OpenGate Capital Completes Acquisition of Player One Amusement Group Inc.
OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has completed its previously announced acquisition of Player One Amusement Group (“P1AG” or “Player One”) from Cineplex, Canada’s leading entertainment and media company.
- OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has completed its previously announced acquisition of Player One Amusement Group (“P1AG” or “Player One”) from Cineplex, Canada’s leading entertainment and media company.
- OpenGate acquired all issued and outstanding common shares of P1AG for a total transaction value of CAD $155 million.
- “The acquisition of Player One underscores our experience and expertise with corporate carve-outs,” said Andrew Nikou, OpenGate Capital’s Founder and Managing Partner.
- In addition, the business sources, distributes, and maintains amusement gaming equipment for commercial and retail venues across North America.