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OpenGate Capital to acquire Merak from Knorr-Bremse

PRIVATEJul 29, 2026•12 days ago

Acquiring Company

OpenGate Capital

Acquired Company

Merak

GetafeSoftwareManufacturing

Description

OpenGate Capital has announced that it has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse. This acquisition aims to enhance OpenGate's portfolio in the transportation sector. The specific terms of the transaction have not been disclosed. The acquisition positions OpenGate to leverage Merak's expertise and global presence in the rail HVAC market.

Company Information

Company

OpenGate Capital

About

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, through its legacy and fund investments, has executed more than 30 acquisitions including corporate carve-outs, management buyouts, special situations, and transactions with private sellers across North America and Europe. To learn more about OpenGate, please visit www.opengatecapital.com.

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Strategic

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Merak?

Merak was acquired by OpenGate Capital. The deal was reported on July 29, 2026. 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. OpenGate Capital is privately held and operates in Software.

When did OpenGate Capital acquire Merak?

OpenGate Capital's acquisition of Merak was reported on July 29, 2026. OpenGate Capital has announced that it has signed a definitive agreement to acquire Merak, the global rail HVAC business of Knorr-Bremse. This acquisition aims to enhance OpenGate's portfolio in the transportation sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Merak do?

Merak is a leading global provider of HVAC systems for rail vehicles. It operates facilities in multiple countries, including Spain, Austria, Australia, the United States, China, and India. It is privately held, operating in Manufacturing, and is based in Getafe.