OUR Portfolio

Identifying Untapped Potential

With a dedicated focus on the lower middle market, OpenGate Capital maintains a diverse global portfolio across known, key verticals.

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Alfatherm

Alfatherm is the fourth largest European PVC film manufacturer focused on the production and sale of rigid, semi-rigid and flexible PVC films.

Highlights

  • Employs approximately 320 people through its two facilities in Italy
  • Established more than 50 years ago, Alfatherm products are concentrated across five main business units including surface decorations, capsules and sleeves, packaging, technical products and stationery
  • Acquired from a private seller
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Investment Date

June 2016

Industry

Chemicals

Transaction Type

Private Seller

Investment Status

Realized, Fund I

Geography

Europe

Acquired from

Private seller

Aluminium France Extrusion

Aluminium France Extrusion is a highly specialized manufacturer of extruded aluminium profiles.

Highlights

  • Employs more than 350 across two sites in France
  • The business covers the entire spectrum of manufacturing aluminium profiles from extrusion to downstream operations, serving the building and construction, transportation, and industrial and infrastructure sectors
  • Acquired from Constellium
  • Exited in September of 2022 through a merger with Extol to form Aluminium Solutions Group
Visit website

Investment Date

June 2013

Industry

Industrials / Building Products

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Current

Geography

France

A Former Division of

Aluminium Solutions Group

The combination of Extol and Aluminium France Extrusion, under the name ASG, establishes France’s second and Europe’s sixth largest aluminium extruder with a clear sustainability roadmap.

Highlights

  • Extol is a specialty extruder and manufacturer of custom aluminium parts with facilities in Toledo, Spain and Nantes, France
  • AFE is an aluminium extruder serving the construction, transportation, and industrial sectors with facilities in Saint Florentin and Ham, France
  • Combined as ASG, the business will leverage commercial and operational synergies, increased capacity to capture market growth, and gain a stronger position in their respective markets to become a new European leader in aluminium extrusion capabilities

Investment Date

September 2022

Industry

Industrials

Transaction Type

Secondary

Investment Status

Current, Fund III

Geography

Europe

Annex Cloud

Annex Cloud is a leading provider of SaaS customer retention and loyalty management solutions to mid-market and enterprise customers worldwide.

Highlights

  • Founded in 2011, Annex Cloud provides a turnkey loyalty management platform that helps brands engage, retain, and grow customer relationships at scale
  • The company will continue to be led by its founder and CEO, Mr. Al Lalani
  • Annex Cloud manages millions of members and serves a global set of customers in a variety of industries, including retail, consumer packaged goods, healthcare, automotive and consumer services
Visit website

Investment Date

March 2022

Industry

Software

Transaction Type

Private Seller

Investment Status

Current, Fund III

Geography

USA

Acquired from

Private Seller

Aurotech

Aurotech is a provider of mission critical IT services and solutions to commercial and federal government customers.

Highlights

  • Founded in 2007
  • Headquarters in Silver Spring, Maryland
  • Provides a full suite of IT services to federal and civilian agencies, which include digital strategy and transformation, data science, cloud computing, application modernization, and cyber security
  • Aurotech was sold to a strategic acquirer on April 4th, 2022
Visit website

Investment Date

November 2020

Industry

Business Services

Transaction Type

Majority Interest

Investment Status

Realized, Fund II

Geography

USA

Acquired from

Private seller

Benvic

Benvic® is a leading PVC compounder that develops, produces and markets high quality, innovative PVC-based solutions.

Highlights

  • Benvic employs more than 200 people and has operations in France, Italy, and Spain
  • Benvic powders and compounds are utilized across a wide range of end-applications
  • Acquired from Solvay
  • Sold to Investindustrial December 2017
Visit website

Investment Date

June 2014

Industry

Chemical Products

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized

Geography

Europe

A Former Division of

Bois & Matériaux

Bois & Matériaux is one of the top three, business-to-business distributors of building materials in France and the second largest in Northern France.

