McDermott Will & Schulte represented OpenGate on the sale of ScioTeq, a global leader in ruggedized displays for the aviation and defense industries, to the aerospace and defense fund of global alternative asset manager Tikehau Capital. OpenGate will maintain a meaningful minority position and will continue to support the company’s next phase of growth.

McDermott’s cross-border team was led by partner Aymen Mahmoud and included partners Graham White and Sabine Nauges (Paris), counsels Zoe Woodhouse, Giulia Venanzoni, Raymond Paretzky (Washington DC), associates Emmy Clode, Raees Khan and trainee solicitor Sofia Vargas-Velasco. Partner Stephane Dionnet (Brussels) and counsel Max Küttner (Düsseldorf) also advised.

ScioTeq has a 40-year heritage of designing and manufacturing advanced visualization and computing solutions for the aviation, defense and air traffic control markets. With sales, engineering and manufacturing locations across the world

OpenGate is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation and growth. Headquartered in both New York and Paris, OpenGate has been building and transforming businesses since 2005. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build and scale successful businesses. To date, OpenGate has executed more than 40 platform acquisitions across North America and Europe.

To read OpenGate’s press release, please click here.

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