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OpenGate Capital is a global private investment firm specializing in the acquisition and operation of businesses seeking revitalization through growth and operational improvements. To date, OpenGate Capital has executed more than 30 transactions ranging from corporate divestitures to turnaround acquisitions, industry consolidations and other special situation investments.
For more information, please visit www. I find it to be despicable. Andrew McCarthy, 53, started working for Golden Guernsey when he was 19 years old. In 33 years with the year-old company, he saw it operate under three different owners, most recently OpenGate Capital. The private equity firm bought the dairy in September , after the Department of Justice required its previous owner, Dean Foods, to sell it because of antitrust concerns that Dean had too large a share of the school milk business.
On Jan. Employees who started work later arrived to find the facility locked. Three days later, the company filed for Chapter 7 bankruptcy — liquidation. In October , OpenGate Capital bought the laboratory workstations business of Thermo Fisher Scientific, a maker of laboratory furniture. The lab workstations unit, headquartered in Wisconsin, had facilities in Mexico, Texas and Arkansas. OpenGate sued Thermo Fisher for breach of contract, negligent and fraudulent misrepresentation, and other things.
In January of this year, Thermo Fisher initiated the eviction of Hamilton Scientific from its Texas facility, alleging that it had failed to pay rent on time three times. Also this year, four employees filed a lawsuit against Hamilton Scientific and OpenGate in Texas federal court, alleging they shuttered the plant without giving the legally required notice.
But in court papers, Hamilton denied any illegal conduct. Formerly PE-Backed. Primary Industry. Media and Information Services B2B. Other Industries. Printing Services B2B. Primary Office. What you see here scratches the surface Request a free trial.
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