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Opengate Capital Acquires Specialty Solvent And Chemical Distribution Business Chemisphere Corp.

Opengate Capital Acquires Specialty Solvent And Chemical Distribution Business Chemisphere Corp.

01/18/22, 1:02 PM
Industry
software
manufacturing
hardware
OpenGate Capital, a global private equity firm, announced today that it has acquired Chemisphere Corp. (“Chemisphere”), a specialty solvent blender and chemical distributor. Chemisphere was acquired from its founder, Mr. Bob Schwent, and is a highly complementary business to Chemsolv, Inc., acquired by OpenGate Capital earlier this month. Combined, the two businesses form a strong platform, poised for organic growth and future add-on acquisitions. Terms of the acquisition were not disclosed.

Company Info

Company
OpenGate Capital
Company info
OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation, and growth. Established in 2005, OpenGate Capital has executed 42 platform acquisitions across North America and Western Europe. It is currently relocating its headquarters to New York City, with a European office in Paris, France.