NEW YORK & PARIS–(BUSINESS WIRE)–OpenGate Capital (“OpenGate”), a global private equity firm, completed the sale of ScioTeq, a global leader in ruggedized displaysNEW YORK & PARIS–(BUSINESS WIRE)–OpenGate Capital (“OpenGate”), a global private equity firm, completed the sale of ScioTeq, a global leader in ruggedized displays

OpenGate Capital Completes ScioTeq Sale to Tikehau Capital

3 min read

NEW YORK & PARIS–(BUSINESS WIRE)–OpenGate Capital (“OpenGate”), a global private equity firm, completed 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 (ISIN code: FR0013230612; Ticker: TKO.FP). OpenGate will maintain a meaningful minority position and will continue to support the company’s next phase of growth.

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, the company specializes in rugged, high-performance display systems and mission-critical electronics that support situational awareness in the most demanding environments. Utilized by governments and industry leaders worldwide, ScioTeq delivers technology that is engineered for precision, reliability and long-term support.

“This transaction marks a significant milestone for all parties, underscoring the strong market positions and ongoing development that ScioTeq anticipates,” stated Rob Gibbs, CEO of the ScioTeq Group. “Our collaboration with Tikehau Capital allows ScioTeq to access new markets and further expand its product portfolio by leveraging the industry knowledge and connections of Tikehau. With OpenGate remaining as a partner, the company will continue to benefit from valuable expertise and consistent support as it enters this continued phase of growth.”

OpenGate acquired ScioTeq from TransDigm Group Inc. (NYSE: TDG) in 2021 through a corporate carve-out. Under OpenGate’s ownership and with support from its Operations Team, ScioTeq executed a series of strategic growth initiatives, including:

  • Completed the carve-out and establishment of Treality as an independent operating entity
  • Enhanced ScioTeq’s leadership team with the addition of a CEO and Group Sales Director
  • Expanded the global sales organization to accelerate growth in new geographies
  • Advanced MicroLED and Mini LED display technologies for next-generation military applications

“Under our ownership, ScioTeq has undergone a meaningful transformation,” said Andrew Nikou, Founder and Managing Partner at OpenGate Capital. “Together with the company’s leadership, OpenGate strengthened ScioTeq’s capabilities, expanded its global reach and advanced key technologies. This transaction reflects that progress, and with Tikehau Capital’s sector expertise, ScioTeq is well positioned for continued growth. We are pleased to remain a partner in its next chapter.”

About OpenGate

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 learn more about OpenGate, please visit www.opengatecapital.com.

About Tikehau Capital

Tikehau Capital is a global alternative asset management group with €51.1 billion of assets under management (as of 30 September 2025). Tikehau Capital has developed a wide range of expertise across four asset classes (credit, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies. Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives. To learn more about Tikehau, please visit www.tikehaucapital.com.

Contacts

For More Information, Please Contact:

OpenGate Media Contact:


Profile Advisors
Email: Pro-opengate@profileadvisors.com

OpenGate Contact:


Joshua Adams
Partner

Email: jadams@opengatecapital.com

Market Opportunity
Toko Token Logo
Toko Token Price(TKO)
$0.0694
$0.0694$0.0694
-1.90%
USD
Toko Token (TKO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
Solana Treasury Firm Holdings Could Double as Forward Industries Unveils $4 Billion Raise

Solana Treasury Firm Holdings Could Double as Forward Industries Unveils $4 Billion Raise

The post Solana Treasury Firm Holdings Could Double as Forward Industries Unveils $4 Billion Raise appeared on BitcoinEthereumNews.com. In brief Forward Industries, the largest publicly traded Solana treasury company, filed to raise $4 billion through an at-the-market equity offering to expand its SOL holdings. The company’s stock (FORD) fell 8.2% following the announcement, while the proceeds could more than double the $3.1 billion currently held in Solana treasuries. DeFi Development Corp. also registered a preferred stock offering with the SEC, following similar funding tactics used by Bitcoin treasury companies like MicroStrategy. Forward Industries, the newest and largest publicly traded Solana treasury company, has filed to raise $4 billion through an at-the-market equity offering. For the sake of comparison, this $4 billion raise is nearly the same size as Bitcoin treasury Strategy’s Stride preferred stock raise in July. And it’s double the size of the Strife preferred stock offering the company did in May. The proceeds would be used for working capital; pursuit of its Solana token strategy, and “the purchase of income-generating assets to grow its business,” the company said in a press release. Forward Industries declined to comment to Decrypt on what other income-generating assets it’s considering adding to its balance sheet.  As markets opened Wednesday morning, Forward saw its stock price take a dive. The shares, which trade under the FORD ticker on the Nasdaq, dipped to $31.29 before rebounding to $34.28 at the time of writing—marking a 8.2% fall for the session. If the company sells all the shares and spends the bulk of the proceeds on buying Solana, it could more than double the amount of SOL being held in treasuries. At the time of writing, there’s already $3.1 billion in Solana treasuries, according to crypto price aggregator CoinGecko. Users on Myriad, a prediction market owned by Decrypt parent company DASTAN, have been growing more confident that SOL will reach $250 sooner than…
Share
BitcoinEthereumNews2025/09/18 12:43
Microsoft plans to invest $4 billion in building a second AI data center in Wisconsin

Microsoft plans to invest $4 billion in building a second AI data center in Wisconsin

Microsoft will invest $4 billion to build a second AI data center in Wisconsin, bringing its total investment in the region to over $7 billion.
Share
Cryptopolitan2025/09/19 03:05