LOS ANGELES & PARIS–(BUSINESS WIRE)–OpenGate Capital (“OpenGate”), a global private equity firm, announced today that it has entered into exclusive discussions for the sale of SMAC, a supplier of waterproofing and building envelop systems, to Compagnie Financière Jousset and the SMAC management team. Terms of the agreement were not disclosed. OpenGate acquired SMAC in 2019 through a corporate carve-out from Colas Group, a subsidiary of Bouygues SA. SMAC was established in 1884 and has grown i
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