Page 31 - Gate Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Esko, a global developer of integrated software and hardware for the packaging and label sectors, has successfully closed the sale of its Kongsberg digital finishing business to OpenGate Capital. OpenGate Capital is a private equity firm headquartered in Los Angeles, California, with a European office in Paris and investments on five continents. The new business, Kongsberg Precision Cutting Systems, now employs approximately 400 former Esko employees operating from the business’ original research and development facility in Kongsberg, Norway, the production facility in Brno, Czech Republic,...

Marana’s Gladden Farms community is about to get a little cozier after Meritage Homes recently announced they’re opening a new development aimed at first-time homebuyers in May.  Located near Interstate 10, Brookstone at Gladden Farms is Meritage Homes’s newest development in the Marana area. The community is expected to have 81 new homes in five different floor plans, including both single-story and two-story, energy-efficient home designs. Floor plans range up to 2,920 square feet and start around the low $300s.  Meritage Homes has designed an entry-level line of homes ...

BayPine has submitted the highest bid in the auction for the U.S. car service chain operator

Mosaic Launches Bermuda-Based Specialty Insurer, Along with Lloyd’s Syndicate 1609 February 4, 2021 Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a newly formed Lloyd’s syndicate. Operating with initial capitalization of $185 million, Mosaic is founded by insurance industry veteran Mitch Blaser, who serves as the company’s CEO. With 40 years experience in the insurance industry, Blaser was a founder of Ironshore in Bermuda and had executive roles with Swiss Re and M...

Posted on 7464 OpenGate Capital, a global private equity firm, today announced the signing of an exclusive agreement to sell Bois & Matériaux (“B&M”), a French building products distributor, to Chausson Matériaux, a major building materials distribution company. Terms of the agreement were not disclosed, and the final sale is subject to closing conditions and works council consultation. OpenGate Capital acquired B&M in March of 2016 from Wolseley Plc, representing the firm’s second investment within Fund I. Bois & Matériau...