Latest news with #OpenGate
CBS News
6 days ago
- CBS News
Plum Borough School District using new security system
As students prepare to go back to school, the safety of students and staff is the number one priority of any district. To make sure everyone stays safe from threats, districts are using the latest technology. Plum Borough School District will be using a system similar to what you'd see at a professional sporting event. The OpenGate systems will go into Plum High School and their 7-8 building this school year. It allows people to flow through more quickly while detecting any problems. "If they don't have anything on them that would be recognized as a weapon, they are going to pass right through," said Plum assistant superintendent Dr. Ashley Boyers, who is the safety and security coordinator. There is an alarm that will go off and security will be alerted if anyone needs an additional screening beyond the device. The school district will alert police if warranted. "People have to feel safe and secure, whether they come to work or they come to learn. That's the most important piece," Boyers said. To start the year, the devices will go at the visitor entrance. They will also be used at bigger events like football games. Boyers said there's been no incident at his district, but there have been incidents at games in the Pittsburgh region over the years. The detectors cost about $19,000 and the district has four of them. "It's nothing that we have individually gone through, or as an organization gone through, just that it's the next step for us in our progression of safety and security," Boyers said. Plum studied the system for two years before deciding on it. They saw it in action at neighboring Franklin Regional to see how it works. Boyers says the detection system could be moved to student entrances or other buildings if needed during the school year. "We will expand that throughout the school year at some point in time or as events may dictate," Boyers said. Shaler will also be using this system this school year. It said it will have five for the upcoming school year, two at the middle school and three at the high school.
Business Wire
10-07-2025
- Business
- Business Wire
OpenGate Capital Completes Sale of Player One to GENDA
NEW YORK & PARIS--(BUSINESS WIRE)-- OpenGate Capital ('OpenGate') today announced the July 2nd closing of the sale of Player One Amusement Group ('Player One') to GENDA (TSE: 9166), a global entertainment network platform. Terms of the transaction were not disclosed. Player One is an amusement services provider based in Toronto, Ontario serving customers across Canada and the US. The business provides amusement gaming equipment and outsourced operations and maintenance support to customers seeking to drive superior location profitability and create a best-in-class consumer experience. In addition, the business sources, distributes and maintains amusement gaming equipment for commercial and retail venues across North America. Customers include theater chains, resorts, golf entertainment centers, trampoline parks and bowling centers. OpenGate acquired Player One from Cineplex, Canada's leading entertainment and media company through a corporate carve-out in 2024. Under the guidance of OpenGate's Operations Team, Player One growth initiatives included: Executing a complex carve-out within 18 months, including the stand-up of core support functions and implementation of ERP and HRIS systems Strengthening the leadership team with key finance hires and expanding the commercial organization in priority markets Introducing a value-based pricing strategy through offer redesigns and photobooth pricing optimization Rolling out cashless operations across Canada and the US to enhance revenue capture and pricing visibility John Kolliniatis, Player One's CEO, stated 'Thank you to the OpenGate team for their strong partnership and to all the team members at Player One Amusement Group for their significant contributions. Our close collaboration with OpenGate since 2024 established our company as a fully standalone platform and industry leader, and we are excited about the company's future with GENDA.' 'John and the rest of the team at Player One Amusement Group have been very collaborative partners, as we worked together to make our vision for the company as an industry leader a reality,' said Andrew Nikou, OpenGate's Founder and Managing Partner. 'Together, we were able to establish Player One as a high-performing, standalone company poised to continue leading the amusement solutions industry.' The exit of Player One marks OpenGate's fourth full realization in the past 18 months following the sales of Fiven (silicon carbide materials, August 2024), SMAC (French waterproofing and facades, April 2024) and Verdant Specialty Solutions (specialty chemicals, December 2023). In addition, OpenGate recently announced a binding agreement to sell Scioteq, with closing expected in Q4 2025. 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 About GENDA GENDA Inc. is a fast-growing Japanese entertainment company focused on creating a global network of amusement experiences. Its core businesses include operating GiGO-branded arcades, over 11,000 mini-locations (such as claw machines and vending setups), karaoke venues, and character merchandising, along with content and food services. The company has aggressively expanded through M&A, previously acquiring Sega Entertainment's arcade business, the U.S.-based National Entertainment Network, and Player One Amusement Group in North America. GENDA's strategy centers on integrating these acquisitions to boost efficiency through digital systems, centralized operations, and cross-border scale.
