OpenGate Capital completed the acquisition of Sargent & Greenleaf from Assa Abloy.

Synopsis

OpenGate Capital, a private equity firm, completed the acquisition of Sargent & Greenleaf, a company that manufactures combination locks, from Assa Abloy, a firm that develops, designs, and manufactures a complete range of door opening solutions. Financial terms were not disclosed.

Principals

target

Sargent & Greenleaf

bidder

Opengate Capital

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Market Context