Sargent and Greenleaf (S&G), a manufacturer of high-quality mechanical and electronic locks, announces that it has been acquired by OpenGate Capital, a global private equity firm. News of S&G and OpenGate Capital entering into an agreement to acquire was initially announced in January and financial terms were not disclosed.
“With the support from OpenGate Capital, we are working to develop and release advanced locking solutions for safes, vaults, ATMS and highly sensitive environments quicker to market while building even stronger customer relationships,” said Keith Deaton, COO at Sargent and Greenleaf.
