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[December 31, 2020] Golden Gate Capital Announces Investment in Covia Golden Gate Capital, a leading private equity investment firm, today announced that it has invested in Covia, which successfully completed its financial restructuring and emerged from Chapter 11 today. Through its restructuring, Covia has reduced its long-term debt by approximately $750 million and its fixed costs, including railcar obligations, by an additional $300 million. Covia is a leading provider of mineral-based material solutions for the industrial and energy markets and is headquartered in Independence, Ohio. Covi...

CenterGate Capital Partners with Leading Outsourced IT Service Provider, Soroc Technology Share Article Investment Provides Capital and Expertise to Accelerate Growth “We are excited about our partnership with CenterGate and what it means for our employees, customers, and vendors,” commented Rudy Cheddie, Soroc Founder & CEO. WOODBRIDGE, Ontario (PRWEB) December 28, 2020 CenterGate Capital (“CenterGate”), an Austin-based private equity investment firm, announced today that its affiliate has made an investment in Soroc Te...

Esko announces planned sale of Kongsberg business Esko has announced the planned sale of its Kongsberg digital finishing business to OpenGate Capital, subject to any applicable information and/or consultation with employee representative bodies under applicable local law. The planned sale includes the original research and development facility in Kongsberg, Norway and the production facility in Brno, Czech Republic. Kongsberg was founded in Norway in 1965; Esko purchased it in 1998 OpenGate Captial is a private equity f...

Press release content from Business Wire. The AP news staff was not involved in its creation. OpenGate Capital Signs Agreement to Acquire Kongsberg Precision Cutting Systems from Esko-Graphics BV December 16, 2020 GMT LOS ANGELES--(BUSINESS WIRE)--Dec 16, 2020-- OpenGate Capital, a global private equity firm, announced today that it has signed an agreement to acquire Kongsberg Precision Cutting Systems (“Kongsberg”), a manufacturer of digital cutting systems, from Esko-Graphics, a global developer of integrated software and hardware solutions for the packaging, label, and wide format sect...

Esko Announces Planned Sale of Kongsberg Business to OpenGate Capital The planned sale includes the original research and development facility in Kongsberg, Norway and the production facility in Brno, Czech Republic. OpenGate Captial is a private equity firm headquartered in Los Angeles, California, with a European office. Login or register now to gain instant access to the rest of this premium content! Esko, a global developer of integrated software and hardware solutions for the packaging, label and wide format sectors, has announced the planned sale of its Kongsberg d...