Business Wire

OpenGate Capital Completes Acquisition of Fichet Security Solutions

Del

OpenGate Capital, a global private equity firm, announced today that it has completed the acquisition of a non-core division of Gunnebo Group (GUNN: CPH), and renamed the business Fichet Security Solutions (“Fichet”). A provider of security products, services and solutions, Fichet has operations in France, Belgium and Luxembourg. Terms of the transaction were not disclosed.

Recognized as an integrated security solutions provider, Fichet has two production sites and 12 sales branches in France, and a sales office in Luxembourg and Belgium. Fichet offers products and services across five lines: electronic security, security doors and partitions, safes and vaults, cash management and entrance control. The acquisition includes “Fichet Bauche,” a well-established brand for high quality safes and vaults. Fichet is trusted by a variety of customers including banks, industrial and high-risk sites, retail outlets, public and commercial buildings, internal points of sales, mass transit system providers, and other enterprises.

Andrew Nikou, OpenGate Capital’s Founder and Chief Executive Officer stated, “We are proud to bring Fichet into the OpenGate portfolio today. We have a detailed strategy for driving renewed focus and performance into the business and are excited to work with the team at Fichet toward achieving real growth in the coming years.”

OpenGate Partner Sebastien Kiekert Le Moult, who led the transaction commented, “The investment in Fichet Security Solutions represents many of the hallmarks of a traditional OpenGate acquisition where we have successfully created new value. As an underperforming corporate carve-out with a well-established, customer based, solid management team, and a highly regarded brand, Fichet has the fundamentals to build upon and we’re excited to begin our work immediately.”

Fichet Security Solutions is the ninth platform acquisition in OpenGate Capital’s first, institutional fund following earlier acquisitions of Power Partners, Bois & Matériaux, Energi Fenestration Solutions, Alfatherm, EverZinc, Hufcor, Mersive Technologies and Jøtul.

About OpenGate Capital

OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation and growth. Established in 2005, OpenGate Capital is headquartered in Los Angeles, California with a European office in Paris, France. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build and scale successful businesses. To date, OpenGate Capital, through its legacy and fund investments, has executed more than 30 acquisitions including corporate carve-outs, management buy-outs, special situations and transactions with private sellers across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com.

Contact information

For more information, please contact:

OpenGate Media Contacts
Alanna Chaffin
Email: achaffin@opengatecapital.com
Telephone: +1 (310) 432-7000

Mike Sitrick
Sitrick & Company
Email: Mike_Sitrick@sitrick.com
Telephone: (310) 788-2850

OpenGate Business Development Contact
Joshua Adams
Email: jadams@opengatecapital.com
Telephone: +1 (310) 432-7000

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Sintavia Announces Joint Venture with Howco Group21.5.2019 15:00:00 CESTPressemelding

Sintavia, LLC, the leading Tier One metal additive manufacturer for the Aerospace & Defense industry, announced today that it had signed a term sheet to form a joint venture with Howco Group in support of the development of additive manufacturing within the Oil & Gas industry. The joint venture would be branded under the Howco Group name and be co-located at Howco’s North American headquarters in Houston, Texas. It is expected that the joint venture will commence operations later this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190521005062/en/ Brian Neff, Sintavia's Founder and CEO and David Preston, Executive Vice President at Howco Group, sign a term sheet to form a joint venture in support of the development of additive manufacturing within the Oil & Gas industry. (Photo: Business Wire) “Many of the proprietary additive manufacturing processes that Sintavia has developed for the Aerospace & Defense industry appl

ZOOM announces Elevēo WFM21.5.2019 14:56:00 CESTPressemelding

ZOOM International, the leader in driving customer experience through the emotion of the customer, today takes a major step in the Workforce Engagement Management market with the release of the Elevēo platform including the new Elevēo WFM. This announcement represents the culmination of two major milestone initiatives for ZOOM International, the release of a new Workforce Management product as well as their first native cloud platform “as a Service offering”. Unlike other companies that continue to expand via mergers and acquisitions, Elevēo was created by ZOOM to ensure an optimized workflow and ease of use. Our industry is fragmented, and we wanted to help customers expand from spreadsheets and multiple vendors to one. Forecasting and Scheduling Simplified Anyone who works in a contact center will agree that administratively, managing a workforce is difficult, time consuming, and counter intuitive by nature. Even when the “herding cats” element of agents self-scheduling is removed, t

