OpenGate Capital To Buy Getronics Latin American Units

Law360, New York (January 24, 2012, 8:41 PM EST) -- OpenGate Capital has agreed to purchase IT and communications firm Getronics International’s Latin American portfolio of businesses from Dutch telecommunications giant KPN, the California-based global private equity firm announced Tuesday.

The deal is part of KPN’s move to sell off Getronics International — which has operations in Europe, the Asia Pacific region and Latin America — in two separate transactions for an undisclosed amount, KPN said in a statement.

Getronics' Latin American portfolio includes three national operations, in Brazil, Mexico and Colombia, with more than 2,000...
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