Highlights

  • Bois & Matériaux has two established brands: Réseau Pro and Panofrance
  • Bois & Matériaux distributes building materials to more than 12,000 trade customers in the residential market, evenly split between new-build and renovation projects
  • Bois & Matériaux is an important intermediary between a large number of suppliers and a wide, diffused customer base by providing a large inventory of products across many conveniently located sites across Northern France
  • Bois & Matériaux is headquartered in Rennes, France, generates more than €600 million in revenue, operates from 138 sites, and has 2,200 employees
  • Acquired from Wolseley plc March 7, 2016
  • Realized on April 30th, 2021
Visit website

Investment Date

March 2016

Industry

Building Products

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized, Fund I

Geography

France

A Former Division of

CoreMedia AG

CoreMedia is a Web Content Management and Digital Experience Platform that offers a blend of real-time product information with multimedia marketing content to deliver personalized product messaging across a variety of digital channels. Its solutions are used by companies to increase their digital presence, manage digital asset libraries and enhance their eCommerce platform.

Highlights

  • Headquartered in Hamburg, Germany
  • Over 160 employees and has operations in the United States, United Kingdom, and Singapore
  • Customers include luxury goods, retail, media, manufacturing, telecom, public sector and other eCommerce businesses around the world
  • Acquired majority interest from Deutsche Telekom Capital Partners and a consortium of private investors
Visit website

Investment Date

November 2019

Industry

Software

Transaction Type

Private Seller

Investment Status

Current, Fund II

Geography

Europe

Acquired from

Private seller

Add-On Companies

Duraco

Duraco Specialty Materials is a North American leader in the design, production, and conversion of specialty tapes and labels, niche release liners, and coated/uncoated films in high-end applications.

Highlights

  • Headquartered in Forest Park, Illinois with locations in Lawrence, MA, Bolingbrook, IL, Troy, OH, Lancaster, OH, St. Paul, MN, and Owatonna, MN
  • Workforce of 400+ employees
  • Acquired from Essentra plc
Visit website

Investment Date

June 2019

Industry

Industrials

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Current, Fund II

Geography

USA

Acquired from

Add-On Companies

ENERGI Fenestration Solutions

ENERGI is a manufacturer of rigid and cellular vinyl window and patio door profiles, as well as other vinyl products used in a variety of applications.

Highlights

  • Employs more than 900 people through its operations in Canada and the United States
  • Founded over 40 years ago, ENERGI holds strong market positions in both Canada and the US
  • Acquired from Axiall Corporation
  • Realized on May 17th, 2021
Visit website

Investment Date

March 2016

Industry

Building Products

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized, Fund I

Geography

North America

A Former Division of

EverZinc

EverZinc is a global producer of specialty, zinc-based chemicals.

Highlights

  • Employs more than 550 people across its operations in Belgium, The Netherlands, Norway, China, and Malaysia
  • Products are used in a variety of applications including anti-corrosion paints, tires, pharmaceutical chemicals, ceramics, glass, sunscreen, and other products
  • Acquired from Umicore S.A.
  • The strategic add-on acquisition of G.H. Chemicals, located in Quebec, was completed in January 2019
  • G.H. Chemicals expands EverZinc’s global footprint across North America through GHC’s French Press zinc oxide, which is exported globally
  • Exited on June 1st, 2022 in a sale to a strategic acquirer
Visit website

Investment Date

November 2016

Industry

Specialty Zinc, Chemicals

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized, Fund I

Geography

Belgium

A Former Division of

Add-On Company

Fichet Security Solutions

Fichet is a leading provider of security solutions including: Electronic Security, Entrance Security, Cash Handling, Safe, Vaults, and Security Services.

Highlights

  • Ranked #1 in Security Doors & Partitions, and Safes & Vaults; #3 in Electronic Security and Cash Management in France
  • Consists of two production sites and 12 sales branches in France and a sales office in Luxembourg and Belgium
  • Approximately 930 full-time employees across 3 countries
  • Acquired from Gunnebo Ab
Visit website

Investment Date

December 2018

Industry

Industrials

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Current, Fund I

Geography

Europe

Acquired from

Fiven

Fiven (formally SIKA) is a global leader in silicon carbide (“SiC”), a material used throughout a variety of industrial applications.