Yahoo
16-06-2025
- Business
- Yahoo
OpenGate Capital Enters into Binding Agreement to Sell ScioTeq to Tikehau Capital
NEW YORK & PARIS, June 16, 2025--(BUSINESS WIRE)--OpenGate Capital ("OpenGate"), a global private equity firm, announced today that it has entered into a binding agreement for 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: 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. OpenGate acquired ScioTeq from TransDigm Group Inc. (NYSE: TDG) in 2021 through a corporate carve-out. Under its ownership, ScioTeq has achieved growth and transformation, strengthening its market presence and operational capabilities to become a trusted partner in delivering innovative solutions. OpenGate will maintain a meaningful minority position and will continue to support the company's next phase of growth. The transaction is expected to close by Q4 2025. OpenGate was advised on the transaction by Lazard as financial advisor and McDermott Will & Emery as legal counsel. 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 About Tikehau Capital Tikehau Capital is a global alternative asset management group with €50.6 billion of assets under management (as of 31 March 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 View source version on Contacts OpenGate Media Contact: Profile AdvisorsEmail: Pro-opengate@ OpenGate Contact: Joshua AdamsPartnerEmail: jadams@ Telephone: +33 (0) 1 40 06 01 58 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
16-06-2025
- Business
- Business Wire
OpenGate Capital Enters into Binding Agreement to Sell ScioTeq to Tikehau Capital
NEW YORK & PARIS--(BUSINESS WIRE)-- OpenGate Capital ('OpenGate'), a global private equity firm, announced today that it has entered into a binding agreement for 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: 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. OpenGate acquired ScioTeq from TransDigm Group Inc. (NYSE: TDG) in 2021 through a corporate carve-out. Under its ownership, ScioTeq has achieved growth and transformation, strengthening its market presence and operational capabilities to become a trusted partner in delivering innovative solutions. OpenGate will maintain a meaningful minority position and will continue to support the company's next phase of growth. The transaction is expected to close by Q4 2025. OpenGate was advised on the transaction by Lazard as financial advisor and McDermott Will & Emery as legal counsel. 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 About Tikehau Capital Tikehau Capital is a global alternative asset management group with €50.6 billion of assets under management (as of 31 March 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
Yahoo
25-04-2025
- Yahoo
Fairfax County school community shares safety concerns after West Potomac High School stabbing
FALLS CHURCH, Va. () — Parents and students at a Fairfax County school board meeting Thursday said more needs to be done to keep schools safe after a teen was stabbed by another classmate at West Potomac High School in Belle Haven. Thursday was the first day , in place less than 24 hours after on Wednesday. Police: 2 officers shot during traffic stop in Fairfax County; suspect dead Fairfax County Public Schools (FCPS) parent Vanessa Hall said the news of the stabbing left her shaken up, and it compelled her to testify about school safety and the school system's budget on Thursday. 'I'm a parent who's actually had that call that something's happened to their child. I've had the worst call and had to suffer through that,' Hall said. 'It was dramatically horrible, terrible for all the parents standing outside.' Hall believes students are smart enough to circumvent those weapons detectors, and that a lot of the violence between students at school happens outside the building's walls. She and a student testified before the board Thursday in favor of finding new safety measures following the addition of new Open Gate weapons detectors at West Potomac and several other schools in Fairfax County. 'Students are panicking, afraid of being treated like a suspect for the crime of potentially being a victim of school violence. My peers and I don't believe the Open Gate system is capable of keeping our schools safe,' student Alexander Mather said. Fairfax County school board members call for increase in safety measures after stabbing at high school Pamela Revels is the president of the National Association of School Resource Officers. She said those systems can help, but they aren't a solution on their own. 'When you do add things like a weapons detection system, it is an enhanced feature, but you can't just rely on that alone to stop weapons,' Revels said. The board's student representative, Megan Sawant, said those detectors are an important step toward safety. 'This is the reality that we live in, and we always need to be prepared,' Sawant said. It's not clear how long the new weapons detectors are going to be in place at West Potomac High School. The program is still in its pilot phase. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
