“OpenGate engaged with Backbone Capital to arrange the debt financing for our acquisitions of Chemsolv/Chemisphere. Backbone immediately stepped up and worked closely with the OpenGate team to get info materials out to prospect lenders. Backbone became an extension of the OpenGate team, working with lenders, obtaining term sheets, narrowing to the final lender, negotiating credit agreements, covenants, fund flows, etc. Backbone runs a tight process and we look forward to working more with Backbone in the future.”
Matthias Gundlach, Managing Director
OpenGate Capital Management LLC
Los Angeles, CA