October 18, 2007

PARIS, FRANCE –October 18th, 2007 – International buyout firm OpenGate Capital (“OpenGate”) announced today that it has once again expanded its global reach by opening an office in 41 rue boissy d’anglas Paris, France 75008.

Recognized as the leader in cross-border buyout transactions, OpenGate has been active in Europe since 2005. “With the addition of a Paris office, we will have a stronger footprint in our European investment activity”, says OpenGate partner Julien Lagreze. “OpenGate has developed a strong presence in Europe over many years and we are excited by the opportunities that exist in this fast growing market,” says Andrew Nikou, the founding partner of OpenGate Capital. “Open Gate’s focus will continue to be on the acquisition opportunities both within Europe and elsewhere in the world.“

About OpenGate: Open Gate Capital is a private buyout firm focused on principal investing in high-growth/change-intensive businesses, as well as underperforming and turnaround situations. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. The principals of OpenGate Capital have a long and successful history of investing with management partners across a wide range of industries and transaction types, including leverage buyouts, corporate divestitures and spin-offs.