Monday, September 30, 2013

OpenGate Capital Buys PenneySaver from Harte-Hanks

http://www.opengatecapital.com/2013/09/27/opengate-capital-completes-acquisition-of-pennysaver-usa/
OpenGate Capital, a global private buyout firm, announced today that it has completed the acquisition of PennySaver USA comprised of the Shoppers and PennySaver assets from Harte-Hanks, Inc., (NYSE: HHS) just one week after announcing it had signed an agreement to acquire the business.  PennySaver USA, headquartered in Brea, California, represents the first California-based acquisition for OpenGate Capital, and it joins a portfolio of 12 other leading enterprises with operations throughout North America, Latin America and Europe.