Highlights

  • Employs nearly 400 employees across Europe and Latin America
  • Global manufacturing footprint among four global sites with 2 plants in Norway, 1 plant in Belgium, and 1 in Brazil
  • Sourced through OpenGate’s long-standing relationship with Saint Gobain and its advisor Lazard
Visit website

Investment Date

May 2019

Industry

Specialty Chemicals

Transaction Type

Corporate Carve-Out

Investment Status

Realized, Fund II

Geography

Europe

Acquired from

Fleurus Presse

Fleurus Presse is a provider of media content and high quality publications to millions of children aged 1-14.

Highlights

  • Fleurus Presse is a multi-title publisher of children’s and other special interest publications and is headquartered in Paris, France
  • In 2011 and 2012, OpenGate acquired two accretive publications and integrated them into Fleurus: “Arts Magazine,” and “Réponse à Tout!”
  • Acquired from Le Monde in 2009
  • Sold to Unique Heritage Media in May, 2015
Visit website

Investment Date

June 2009

Industry

Media

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

France

A Former Division of

Fusion Paperboard

Fusion Paperboard was a manufacturer of recycled paper products.

Highlights

  • Fusion Paperboard produced thin, rigid board of 100% recycled fibers used to make cartons or boxes for cereal, frozen food, and other consumer products
  • Acquired from Cascades in 2011
  • Sold July 2014

Investment Date

June 2011

Industry

Paper & Packaging

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized

Geography

USA

A Former Division of

Gabriel

Gabriel is an aftermarket and original equipment manufacturer of shock absorbers and struts.

Highlights

  • Gabriel has over 1,400 employees in the U.S., Canada and Mexico
  • Gabriel products are used in a variety of applications (commercial, industrial and recreational vehicle) under the Gabriel® (U.S. & Canada) and GRC® (Mexico) brand names
  • The company originated the world’s first automotive shock absorber, “The Snubber,” in 1907, and continues today to be a leader in the engineering, design, development and production of shock absorbers in North America
  • The company maintains engineering, manufacturing, warehouse, sales and management offices throughout North America including Troy, Michigan; Chickasha, Oklahoma; Brentwood, Tennessee; and Queretaro, Mexico
  • Acquired from Arvin Meritor
  • Sold to MAT Holdings, Inc., December, 2012
Visit website

Investment Date

June 2009

Industry

Automotive

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

USA

A Former Division of

Golden Guernsey

Golden Guernsey produces and distributes high quality milk and other dairy products.

Highlights

  • Golden Guernsey distributes dairy products to schools, grocery stores, convenience stores and major retailers throughout the Upper Midwest region of the United States
  • Acquired from Dean Foods
  • Sold January 2013
Visit website

Investment Date

September 2011

Industry

Food & Beverage

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

USA

A Former Division of

Hamilton Scientific

Hamilton Scientific designed, manufactured, and installed laboratory furniture, fume hoods and epoxy resin tops.

Highlights

  • Hamilton products were sold under three brand names; Hamilton, Advanced Laboratory Concepts (ALC) and Collegedale to customers in the academic, government, research, pharmaceutical and biotechnology markets
  • Acquired October 2012 from Thermo Fisher Scientific
  • Sold March 2015
Visit website

Investment Date

October 2012

Industry

Specialty Manufacturing

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

USA

A Former Division of

Hufcor

Hufcor is the most installed brand of operable partitions worldwide.

Highlights

  • Hufcor offers customers a global solution through dedicated manufacturing facilities in the United States, Australia, New Zealand, Germany, China and Malaysia
  • The company’s products have been installed in hotels, convention centers, schools, universities and places of worship throughout the world
  • Acquired September 2017 from the private owner
Visit website

Investment Date

September 2017

Industry

Building Products

Transaction Type

Private Seller

Investment Status

Current, Fund I

Geography

USA

Acquired from

Private Seller

InRule Technology, Inc.

InRule is a decision management platform that allows enterprises to automate decisions and business rules in applications, without the need of modifying code.

Highlights

  • Headquartered in Chicago, IL
  • Decision automation software primarily used in regulated and complex industries such as financial services, insurance, government and healthcare
  • Acquired majority interest from founders in August 2019
Visit website

Investment Date

August 2019

Industry

Software

Transaction Type

Private seller

Investment Status

Realized, Fund II

Geography

USA

Acquired from

Private seller

Add-On Company

Integrity Partners Group

Integrity Partners Group is a growing organization that is poised for the future in the US chemical distribution industry.

Highlights

  • IPG is a specialty chemical distribution platform bringing together the shared infrastructure and resources of a national chemical distributor with the service and flexibility of smaller, regional chemical distributors
  • The headquarters and main distribution facility is located in Roanoke, Virginia
  • IPG distributes a wide range of more than 1,000 chemical products sold to a variety of customers and end markets including solvents, plasticizers, coolants, lubricants, surfactants, diesel exhaust fluid, additives, and other products
Visit website

Investment Date

January 2022

Industry

Industrials

Investment Status

Current, Fund II

Geography

North America

Acquired from

Private seller

Add-On Company

Jøtul

Jøtul is a Norwegian limited company that manufactures cast iron stoves and fireplaces.

Highlights

  • Headquartered in Fredrikstad, Norway, and features a state-of-the-art manufacturing facility in Poland, the company has nearly 700 full-time employees
  • Products include freestanding wood, gas and cast-iron stoves under the brand names Jøtul, Scan, Atra, and Ild, which are sold in 45 countries across Europe, North America and Asia primarily through networks of exclusive and multi-brand specialty dealers
  • Jøtul was founded in 1853 and is one of the most well-known and respected brands globally in the home comfort heating industry
  • A strategic add-on acquisition of Ravelli (fka AICO), located in Italy, was completed in November 2018
  • Ravelli (fka AICO) expands Jøtul’s product offerings with pellet stoves, fireplaces, boilers, and cookers through two well-known brands: Ravelli and Elledi
Visit website

Investment Date

February 2018

Industry

Consumer

Transaction Type

Special Situation

Investment Status

Current, Fund I

Geography

Norway

A Former Division of

Add-On Company

Kem One

Kem One SAS is the second largest producer of PVC in Europe.

Highlights

  • Kem One is headquartered in Lyon, France and employs approximately 1,300 people across its production facilities in France and Spain, and sales offices in Germany and Italy
  • Kem One SAS offers chlorochemicals and vinyl solutions for application in various sectors including construction, agriculture and healthcare.
  • Acquired from Klesch Group
Visit website

Investment Date

February 2014

Industry

Chemicals

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

Global / HQ France

A Former Division of

Kongsberg Precision Cutting Systems

Kongsberg is a manufacturer of digital cutting systems, a global developer of integrated software and hardware solutions for the packaging, label, and wide format sectors.

Highlights

  • Kongsberg is a leading manufacturer of digital cutting systems targeting lower volume segments of the packaging and signage display markets. Kongsberg also provides maintenance services and consumables for its cutting systems globally
  • Kongsberg operates within the premium segment of the packaging / signage market and has a strong position within its peer group given the high quality, speed, and automation capabilities of the business. Kongsberg operates globally (ca. 45% of revenue in EMEA; 34% North America; 14% APAC and 7% Latin America) with an assembly facility in the Czech Republic, a research and development site in Kongsberg, Norway, and more than 400 employees
  • The Kongsberg customer base is diversified, comprising local printers / packagers to international blue-chip retailers
  • Acquired from Esko (a division of Danaher Corporation)

Investment Date

April 2021

Industry

Industrials

Transaction Type

Corporate Carve-Out

Investment Status

Current

Geography

Europe

Acquired from

Add-On Company

Kotkamills

Kotkamills manufactures high-quality specialty papers and wood-based products for the laminate, plywood, construction and magazine industries around the world.

