Andrew Nikou

OpenGate Capital Completes Sale of SMAC

Retrieved on: 
Thursday, April 25, 2024
Professional Services, Environment, Other Construction & Property, Sustainability, Finance, Construction & Property, Building Systems, Sale, CFJ, Safety, Andrew Nikou, Climate, M&A, Acquisition, SMAC, Trust, Growth, Colas Group, Management

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.

Key Points: 
  • 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.
  • SMAC was established in 1884 and has grown into a leader in the French waterproofing and facades market.
  • OpenGate acquired the business in 2019 from Colas Group, a subsidiary of Bouygues SA.
  • “SMAC is a great example of our highly collaborative origination, M&A, and operations strategy in action,” said Julien Lagrèze, Partner and Head of Europe at OpenGate.

OpenGate Capital Partners With Ownership Works

Retrieved on: 
Tuesday, April 9, 2024
Other Philanthropy, Human Resources, Finance, Asset Management, Consulting, Small Business, Professional Services, Philanthropy, Partnership, Culture, Organization, Investment, Andrew Nikou, Partner (business rank), Security (finance)

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.

Key Points: 
  • 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.
  • Founded in 2021, Ownership Works helps organizations implement broad-based employee ownership programs that can unlock new levels of success for businesses and create meaningful wealth-building opportunities for employees.
  • Armed with tools, practical models, and hands-on guidance, Ownership Works assists companies in structuring shared ownership programs to boost culture, enhance company performance, and improve employees' financial wellbeing.
  • OpenGate is proud to be part of Ownership Works' consortium of foundations, corporations, labor advocates, investors, pension funds, and other leading private equity organizations.

OpenGate Capital Enters into Exclusive Discussions to Sell SMAC

Retrieved on: 
Monday, March 4, 2024
Finance, Building Systems, Other Construction & Property, Professional Services, Construction & Property, Acquisition, Andrew Nikou, Colas Group, Membrane, SMAC, Sale

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.

Key Points: 
  • 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.
  • OpenGate acquired SMAC in 2019 through a corporate carve-out from Colas Group, a subsidiary of Bouygues SA.
  • SMAC was established in 1884 and has grown into a leader in the French waterproofing and facades market.
  • Following the acquisition by OpenGate, SMAC disposed of its manufacturing divisions (membranes, skylights, and resins) to focus on installation.

BluWave Recognizes OpenGate Capital with 2024 Top PE Innovator Award

Retrieved on: 
Wednesday, February 21, 2024
Professional Services, Data Management, Business, Technology, Small Business, Software, Consultant, Andrew Nikou, Investment, Partner (business rank), Security (finance)

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*.

Key Points: 
  • 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*.
  • “Thank you to BluWave, to the incredible teams at OpenGate and across our portfolio, and to our investors for their continued partnership.”
    “It is a distinct honor to receive BluWave’s Innovator Award for the second year in a row.
  • “The 2024 top private equity innovators are providing differential leadership in the world of business,” said Sean Mooney, founder and CEO of BluWave.
  • For further information on the BluWave 2024 Top Private Equity Innovator Awards, including the selection process, selection criteria and recipients, please visit bluwave.net/awards .

OpenGate Capital Completes Acquisition of Player One Amusement Group Inc.

Retrieved on: 
Friday, February 2, 2024
Professional Services, Entertainment, General Entertainment, Lodging, Finance, Travel, Electronic Games, Acquisition, CAD, Partner (business rank), Player One Amusement Group, Golf, Andrew Nikou, Player One

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.

Key Points: 
  • 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.
  • “The acquisition of Player One underscores our experience and expertise with corporate carve-outs,” said Andrew Nikou, OpenGate Capital’s Founder and Managing Partner.
  • In addition, the business sources, distributes, and maintains amusement gaming equipment for commercial and retail venues across North America.

OpenGate Capital Exits Investment in Verdant Specialty Solutions Through Sale to Samyang Specialty Solutions

Retrieved on: 
Monday, December 18, 2023
Environment, Finance, Chemicals, Plastics, Specialty, Professional Services, Sustainability, Manufacturing, Retail, Science, Other Science, Sale, Abang Openg, Safety, Partner (business rank), Andrew Nikou, Partnership, Growth, Development, Fine chemical, Verdant

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”).

