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Announced

Completed

OpenGate Capital completed the acquisition of Chemisphere.

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

United States

chemicals

Private Equity

Chemicals: Diversified

Single Bidder

Friendly

Majority

Completed

Acquisition

Private

Synopsis

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OpenGate Capital, a private equity firm, completed the acquisition of Chemisphere, a specialty solvent blender and chemical distributor. Financial terms were not disclosed. “The acquisition of Chemisphere is an exciting second step in the building of a chemical distribution platform, and is a hallmark of our belief in seeking out ways to grow our businesses organically and through M&A," Andrew Nikou, OpenGate Capital Founder and CEO.

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