OpenGate Capital seeks to acquire non-core divisions and subsidiaries from leading global enterprises. We start with a proactive business development approach to establish relationships with corporate leaders and merger and acquisition professionals. We stress the importance of maintaining strong relationships so potential sellers fully understand OpenGate’s strategy and the value that OpenGate brings to a divestiture process.
Once an organization determines it has one or more businesses no longer strategic to them, OpenGate works in a confidential and expedient manner to realize the seller’s objectives with these business units. This includes understanding timetables, financing structures, transition requirements and customer and employee morale issues. In addition, we work situations in which a business may be completely autonomous or highly integrated within a parent company and create solutions that match the seller’s needs.
No matter what form the divestiture comes in, OpenGate seeks to add value through partnering with management, utilizing transitional services, and consummating a transaction that is beneficial to the buying and selling parties.
While we are opportunistic in the types of divestitures and special situations we pursue, below is a summary of acquisition criteria to use when deciding if OpenGate Capital is an appropriate buyer for a potential divestiture or special situation opportunity:
- $25 million to $1 billion in revenue
- EBITDA positive, negative or break even
- Broad geographical focus - North America, Europe, South America
- Industry agnostic (Generalists)
- Complex and challenging opportunities/situations
In short, if we think we can add value to an acquisition opportunity, then we’re interested.
To learn more about our acquisition criteria contact us.