OpenGate Capital Acquires ScioTeq and TREALITY from TransDigm Group
July 1, 2021
OpenGate Capital completed the acquisition of the ScioTeq and TREALITY Simulation Visual Systems businesses from TransDigm Group. The businesses develop ruggedized displays and simulation systems serving avionics, aerospace, air traffic control and defense end markets; combined headcount is approximately 450 employees and operations are primarily in Belgium and the United States.
- Buyers
- OpenGate Capital
- Targets
- ScioTeq, TREALITY Simulation Visual Systems
- Sellers
- TransDigm Group Incorporated
- Industry
- Aerospace & Defense
- Location
- Belgium
- Transaction Type
- Buyout
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