Business

OpenGate Capital Portfolio Company Sargent and Greenleaf Completes Sale of Security Locking Division to ASSA ABLOY

NEW YORK & PARIS, December 05, 2025--OpenGate Capital ("OpenGate"), a global private equity firm specializing in complex corporate carve-outs and operational transformations across the industrial and business services sectors, announced today that its portfolio company Sargent and Greenleaf ("S&G") has completed the sale of its high-security locking division to ASSA ABLOY, a global leader in access solutions.

articleAssa Abloy Ab Class BDecember 5, 20252/company/assa-abloy-ab-class-b/news/opengate-capital-portfolio-company-sargent-and-greenleaf-completes-sale-of-security-locking-division-to-assa-abloy
OpenGate Capital Portfolio Company Sargent and Greenleaf Completes Sale of Security Locking Division to ASSA ABLOY

About this update from Assa Abloy Ab Class B

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1256,"height":354,"url":"https://media.zenfs.com/en/business-wire.com/3a70d386cfff98dd08086a9d80819f85"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/aWNVY4LsnKR9HQpqag8AtA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI3MTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3a70d386cfff98dd08086a9d80819f85","width":960,"height":271},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/GTgMYxH7gtK1.eEdwChHxw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3a70d386cfff98dd08086a9d80819f85","width":640,"height":180},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/l9xbaT6RJQVUFL0MGmUAEw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD02NzY7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/3a70d386cfff98dd08086a9d80819f85","width":1200,"height":338}},"lazy":false},{"type":"text","content":"NEW YORK & PARIS, December 05, 2025--(BUSINESS WIRE)--OpenGate Capital ("OpenGate"), a global private equity firm specializing in complex corporate carve-outs and operational transformations across the industrial and business services sectors, announced today that its portfolio company Sargent and Greenleaf ("S&G") has completed the sale of its high-security locking division to ASSA ABLOY, a global leader in access solutions.","length":457,"tagName":"p"},{"type":"text","content":"OpenGate acquired S&G from Stanley Black & Decker in May 2019. In December 2019, S&G acquired Delaney Hardware and Premier Steel Doors, a leading provider of steel doors. Premier Steel Doors was sold to ASSA ABLOY in December 2024. Delaney Hardware, a provider of premium residential hardware, will remain under OpenGate’s ownership and is not part of the transaction.","length":380,"tagName":"p"},{"type":"text","content":""This transaction is a testament to the incredible work of our team," said Chris Casazza, S&G CEO. "I’m proud of everything we’ve accomplished with OpenGate since 2019, and I’m confident that with ASSA ABLOY’s support, the next chapter for S&G will be a success."","length":291,"tagName":"p"},{"type":"text","content":"With the support of OpenGate’s Operations team, S&G has implemented growth and efficiency ini...

More updates from Assa Abloy Ab Class B

ASSA ABLOYOpenGate CapitalDelaney HardwareOpenGateStanley Black & Deckerglobal leader