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DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 formerly incarcerated citizens a second chance through legal assistance and job...
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Platinum Equity’s outreach program for the Jalen Rose Leadership Academy provides mentorship, scholarships. And genuine fun.
April 15, 2024
DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview room only minutes before the start of the Detroit Pistons game against the Indiana Pacers on March 20. Jalen ...
Latest Article
Latest Article
How Winc management team, Platinum Equity ops ‘rose to the occasion’ to pull off turnaround for customers in Australia, New Zealand
April 03, 2024
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day.Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near...
Latest Article
April 19, 2024
Platinum Equity Partner Mark Barnhill, Detroit Pistons host second-chance event in Detroit
DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 formerly incarcerated citizens a second chance through legal assistance and job counseling.The Second Chance Summit in Detroit included a clinic, in which volunteer lawyers helped eligible individuals apply for expungement of their criminal records under Michigan’s 2021 Clean Slate Act; and a job fair... Read more
DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 form... Read more
DETROIT - An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations. Read more
April 15, 2024
Platinum Equity’s outreach program for the Jalen Rose Leadership Academy provides mentorship, scholarships. And genuine fun.
DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview room only minutes before the start of the Detroit Pistons game against the Indiana Pacers on March 20. Jalen Rose Leadership Academy freshman basketball coach Demarcus Wingate sat on the podium where Pistons players normally take questions from the media. To his right sat Platinum Equity VP Vince Ellis, who provided some order to th... Read more
DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview room only minutes before the start ... Read more
DETROIT – Roaring laughter - and a little friendly trash talk - was heard in the Little Caesars Arena interview ro. Read more
April 03, 2024
How Winc management team, Platinum Equity ops ‘rose to the occasion’ to pull off turnaround for customers in Australia, New Zealand
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day.Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near the loading dock.He points to fully automated robots moving boxes of workplace supplies like headphones, cleaning products, staples, hand sanitizer and common office snacks.Workers move about the more than 43,000 square mete... Read more
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day.Winc Supply Chain Director Ch... Read more
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September . Read more
April 02, 2024
Platinum Equity Completes Acquisition of Horizon Organic and Wallaby from Danone
Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES (April 2, 2024) – Platinum Equity today announced that the acquisition of a majority interest in Horizon Organic and Wallaby from Danone has been completed. Horizon Organic is the largest USDA-certified organic dairy brand in the world and is a pioneer in dairy beverages, having introduced the first organi... Read more
Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expertise LOS ANGELES (April 2, 20... Read more
Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expe. Read more
April 01, 2024
Platinum Equity’s presence during diligence key factor in acquisition of JELD-WEN’s Australasian business
SYDNEY ‑ JELD-WEN, a U.S.-based, publicly traded manufacturer of windows and doors, decided to divest its Australasian business in 2022, which set off a competitive sales process. The process was a chance for Platinum Equity to demonstrate that its operations-intensive approach not only comes into play after an acquisition – it’s also a key differentiator during the diligence stage. According to executives with the company (now branded V... Read more
SYDNEY ‑ JELD-WEN, a U.S.-based, publicly traded manufacturer of windows and doors, decided to divest its Australasian business in 2022, which set o... Read more
SYDNEY ‑ JELD-WEN, a U.S.-based, publicly traded manufacturer of windows and doors, decided to divest its Australas. Read more
March 22, 2024
Platinum Equity Invests in TAK Communications
Firm to partner with TAK’s current shareholders and management team, which will continue as equity partners in the business Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (March 22, 2024) – Platinum Equity announced today a significant investment in TAK Communications, a national provider of communications and broadband infrastructure services. Financial terms were not disclosed. Headquartered in Sioux... Read more
Firm to partner with TAK’s current shareholders and management team, which will continue as equity partners in the business Transaction extends m... Read more
Firm to partner with TAK’s current shareholders and management team, which will continue as equity partners in the . Read more
March 15, 2024
Platinum Equity Completes Sale of Yak Access to United Rentals for $1.1 Billion
LOS ANGELES (March 15, 2024) – Platinum Equity announced today that the sale of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) to United Rentals, Inc. (NYSE: URI) for approximately $1.1 billion in cash has been completed. Yak is a leader in the North American matting industry with a fleet of approximately 600,000 hardwood, softwood, and composite mats providing surface protec... Read more
LOS ANGELES (March 15, 2024) – Platinum Equity announced today that the sale of Yak Access, LLC, Yak Mat, LLC and New South Access & Environme... Read more
LOS ANGELES (March 15, 2024) – Platinum Equity announced today that the sale of Yak Access, LLC, Yak Mat, LLC and. Read more
March 04, 2024
Platinum Equity to Sell Yak Access to United Rentals for $1.1 Billion
LOS ANGELES (March 4, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) to United Rentals, Inc. (NYSE: URI) for approximately $1.1 billion in cash. The transaction is expected to close in the first quarter of 2024, subject to limited contractual conditions. Yak is a leader in the North Ameri... Read more
LOS ANGELES (March 4, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell Yak Access, LLC, Yak Mat, LLC and New ... Read more
LOS ANGELES (March 4, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell Yak A. Read more
February 23, 2024
Solenis continues investment in growth; $193 million new plant expansion and key R&D investments underscore strategy
Solenis recently announced plans to invest $193 million in expanding existing operations in Suffolk, Va. Plans include the construction of an 80,000-square foot facility focused on production, packaging, and housing a tank farm. Solenis will also create a new rail spur for polyvinylamine (PVAm) polymer production. The project is anticipated to create 34 jobs. The Virginia Economic Development Partnership joined Solenis in the announcement r... Read more
Solenis recently announced plans to invest $193 million in expanding existing operations in Suffolk, Va. Plans include the construction of an 80,00... Read more
Solenis recently announced plans to invest $193 million in expanding existing operations in Suffolk, Va. Plans inc. Read more
February 09, 2024
Year In Review: Platinum Equity navigates choppy 2023 with carveouts, deals in multiple sectors
Platinum Equity navigated a challenging year for private equity by sticking to its core investment strategies.Platinum Equity completed 51 buy and sell-side transactions in 2023, including 10 new platform investments and 28 add-on acquisitions across a variety of sectors, such as consumer, manufacturing, agribusiness and more. Deal sizes varied from the large end of the spectrum to those in the lower end of the middle market. Platinum Equity’s ... Read more
Platinum Equity navigated a challenging year for private equity by sticking to its core investment strategies.Platinum Equity completed 51 buy and sel... Read more
Platinum Equity navigated a challenging year for private equity by sticking to its core investment strategies.Platinu. Read more