Andersen Global Signs First Agreement in Bahrain21.5.2019 13:30:00 CESTPressemelding

Andersen Global today announced its first collaboration agreement in Bahrain with independent consulting firm Awael Al Bahrain Management Consultancy (Awael). Andersen Global is committed to building a strong and effective practice in the Middle East and the collaboration with Awael is the next step in this process. Abbas Radhi founded Awael in 2014 as an alternative to the Big Four consulting firms. Awael’s growing team of professionals serves a wide range of business clients including owner-managed businesses. Due to the quality of the Awael professional team, larger businesses are starting to approach Awael for the provision of services. The firm’s practice areas include accounting, tax, litigation support, corporate governance, independent directorship of listed and family owned companies, enterprise risk management, risk consulting, corporate finance, feasibility studies, family business support, management consulting, and corporate governance assessments. “Providing service of th

Kymeta Announces S. Douglas Hutcheson as Executive Chairman, Board of Directors, and Walter Z. Berger as President, CFO, and COO21.5.2019 13:00:00 CESTPressemelding

Kymeta—the communications company that is completing the connectivity fabric for everything, everywhere—announced that S. Douglas Hutcheson is joining the Kymeta Board of Directors and will be named Executive Chairman and Walter Z. Berger has been hired as President, Chief Financial Officer (CFO), and Chief Operating Officer (COO). Hutcheson serves as Senior Advisor of Technology, Media and Telecom for Searchlight Capital and on several boards, both public and private. Previously, as CEO of Leap Wireless for nearly a decade, he oversaw the company’s operations and managed its eventual sale to AT&T. He brings extensive telecommunications and technology experience, having held several senior leadership positions at Leap after serving as an executive with Qualcomm. “Kymeta is leading the industry in hybrid communication solutions, and I’m excited to come on board as Executive Chairman,” said Doug Hutcheson, Kymeta Executive Chairman. “The telecommunications industry has made major strides

ResMed Study Finds CPAP Adherence Improved by Remote Monitoring, Self-Monitoring across 3 Countries21.5.2019 13:00:00 CESTPressemelding

Remote monitoring and patient self-monitoring can drive CPAP adherence for people with sleep apnea, according to research presented by ResMed (NYSE: RMD) (ASX: RMD) at the American Thoracic Society’s 2019 ATS International Conference. Average adherence to PAP (positive airway pressure), the gold standard for treating sleep apnea, is approximately 50 percent when using legacy technology with no cloud connectivity or remote monitoring capabilities. According to the new study, researchers found significantly higher rates when they evaluated patients on 100% cloud-connectable devices that enable remote monitoring: more than 31,000 Brazilians, 17,000 Mexicans, and 4.1 million Americans. Percent of study participants achieving 90-day PAP adherence (all Remotely and remotely monitored) self-monitored United States 74% 85% Brazil 72% 83% Mexico 66% 81% “These results equate a strong endorsement for remote and self-monitoring technology,” said study coauthor and ResMed Chief Medical Officer Car

Indo-MIM and Desktop Metal Announce Strategic Partnership to Accelerate the Global Adoption of Metal 3D Printing21.5.2019 13:00:00 CESTPressemelding

Desktop Metal, the company committed to making metal 3D printing accessible to manufacturers and engineers, announced today a strategic partnership with Indo-MIM, the global leader and world’s largest supplier of Metal Injection Molding (MIM) precision-engineered products with over 100 million metal parts produced annually for leading global OEMs. Together, Desktop Metal and Indo-MIM will offer innovative solutions to enable companies around the world to design and produce metal additively manufactured parts at scale and shorten time to market. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190521005489/en/ Powered by Single Pass Jetting, the Production System is the world's first and only metal 3D printing system for mass production that delivers the speed, quality, and cost-per-part needed to compete with traditional manufacturing processes. (Photo: Business Wire) As one of the first companies to deploy the Desktop Metal P