OpenGate Capital launches Energi Fenestration Solutions

U.S. private equity firm OpenGate Capital has closed its acquisition of the Window and Door division of Canada's Royal Building Products from Axiall Corp (NYSE: AXLL). No financial terms were released for the deal, which was announced earlier this year. OpenGate said it has renamed the entity Energi Fenestration Solutions Ltd and will focus on transitioning it into a stand-alone maker of vinyl window profiles and patio doors. The company, which has offices in Woodbridge, Ontario and Terrebonne, Québec, will continue to be led by CEO Jesse Hawthorne.

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