OpenGate Capital has completed the sale of ScioTeq, a provider of ruggedized display and mission-critical visualization systems for aviation and defense applications, to the aerospace and defense fund of alternative asset manager Tikehau Capital. OpenGate said it will retain a meaningful minority position and continue supporting ScioTeq as it enters its next growth phase.
ScioTeq, which has a 40-year operating history, designs and manufactures advanced visualization and computing solutions used in aviation, defense, and air traffic control environments. The company operates sales, engineering, and manufacturing sites globally and focuses on high-performance display systems and related electronics designed for precision, reliability, and long-term support.
OpenGate acquired ScioTeq from TransDigm Group in 2021 via a corporate carve-out and said it pursued a set of strategic initiatives during its ownership, including completing the separation and establishing Treality as an independent operating entity, strengthening the leadership team through the addition of a CEO and a Group Sales Director, expanding the global sales organization into new geographies, and advancing MicroLED and Mini LED display technologies targeted at next-generation military use cases.
With the change in ownership, ScioTeq expects to leverage Tikehau Capital’s sector relationships and expertise to pursue new markets and broaden its product portfolio, while continuing to benefit from OpenGate’s involvement as a minority partner.
KEY QUOTES:
“This transaction marks a significant milestone for all parties, underscoring the strong market positions and ongoing development that ScioTeq anticipates. Our collaboration with Tikehau Capital allows ScioTeq to access new markets and further expand its product portfolio by leveraging the industry knowledge and connections of Tikehau. With OpenGate remaining as a partner, the company will continue to benefit from valuable expertise and consistent support as it enters this continued phase of growth.”
Rob Gibbs, CEO, The ScioTeq Group
“Under our ownership, ScioTeq has undergone a meaningful transformation. Together with the company’s leadership, OpenGate strengthened ScioTeq’s capabilities, expanded its global reach and advanced key technologies. This transaction reflects that progress, and with Tikehau Capital’s sector expertise, ScioTeq is well positioned for continued growth. We are pleased to remain a partner in its next chapter.”
Andrew Nikou, Founder And Managing Partner, OpenGate Capital
