Andrew Nikou is the Founder, Managing Partner and CEO of OpenGate Capital, a global private equity firm focused on acquiring business divisions from larger, multi-national corporations around the world.
Andrew Nikou's entrepreneurial spirit was ignited during his education at the University of Southern California’s Marshall School of Business, where he studied finance and became interested in starting his own business. After graduating from USC, he worked for the Patent and License Exchange until 2001. He then began a career in private equity, landing at Platinum Equity, where he spent nearly four years working in that firm’s Los Angeles and Paris offices. Seeing an opportunity in a market underserved by most private equity firms – cross-border buyouts in the lower-middle market – Andrew started his own global investment firm, OpenGate Capital, in 2004.
In the Beginning
Funded with $30,000 of Andrew Nikou’s own capital, OpenGate was built methodically, one acquisition at a time. Since inception, OpenGate has leveraged its corporate carve-out strategy in more than 25 platform acquisitions, achieving an impressive historical average of capital invested by the firm’s partners. OpenGate has an in-house team of more than 30 investment professionals focused on the sourcing, execution and operation of its portfolio businesses. The team works from the firm’s headquarters in Los Angeles and a European investment office in Paris.
Nikou and OpenGate Capital first garnered widespread attention for the 2008 acquisition of TV Guide Magazine. The firm’s work led to the publication's rapid return to profitability by early 2010. Nikou earned the 2012 M&A Advisor's "Top 40 Under 40" Award for the West Region, which he received soon after being named a Top Dealmaker of 2010 by Merger & Acquisitions magazine. Nikou has also been recognized as a "private equity whiz" by international business and private equity publications.
With a strategy focused on acquiring underperforming businesses in need of a turnaround, OpenGate has successfully completed more than 40 buy and sell-side transactions. Under Nikou's leadership, the firm has bought non-core and operationally challenged divisions of Fortune 500 companies, and has carved out a unique position in the global M&A market as a leader in cross-border, trans-Atlantic acquisitions.