OpenGate Capital Acquires Chemisphere Corp.
January 18, 2022
OpenGate Capital, a Los Angeles-based private equity firm, has acquired Chemisphere Corp., a specialty solvent blender and chemical distributor headquartered in St. Louis, Missouri, from founder Bob Schwent. The deal complements OpenGate’s recent acquisition of Chemsolv and creates a larger chemical distribution platform spanning the Midwest to the Mid‑Atlantic, with plans for organic growth and future add-on acquisitions.
- Buyers
- OpenGate Capital
- Targets
- Chemisphere Corp.
- Sellers
- Bob Schwent
- Platforms
- Chemsolv, Inc.
- Industry
- Manufacturing
- Location
- Missouri, United States
- Transaction Type
- Addon
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