not disclosed.

OpenGate Capital, a global private equity firm, announced today it has entered into exclusive negotiations with the Spanish firm MCH and Fernando Busto, founder and CEO of Extol, to acquire Extol. The acquisition of Extol is related to the formation of a European group focused on the aluminium extrusion market including another company, Aluminium France Extrusion. Together, the business will be named Aluminium Solutions Group (“ASG”). The acquisition is expected to close later this year and financial terms were not disclosed.

OpenGate Capital, a global private equity firm, announced that its portfolio company, Sargent and Greenleaf (“S&G”), has appointed Mr. Christopher Casazza as CEO and Ms. Raji Shrie as CFO while also promoting Ms. Jennifer Cutting from CFO to COO. All three tenured executives bring deep industry expertise and a proven track record in growing and optimizing businesses.

OpenGate Capital, a global private equity firm, announced that it has exited its investment in EverZinc, a global provider of specialty zinc materials, through a sale to U.S. Zinc, a portfolio company of Aterian Investment Partners. Terms of the investment were not disclosed.

OpenGate Capital, a global private equity firm, announced today that it has acquired Chemisphere Corp. (“Chemisphere”), a specialty solvent blender and chemical distributor. Chemisphere was acquired from its founder, Mr. Bob Schwent, and is a highly complementary business to Chemsolv, Inc., acquired by OpenGate Capital earlier this month. Combined, the two businesses form a strong platform, poised for organic growth and future add-on acquisitions. Terms of the acquisition were not disclosed.

OpenGate Capital, a global private equity firm, announced today that it has acquired Chemsolv Inc. (“Chemsolv”), a leading regional distributor of commodity and specialty chemicals and value-added service provider. The business was acquired from the Austin family, who continue to retain an ownership stake and role in the company. Terms of the acquisition were not disclosed.

OpenGate Capital, a global private equity firm, announced today that its portfolio company, SMAC, a leading French provider of waterproofing and building envelope solutions, has completed the full exit of its manufacturing division, Industrie, with the sale of its Resins business unit to MAPEI, an Italian leader in the production of adhesives and chemical products for the building industry. The Resins business unit includes resin manufacturer, Resipoly and Services, and installation specialist, Eurosyntec. Terms of the agreement were not disclosed.

OpenGate Capital portfolio company, Duraco Specialty Tapes (“Duraco” or “Company”), a leading provider of pressure-sensitive tapes, labels, coated films, and release liners, announced today that it has acquired Rayven, Inc. (“Rayven”), a developer and manufacturer of coated functional films, specialty tapes, and niche release liners, from private sellers. Terms of the transaction were not disclosed.

OpenGate Capital portfolio company, Duraco Specialty Tapes (“Duraco” or “Company”), a leading manufacturer of pressure-sensitive tapes and specialty materials, announced today that it has acquired 3 Sigma, a custom solution provider of pressure-sensitive products and specialty coatings from Brixey & Meyer Capital. Terms of the transaction were not disclosed.

OpenGate Capital, a global private equity firm, announced today that its portfolio company, Kongsberg Precision Cutting Systems (“Kongsberg PCS”) has acquired MultiCam, a U.S. manufacturer and distributor of Computer Numerical Code (“CNC”) cutting machines, and a leader in digital finishing processes. MultiCam was acquired from Rosewood Private Investments. Terms of the acquisition were not disclosed.

OpenGate Capital, a global private equity firm, announced today that it has completed the acquisition of the ScioTeq and TREALITY Simulation Visual Systems (“TREALITY”) businesses from TransDigm Group Incorporated (NYSE: TDG). Terms of the acquisition were not disclosed.

InRule Technology, Inc. (“InRule”), a market-leading digital decisioning software platform, and portfolio company of OpenGate Capital, announced today that it has acquired simMachines, a leader in explainable AI and ML technology. Financial terms of the transaction were not disclosed.

OpenGate Capital, a global private equity firm, announced today that it has completed the sale of Energi Fenestration Solutions (“Energi”). Terms of the transaction were not disclosed.

Duraco Specialty Tapes (“Duraco”) announced today, in a joint statement with OpenGate Capital, that it has appointed Mr. Ed Byczynski as Chief Executive Officer.

OpenGate Capital, a global private equity firm, announced today that it has completed the acquisition of the North American and European amphoteric surfactant business from Solvay (Euronext: SOLB). As part of this transaction, the business has been renamed Verdant Specialty Solutions (“Verdant”), representing a new chapter of innovation and growth for the company. Terms of the acquisition were not disclosed.

OpenGate Capital, a global private equity firm, announced today the close of its sale of Bois & Matériaux (“B&M”) to Chausson Matériaux, a major building materials distribution company. The agreement was initially signed in January 2021 and terms were not disclosed.

OpenGate Capital, a global private equity firm, announced today that its portfolio company, SMAC, a leading French provider of waterproofing and building envelope solutions, has completed the sale of its skylights-related division to Kingspan Light + Air, a division of Kingspan Group Plc (ISEQ: KRX and LSE: KGP). The sale of the skylights division includes two business lines; Skydôme, a subsidiary focused on the production of daylighting, ventilation, smoke evacuation, and roofing access systems; and Essemes Services, a division within Skydôme specializing in the installation of skylights and the maintenance of fire safety equipment. OpenGate acquired SMAC from Colas Group in May of 2019. Terms of the agreement were not disclosed.