Kingspan Group, a building materials company, completed the acquisition of Skydôme, a company focused on the production of daylighting, ventilation, smoke evacuation, and roofing access systems, from OpenGate-backed SMAC, a French provider of waterproofing and building envelope solutions. Financial terms were not disclosed. "The sale of AXTER and the skylights division, marks the fulfillment of an important aspect our original investment thesis for SMAC. Having completed both sales processes in less than two years after acquiring the business, we are enthusiastic about potential add-on investments and many new opportunities ahead for SMAC," Andrew Nikou, OpenGate Capital Founder and CEO.