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New Deal


Announced

Completed

OpenGate Capital completed the acquisition of Chemsolv.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Specialty Chemicals

Private

specialty chemicals distribution

Completed

United States

Acquisition

Single Bidder

Friendly

Private Equity

Majority

Synopsis

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OpenGate Capital, a global private equity firm, completed the acquisition of Chemsolv, a regional distributor of commodity and specialty chemicals and value-added service provider. Financial terms were not disclosed. "Glenn and Jamie Austin have built a successful business with well-established supplier partnerships, and broad range of capabilities. We’re excited to work together and build on this success," Andrew Nikou, OpenGate Capital Founder and CEO.

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