Highlights

  • Kotkamills is headquartered in Kotka, Finland and employs more than 500 people
  • Kotkamills’ heritage dates back to 1872 and is recognized for its excellence in production, customer service, research, product development, and sustainability efforts
  • Recognized for products such as the Absorbex, Imprex and Solaris brands
  • Acquired from StoraEnso
  • Sold to MB Funds, March 2015
Visit website

Investment Date

July 2010

Industry

Paper & Packaging

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

Finland

A Former Division of

Mersive Technologies

Mersive transforms ordinary meeting spaces by enabling multiple users to share content collaboratively from laptops and mobile devices to in-room displays. Mersive delivers innovative software-based products that leverage commodity hardware and existing enterprise network infrastructure.

Highlights

  • Mersive is headquartered in Denver, Colorado and employs more than 120 people
  • Recognized for its meeting collaboration hardware / software solution under the branded name “Solstice”
  • Acquired December 2017 from VC Investors

Investment Date

December 2017

Industry

Software

Transaction Type

Private Seller

Investment Status

Current, Fund I

Geography

USA

Acquired from

Private Seller

Nakan

NAKAN is a global leader in PVC, TPE and TPO compounds for selected markets: Automotive Industry, Healthcare, Packaging, Consumer Goods, Building & Construction.

Highlights

  • NAKAN was one of three business lines within Ivy Group, including Omniplast and Alphacan
  • OpenGate identified NAKAN as a leader in PVC compounding with world leadership in automotive applications and a strong position in Medical, Building & Construction, and other applications
  • With over 620 employees across eight plants, a sales office, a research facility, and headquarter offices, NAKAN has earned the reputation of having a unique portfolio of technologies which allow the Company to access major customers all over the world and deliver bespoke products designed for customers’ specific needs
  • Sold to Westlake Chemical Corporation on January 2, 2019

Investment Date

July 2015

Industry

Industrials

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

Europe

Acquired from

Nicole Farhi

Nicole Farhi is a lifestyle brand of womenswear Products.

Highlights

  • Nicole Farhi was created in 1982 out of the collaboration of the designer herself and the French Connection Group, for which Miss Farhi was working as a designer in the 1970′s
  • Established as a luxury fashion brand with a loyal global following, Nicole Farhi products can be found at upscale stores around the world
  • Acquired from French Connection
  • Sold to Kelso Place Asset Management, January, 2012
Visit website

Investment Date

July 2010

Industry

Fashion Retail

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

UK

A Former Division of

NorPaper

NorPaper Avot-Vallée is a leading producer of white top testliner paper.

Highlights

  • NorPaper is headquartered in northern France, the business employs over 200 people
  • NorPaper is a leading producer of white top testliner paper that is sold to European packaging manufacturers
  • In 2015, OpenGate completed an accretive add-on acquisition of a complementary paper business from DS Smith and has integrated the business into NorPaper, expanding production to 200kT, and thereby making NorPaper the number one independent testliner paper producer in France and among the top five in Europe
  • Acquired from Cascades
  • June 21, 2018 NorPaper Group was sold to Gemayel & Chaoui Industriel Group
Visit website

Investment Date

February 2011

Industry

Paper & Packaging

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized

Geography

France

A Former Division of

Ommic

OMMIC is a specialist in the development and production of semiconductors.

Highlights

  • OMMIC is a specialist in the development, production and industrialization of materials, technologies and integrated circuits based on GaAs and InP
  • OMMIC’s Foundry Service and Standard products are used in fiber optic interfaces, microwave and millimeter wave applications in the fields of Telecommunications, Space and Defense and Epitaxial Wafer Supply
  • Acquired from Philips Group of Companies
  • Sold to Egalux SA Luxembourg July, 2008
Visit website

Investment Date

June 2007

Industry

Semiconductor

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized

Geography

France

A Former Division of

PennySaver USA

PennySaver was a weekly, local, print and digital advertising publication.

