OpenGate Capital Integrates AGIS Fire & Security into Portfolio

  OpenGate Capital Integrates AGIS Fire & Security into Portfolio

 European Security Solutions Provider Offers Tailored Services to Enterprises

Business Wire

LOS ANGELES -- January 28, 2014

OpenGate Capital, a global private buyout firm, announced today it has
integrated AGIS Fire & Security into its portfolio of wholly owned businesses
through an arrangement with Sebastien Kiekert Le Moult, one of the firm’s
partners and the current Chairman of AGIS Group. Terms of the integration were
not disclosed.

AGIS Fire & Security is an international provider of electronic security and
fire protection solutions, with approximately 210 people working in operations
in Poland, Greece, Finland and Hungary. The business, which has been in
existence for more than 40 years, develops state-of-the-art, tailor-made and
completely integrated services and solutions for fire and security systems for
world class businesses including Zara/Inditex, Nokia, Unilever, Audi, Sephora,
Thomson Reuters, Dell, Tesco, British American Tobacco, Procter & Gamble and
Google.Recently, AGIS was awarded assignments in Poland including new fire
and security systems for the University Hospital, high tech electrical
installations for a border crossing point, and a new, integrated fire and
security system for a district courthouse. Through a long standing
relationship with Tyco and Sensormatic, AGIS Fire & Security has an extended,
worldwide presence via their network.

In September of 2013, AGIS acquired a strategic and complementary business,
SSI S.A., which was listed on the Warsaw Stock Index. SSI S.A. was founded in
2004, in Wrocław, Poland. The company serves a wide range of electrical
installations, low voltage systems and fire protection solutions for
construction and industry markets, entertainment centers, office towers,
hospitals, and other businesses. The scope of the company’s services included
design, implementation, service and maintenance of offered systems. With the
majority of the SSI business and its employees having been integrated into
AGIS, the acquisition expands the entire suite of products and services
offered by AGIS, and will bring new markets and projects into the portfolio of
business.

Andrew Nikou, OpenGate Capital’s founder, Managing Partner and CEO, stated,
“The integration of AGIS Fire & Security into the OpenGate Capital portfolio
is an important development for our firm. Not only does AGIS Fire & Security
increase our firm’s pan-European presence, the integration also represents
Sebastien’s important role as one of our partners.” Sebastien Kiekert Le Moult
joined OpenGate Capital as Partner in 2012 and has since led several
transactions in the US and in Europe.

Commenting on the transaction, Sebastien stated, “I have had a long term
relationship with Andrew Nikou and other partners at OpenGate Capital for over
15 years, and I am proud to have come on board as Partner working alongside
the entire OpenGate team. AGIS Fire & Safety has been a terrific investment
since 2010, and by integrating it with the OpenGate Capital portfolio, it will
enable the business to continue to grow and benefit from the firm’s business
development and portfolio management team and resources.”

About OpenGate Capital

OpenGate Capital is a global private investment firm specializing in the
acquisition and operation of businesses seeking revitalization through growth
and operational improvements. Established in 2005, OpenGate Capital is
headquartered in Los Angeles, California, and maintains offices in Paris,
France, and São Paulo, Brazil. OpenGate’s seasoned professionals possess the
critical skills needed to acquire, transition, operate and build successful
businesses. To date, OpenGate Capital has executed more than 30 transactions
ranging from corporate divestitures to turnaround acquisitions, industry
consolidations and other special situation investments. The OpenGate portfolio
of wholly owned businesses generates nearly $3 billion in revenue and includes
businesses from a wide range of industries and geographic markets. For more
information, please visit www.opengatecapital.com.

Contact:

OpenGate Capital Business Development Contact:
Joshua Adams
Email: jadams@opengatecapital.com
Telephone: +1 (310) 432-7000
or
OpenGate Capital Media Contact:
Alanna Chaffin
Email: achaffin@opengatecapital.com
Telephone: +1 (310) 432-7060
 
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