OpenGate Capital Buys Mersive Technologies

Los Angeles – January 22, 2018 – Cooley advised OpenGate Capital on its acquisition of Mersive Technologies, a leading provider of wireless collaboration software. Cooley private equity partner Ray LaSoya led the team advising OpenGate. 

Acquiring Mersive from shareholders of the business will address a growing demand for software-based solutions that are easy to deploy and affordable for traditional meeting rooms and huddle spaces. 

“Mersive is an exciting investment considering the global and transformative nature of its software solutions in an otherwise hardware-dominated market and its continued triple-digit, year-over-year growth rate with new and existing customers,” said Andrew Nikou, founder and CEO of OpenGate, in a news release.

Mersive is the seventh acquisition through OpenGate’s first institutional fund, following the firm’s previous acquisitions of Power Partners, Energi Fenestration Solutions, Bois & Matériaux, Alfatherm, EverZinc and Hufcor.

Established in 2005, OpenGate is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation and growth.

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