Key Points: 
  • 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”).
  • The Company was established in May 2021, when OpenGate carved out the North American and European amphoteric surfactant business from Solvay and named it Verdant Specialty Solutions.
  • Under Mr. Foley’s leadership and in partnership with OpenGate, it completed several add-on acquisitions that expanded its technology portfolio and U.S. manufacturing footprint.
  • “John and the team at Verdant have been exceptional partners, as we worked together to make our vision for the Company a reality,” said Andrew Nikou, OpenGate Capital’s Founder and Managing Partner.

OpenGate Capital Signs Definitive Agreement to Acquire Player One Amusement Group Inc.

Retrieved on: 
Wednesday, November 22, 2023
Professional Services, Entertainment, Other Entertainment, General Entertainment, Finance, Asset Management, Electronic Games, Andrew Nikou, Abang Openg, Restaurant, Cineplex, CAD, Partner (business rank), Player One Amusement Group

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.

Key Points: 
  • 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.
  • Customers include theater chains, family entertainment centers, and other amusement operators including bowling centers, resorts, restaurants, and trampoline parks.
  • “Player One represents a dynamic investment and opportunity to enter the resilient and growing amusement solutions market,” said Andrew Nikou, OpenGate Capital’s Founder and Managing Partner.

Charger Investment Partners Expands Team with Key Hires in Investments and Operations

Retrieved on: 
Monday, September 11, 2023
Professional Services, Finance, Bain, Charger, Bain & Company, Growth, Levine, Audrey, Andrew Nikou, Investment, Virtus Investment Partners

Charger Investment Partners, a middle market private equity firm, is pleased to announce that it has made three new hires to further expand its team.

Key Points: 
  • Charger Investment Partners, a middle market private equity firm, is pleased to announce that it has made three new hires to further expand its team.
  • Parks will be responsible for sourcing, evaluating, and leading investments, as well as supporting the portfolio and contributing to the firm’s strategic direction.
  • Parks brings over 15 years of private equity and M&A experience and was most recently a Principal at Gallant Capital.
  • Prior to Gallant, she was a member of the investment team at Levine Leichtman Capital Partners for approximately 10 years and a member of Citi’s investment banking group.

CoreMedia Strengthens Digital Experience Capabilities with Acquisition of BySide and Smarkio

Retrieved on: 
Thursday, August 3, 2023
Technology, Professional Services, Software, Internet, Hardware, Data Analytics, Data Management, Retail, Artificial Intelligence, Online Retail, DXP, Andrew Nikou, TAP Air Portugal, Multimedia, B2C, Human voice, BNP Paribas, Acquisition, Content management, Head, Artificial intelligence, Entrepreneurship, Automation, Sales, CoreMedia CMS

CoreMedia, a global leader in Content Management and Digital Experience Platform (DXP) solutions, announces its acquisition of BySide, a pioneer in customer journey, engagement, and personalization technology and Smarkio, a reference in chatbot technology.

Key Points: 
  • CoreMedia, a global leader in Content Management and Digital Experience Platform (DXP) solutions, announces its acquisition of BySide, a pioneer in customer journey, engagement, and personalization technology and Smarkio, a reference in chatbot technology.
  • View the full release here: https://www.businesswire.com/news/home/20230802994727/en/
    CoreMedia announces acquisition of BySide and Smarkio, strengthening digital experience capabilities (Graphic: Business Wire)
    In today's fiercely competitive market, delivering exceptional customer experiences is vital.
  • "We are delighted to welcome BySide and Smarkio to the CoreMedia family," said Sören Stamer, Co-Founder and CEO of CoreMedia.
  • This acquisition reaffirms CoreMedia's commitment to providing innovative digital experience solutions and highlights its focus on product innovation and responsible AI implementation.

OpenGate Capital Portfolio Company CoreMedia Acquires BySide and Smarkio; Investment to Strengthen Digital Experience Capabilities

Retrieved on: 
Thursday, August 3, 2023
Digital Marketing, Communications, Technology, Software, Content Marketing, Electronic Commerce, Digital Cash Management, Digital Assets, Software as a service, DXP, Andrew Nikou, B2B, Partner (business rank), Content management, Investment, Typhoon Openg, Sales, CoreMedia CMS, B2C

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.

Key Points: 
  • 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.
  • The acquisitions of BySide and Smarkio reinforce CoreMedia’s position as a leading end-to-end solution for composing, managing, delivering, and optimizing digital experiences for customers.
  • Together, they help solidify CoreMedia's leadership in the DXP market, covering all aspects of the customer journey and experience.
  • The investments represent a next step towards the Company’s creation of a cohesive and immersive digital experience platform and highlights its focus on product innovation and personalization capabilities,” said Andrew Nikou, OpenGate Capital’s Founder and Managing Partner.