Highlights

  • PennySaver served both local and national advertisers targeting specific communities throughout Southern California
  • Acquired from Harte-Hanks
  • Sold May 2015
Visit website

Investment Date

September 2013

Industry

Media

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

USA

A Former Division of

Player One Amusement Group Inc.

Highlights

  • The business provides amusement gaming equipment and outsourced operations and maintenance support to customers seeking to drive superior location profitability and create a best-in-class consumer experience. In addition, the business sources, distributes, and maintains amusement gaming equipment for commercial and retail venues across North America.
  • P1AG serves approximately 2,400 customer locations and manages more than 20,000 equipment assets across North America.
  • Customers include theater chains, family entertainment centers, and other amusement operators including bowling centers, resorts, restaurants, and trampoline parks.
Visit website

Investment Date

February 2024

Industry

Business Services, Industrials

Transaction Type

Corporate Carve-Out

Investment Status

Current

Geography

North America

Acquired from

Power Partners

Power Partners manufactures overhead, round tank, and submersible distribution transformers and adsorption chillers to customers in the US, Mexico and in the Caribbean.

Highlights

  • Power Partners is headquartered in Athens, Georgia and employs 330 people
  • Founded in 1958, Power Partners has produced over 8.5 million transformers and is a highly regarded name in the transformer industry
  • Power Partners products are used in a variety of applications including power lines, factories, airbrake systems in railcars, carbon-neutral buildings, retail stores, businesses, and in the construction of steel framed buildings
  • Acquired from PPI Inc
  • Sold to Pioneer Transformers on November 22, 2019
Visit website

Investment Date

January 2016

Industry

Power Transformers

Transaction Type

Private

Investment Status

Realized, Fund I

Geography

USA

A Former Division of

Profialis

Profialis is a major supplier of extruded PVC window and door profiles to the building and construction industry in Europe.

Highlights

  • Profialis has more than 300 employees in its production facilities in Clerval, France and sales offices in Poland and Hungary
  • Profialis divides its activities in three groups: fenestration, shutter systems and other interior and exterior finishing products and services
  • Acquired from Tessenderlo Group
  • Sold to AlphaPro on November 17, 2020
Visit website

Investment Date

January 2013

Industry

Building Products

Transaction Type

Cross Border, Corporate Carve-Out

Investment Status

Realized

Geography

France

A Former Division of

Sargent and Greenleaf

Sargent and Greenleaf is a leading brand in the specialized high security lock industry. As a pioneer in the high security industry, S&G has invented several industry firsts, and has a leading innovation and digital platform that consistently brings new and improved products and features to the market.

Highlights

  • Winner of Security Magazine’s “Security Products 2018 New Product of the Year,” and “2017 New Product of the Year Award”
  • Founded in 1857, S&G has approximately 120 employees globally
  • Vast distribution footprint enables S&G to sell its products into more than 100 countries
Visit website

Investment Date

May 2019

Industry

Business Services, Industrials

Transaction Type

Corporate Carve-Out

Investment Status

Current, Fund II

Geography

USA

Acquired from

Add-On Company

ScioTeq

ScioTeq is a market leader and established name in visualization solutions for the Air Traffic Control, Avionics and Defense markets.

Highlights

  • Combined with TREALITY, the businesses have approximately 450 employees and operate primarily in Europe and the United States with a global customer base
  • TransDigm Group divested the businesses to realign their core business strategy
  • The acquisition of ScioTeq and TREALITY represents the eighth transaction for OpenGate in 2021, following the acquisitions of Verdant Specialty Solutions from Solvay, Kongsberg Precision Cutting Systems from Esko, the InRule Technology add-on acquisition of simMachines, and the realizations of Bois & Materiaux, ENERGI, and the AXTER and Skylights divisions from SMAC
Visit website

Investment Date

July 2021

Industry

Industrials

Transaction Type

Cross Border

Investment Status

Current, Fund II

Geography

North America and Europe

Acquired from

Add-On Company

SMAC

SMAC is a leading French provider of waterproofing and building envelope solutions. As a global player in the segment, SMAC has a dedicated service and maintenance business, SMAC Assistance Service, and Essemes Services, focused on fire safety maintenance.

