CA-OPENGATE-CAPITAL
6.4.2021 08:02:09 CEST | Business Wire | Press release
OpenGate Capital , a global private equity firm, announced today the completed acquisition of Kongsberg Precision Cutting Systems (“Kongsberg”), from Esko. 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. Terms of the acquisition were not disclosed.
Established in 1965, Kongsberg is a recognized leader in providing high speed, clean, precision cutting for packaging, signage, and display purposes with operational facilities in Belgium, Czech Republic, and Norway.
OpenGate Capital’s Founder and Chief Executive Officer Andrew Nikou stated, “With the heightened focus on digitization in the industrial sector, Kongsberg is well positioned to develop new operational efficiencies and innovative solutions to drive organic growth. This is an exciting time in Kongsberg’s evolution, and we are looking forward to collaborating together in the years ahead.”
OpenGate intends to leverage the firm’s OGx® platform to accelerate Kongsberg’s growth. Launched in 2018, the firm’s proprietary OGx platform is an operational capability for fostering digital transformation. OGx combines continuous innovation with strategic partnerships to fulfill a vision of driving commercial excellence, operational growth and, ultimately investment performance. As industrial companies are rapidly adopting technology as a driver of growth, OpenGate is fast becoming a leader in the development of digital transformation applications for businesses within the lower-to-middle market.
The acquisition of Kongsberg highlights OpenGate Capital’s longstanding history of investing across the European region since 2007, as well as the firm’s continued focus on identifying global opportunities within the industrial sector. Kongsberg is the eighth platform investment and fifth corporate carve-out completed in OpenGate’s second fund.
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 buyouts, special situations, and transactions with private sellers across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20210405005011/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Hightouch Names Matthew Lubeck General Manager, EMEA7.10.2026 15:40:00 CEST | Press release
Marketing technology veteran will lead Hightouch’s growth across EMEA Hightouch, the leader in data and AI for marketing, has named Matthew Lubeck General Manager, EMEA. Based in London, Lubeck will lead all of Hightouch's go-to-market functions across EMEA as the company helps brands in the region move to agentic marketing. Hightouch already has a strong foundation in Europe, with offices in London and Paris, and native-speaking teams in France, the German-speaking markets, Italy, the Nordics, Benelux, and the Middle East. It supports EU data residency and runs inside each customer's own data warehouse, so customer data never has to be copied into another platform. Brands across the region use Hightouch, including Accor, HelloFresh, Currys, Telenor, Salomon, Bolt, Nando's, and Depop. The company is also growing its Middle East presence, with a new team in Dubai focused on the UAE and Saudi Arabia. Lubeck's appointment follows more than 100 percent growth for Hightouch in each of the p
Lenovo Announces Tech World @ CES 2027: Defining the Next Era of Hybrid AI7.10.2026 15:01:00 CEST | Press release
Lenovo Chairman and CEO Yuanqing Yang to unveil how Hybrid AI turns data into value for every individual and enterprise during CES Keynote at Sphere Lenovo, the global technology powerhouse, today announced that its annual global innovation event will return to CES® 2027 in Las Vegas. Hosted at Sphere and part of the CES Keynote lineup, Tech World will bring together a visionary lineup of speakers and breakthrough innovations with a first-of-its-kind immersive technology and music experience. As well as unveiling the latest in Lenovo’s innovations, Tech World will unite global technology leaders and leading voices on stage to discuss the future of AI. Together, they will explore how hybrid AI can empower people and unlock new possibilities for business and society. As demand grows for responsible AI leadership, the event will provide a defining moment at the start of 2027 to consider AI’s role in unlocking human potential, sustaining the planet, and driving global progress. “AI is ente
NTT DATA Opens AI Factory Munich Where Clients Can Validate their AI in a Live Environment7.10.2026 15:00:00 CEST | Press release
Helping clients move AI from pilots to production in a live, production-grade environmentEnabling organizations to test AI they own and control against their own use cases before making investment decisionsBringing together NTT DATA’s consulting, data, AI, infrastructure, security, operations and managed services expertise with leading technology partners including Dell Technologies and NVIDIA NTT DATA, a global leader in AI, digital business and technology services, today opened the NTT DATA AI Factory Munich, a real-world environment where clients can test how their AI applications will perform at scale before they invest in broad deployments. Unlike a traditional AI demonstration or innovation lab, the AI Factory Munich operates within a live data center environment (NTT Global Data Centers' Munich 2 Data Center), allowing clients to evaluate AI workloads against the infrastructure, security, data, governance and operational requirements they will face in production. AI deployments
Rivercell Launches With $25 Million to Build Data Platforms and AI Models That Predict How Human Cells Respond to Treatment7.10.2026 15:00:00 CEST | Press release
Founded by serial entrepreneur and CEO, Yann Fleureau, and former AI research leader at Novartis and Owkin Eric Durand, Rivercell aims to generate high-resolution data on how human cells respond to treatments at scale and train AI models to predict their effects, ultimately accelerating the discovery and development of cures. Seed round led by HV, with participation from HCVC, Alven, and Bpifrance Digital Venture, to scale Rivercell's proprietary data engine and automated wet lab, and ship the first AI world model of the cell trained on a new data substrate. Eric Durand joins as co-founder and Chief Science Officer (CSO). At Novartis, he successfully supported around 300 drug programs before building Owkin’s data science team as Chief Data Science Officer, giving him first-hand insight into the data that today's bio world models are missing. Leading researchers in AI for biomedicine, Dr. Charlotte Bunne (EPFL) and Prof. Fabian Theis (Helmholtz Munich), join the Scientific Advisory Boar
Print Infrastructure Is the Biggest Zero Trust Gap CIOs Haven’t Closed, Survey Finds7.10.2026 14:30:00 CEST | Press release
54% of CIOs and IT leaders call the risk in their document and print workflows “known and accepted,” even as only 16% have brought print into their Zero Trust architecture Vasion today released new research revealing a security gap hiding in plain sight across enterprise IT: CIOs and IT leaders know their print environments carry risk, but print remains largely outside their Zero Trust strategies even as failures continue to disrupt business operations. According to an independent survey of 500+ enterprise CIOs and senior IT leaders commissioned by Vasion through Censuswide, 54% of respondents describe their print environment as “actively managed, with known and accepted risks.” At the same time, 61% report that print or document workflow failures disrupt their business at least once a week. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261007677295/en/ Print Infrastructure Is the Biggest Zero Trust Gap CIOs Haven’t Closed,
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom