OpenGate named among top 2% of North America’s most innovative private equity firms

BluWave, the Business Builders’ Network that connects the private equity industry with best-in-class talent, industry consultants and service providers, today announced OpenGate Capital as a 2024 Top PE Innovator Award winner*.

BluWave’s third annual Top Private Equity Innovator Awards recognize the top 2% of private equity firms that differentially embrace proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship practices.

“We are honored to be recognized for the second consecutive year for our commitment to fostering innovation, driving value, and unlocking potential at each of our portfolio companies,” said Andrew Nikou, Founder and Managing Partner at OpenGate. “Thank you to BluWave, to the incredible teams at OpenGate and across our portfolio, and to our investors for their continued partnership.”

“It is a distinct honor to receive BluWave’s Innovator Award for the second year in a row. OpenGate is continuously evolving and innovation is a key aspect of how we unlock potential within each of our investments,” said Andrew Nikou, Founder and Managing Partner at OpenGate. “I am grateful for our team’s work, and for the recognition of our firm by BluWave.”

The Top Private Equity Innovator awardees were selected by a cross-functional committee that assessed candidates in consultation with a broad universe of limited partners, investment bankers, industry thought leaders and service providers in the private equity ecosystem. As part of their selection process, the committee evaluated more than 5,000 private equity firms and utilized more than 75 different factors, incorporating more than 400,000 data points.

“The 2024 top private equity innovators are providing differential leadership in the world of business,” said Sean Mooney, founder and CEO of BluWave. “Their innovative practices are strengthening companies, creating jobs and catalyzing a rebound in our economy.”

The Top Private Equity Innovator Awards are distinctive in that they involve no financial obligations from any participants and the selection process is independent of any customer relationships.

As the go-to connector of private equity-grade resources for due diligence and value creation needs of the business builders of PE, BluWave has a one-of-a-kind perspective that enables it to uniquely understand best practices and innovation in the private equity industry. For further information on the BluWave 2024 Top Private Equity Innovator Awards, including the selection process, selection criteria and recipients, please visit bluwave.net/awards.

About OpenGate Capital

OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation, and growth. Established in 2005, OpenGate Capital is headquartered in Los Angeles, California with a European office in Paris, France. OpenGate’s professionals possess the critical skills needed to acquire, transition, operate, build, and scale successful businesses. To date, OpenGate Capital has executed more than 40 platform acquisitions across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com.

About BluWave

BluWave is the Business Builders’ Network for private equity-grade service provider needs. The company’s platform combines AI, technology and data with concierge-like consultative support to expertly connect businesses with proven providers across due diligence, value creation and prep for sale. The BluWave Vetted™ network is an invite-only ecosystem of top-tier service-providing groups and individuals. Based in Nashville, Tenn., BluWave ranks as one of America’s fastest-growing companies and today serves hundreds of leading private equity firms and their thousands of portfolio companies.

Visit BluWave.net to learn more.

*BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms evaluated or recognized under the PE Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. BluWave, however, may otherwise provide services to the PE firms and/or portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave’s review of the more than 5,000 PE firms in the U.S. and Canada, from which the 82 private equity firms were selected as award recipients.

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