OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into a binding agreement for the sale of ScioTeq, a global leader in ruggedized displays for the aviation and defense industries, to the aerospace and defense fund of global alternative asset manager Tikehau Capital (ISIN code: FR0013230612; Ticker: TKO.FP).
ScioTeq has a 40-year heritage of designing and manufacturing advanced visualization and computing solutions for the aviation, defense and air traffic control markets. With sales, engineering and manufacturing locations across the world, the company specializes in rugged, high-performance display systems and mission-critical electronics that support situational awareness in the most demanding environments. Utilized by governments and industry leaders worldwide, ScioTeq delivers technology that is engineered for precision, reliability, and long-term support.
OpenGate acquired ScioTeq from TransDigm Group Inc. (NYSE: TDG) in 2021 through a corporate carve-out. Under its ownership, ScioTeq has achieved growth and transformation, strengthening its market presence and operational capabilities to become a trusted partner in delivering innovative solutions. OpenGate will maintain a meaningful minority position and will continue to support the company’s next phase of growth.