Highlights

  • Employs over 3,400 employees with operations across France, Morocco, and South America
Visit website

Investment Date

May 2019

Industry

Building Products

Transaction Type

Corporate Carve-Out

Investment Status

Realized, Fund II

Geography

Europe

Acquired From

Sold To

STAR Solutions

STAR Solutions is a leading supplier of unique IP based wireless CDMA/GSM mobile solutions.

Highlights

  • STAR Solutions focuses on emerging markets, offering significant OpEx savings to mobile operators
  • STAR Solutions also specialize in custom applications for Cruise ships, Military, Emergency Response/Disaster Recovery, Enterprise, Wireless Local Loop and Rural Mobile applications
  • Acquired from UTStarcom
  • Sold to STAR Solutions Management June, 2009
Visit website

Investment Date

July 2008

Industry

Wireless Mobile

Transaction Type

Corporate Carve-Out, Cross-Border

Investment Status

Realized

Geography

Canada

A Former Division of

TREALITY

TREALITY® Simulation Visual Systems is a leading innovator and supplier of simulation visual display products

Highlights

  • Headquartered in Ohio, U.S.
  • Combined, the businesses have approximately 450 employees and operate in Europe and the United States with a global customer base
  • TransDigm Group divested the businesses to realign their core business strategy
  • The acquisition of ScioTeq and TREALITY represents the eighth transaction for OpenGate in 2021, following the acquisitions of Verdant Specialty Solutions from Solvay, Kongsberg Precision Cutting Systems from Esko, the InRule Technology add-on acquisition of simMachines, and the realizations of Bois & Materiaux, ENERGI, and the AXTER and Skylights divisions from SMAC
Visit website

Investment Date

July 2021

Industry

Industrials

Transaction Type

Cross Border

Investment Status

Current, Fund II

Geography

North America and Europe

Acquired from

TVGuide Magazine

TVGuide Magazine is one of the most popular weekly magazines in the United States.

Highlights

  • TVGuide Magazine is read by more than 20 million weekly readers and is the premier source for entertainment news, guidance, and information about America’s most popular leisure time activity
  • From behind-the-scenes looks at broadcast, cable, and syndicated shows and their stars and characters; to sneak peeks at television’s most intriguing plotlines, TVGuide Magazine has every corner of the television medium covered
  • Acquired from Rovi
  • Sold to NTVB Media October, 2015

 

Visit website

Investment Date

December 2008

Industry

Media

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

USA

A Former Division of

Verdant Specialty Solutions

Verdant is a global specialty chemical company that supports human well-being through the power of science and nature. With a growing portfolio of sustainable solutions, the company is a leading provider of amphoteric surfactants for the personal care, home, and hygiene, and industrial markets.

Highlights

  • The company has approximately 175 employees across three main production sites in University Park, Illinois USA, Halifax, UK, Genthin, Germany, and a tolling business in Turkey. Verdant’s new headquarters will be in Houston, Texas
  • In December of 2023, Verdant was acquired by Samyang Specialty Solutions, a subsidiary of Samyang Holdings
Visit website

Investment Date

April 2021

Industry

Chemicals

Transaction Type

Carve-Out from Public Seller

Investment Status

Realized, Fund II

Geography

North America and Europe

Acquired from

Add-On Company

Sold To

Zodiac

Zodiac Recreational is the world’s leader in the design, manufacturing and distribution of inflatable and Rigid Inflatable Boats.

Highlights

  • Zodiac Recreational has an extensive range of products and related boat accessories all sold under the Zodiac, Bombard and Avon brand names
  • Acquired 12/2012 from Zodiac Marine & Pool
  • Sold June 2015
Visit website

Investment Date

December 2012

Industry

Marine Products

Transaction Type

Corporate Carve-Out

Investment Status

Realized

Geography

France

A Former Division of

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