OpenGate Capital Completes Acquisition of Zodiac Recreational

OpenGate Capital announced today it has acquired Zodiac Recreational from Zodiac Marine & Pool, a portfolio company of The Carlyle Group

. Terms of the transaction were not disclosed. Zodiac N-ZO 700. Photo by Bernard Biancotto Zodiac Recreational is the world's leader in the design, manufacturing and distribution of inflatable and Rigid Inflatable Boats (RIBs). Zodiac is the most recognized brand in the nautical industry with an extensive range of products including RIBs, recreational tenders, inflatable boats, jet tenders, life rafts, and related boat accessories as well as two other branded lines of products, Bombard and Avon. The acquisition