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...
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”) t...
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...
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 protection... 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
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
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
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
LOS ANGELES (Jan. 16, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell the Hunterstown power generation facility and related assets to LS Power. Financial terms were not disclosed. The transaction is expected to close in the second quarter of 2024. Located in Gettysburg, Pennsylvania, the Hunterstown facility is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM (Met-... Read more
LOS ANGELES (Jan. 16, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell the Hunterstown power generation facil... Read more
LOS ANGELES (Jan. 16, 2024) – Platinum Equity announced today the signing of a definitive agreement to sell the H. Read more
LOS ANGELES (Jan. 11, 2024) – Platinum Equity announced today the acquisition of premium rum blending specialist E&A Scheer, the largest global blender and vendor of premium rum in bulk, from The Riverside Company.Financial terms of the transaction were not disclosed.Headquartered in Amsterdam, Netherlands, E&A Scheer’s origins date back to 1712. The company specializes in sourcing and blending to create high-quality, custom-made rum ... Read more
LOS ANGELES (Jan. 11, 2024) – Platinum Equity announced today the acquisition of premium rum blending specialist E&A Scheer, the largest global ... Read more
LOS ANGELES (Jan. 11, 2024) – Platinum Equity announced today the acquisition of premium rum blending specialist E&. Read more
Youth sports performance apparel businesses joining forces to create expanded portfolio of brand, product and service offeringsLOS ANGELES (January 9, 2024) – Platinum Equity announced today the acquisitions of Augusta Sportwear Brands (“ASB”) and Founder Sport Group (“FSG”). Both companies are suppliers of team uniforms, and off-field performance wear and fan apparel for the youth and recreational sports markets.Financial terms of the ... Read more
Youth sports performance apparel businesses joining forces to create expanded portfolio of brand, product and service offeringsLOS ANGELES (January 9,... Read more
Youth sports performance apparel businesses joining forces to create expanded portfolio of brand, product and service. Read more
Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expertiseLOS ANGELES (Jan. 1, 2024) – Platinum Equity today announced the signing of a definitive agreement to acquire Horizon Organic and Wallaby from Danone.Horizon Organic is the largest USDA-certified organic dairy brand in the world and is a pioneer in dairy beverages, having introduced the first organic milk available coast to ... Read more
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Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational expe. Read more
LIVONIA, Mich. - With various local and state officials on hand, Cabinetworks Group officially opened its new $8 million corporate headquarters in December. CEO John Barkhouse and Chief Human Resource Officer Jo Ann Morelli did the honors, cutting the red ribbon in front of employees assembled over two floors on the site that was once a call center for a local healthcare company. Cabinetworks Group previously resided in an oversized and agi... Read more
LIVONIA, Mich. - With various local and state officials on hand, Cabinetworks Group officially opened its new $8 million corporate headquarters in Dec... Read more
LIVONIA, Mich. - With various local and state officials on hand, Cabinetworks Group officially opened its new $8 mill. Read more
LOS ANGELES and HONG KONG (Dec. 18, 2023) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of undergarments and swimwear, announced today the acquisition of Rainbow West Apparel (“RW Designs”), a woman and minority-owned swimwear company based.Founded in 1993 as a family-owned business, RW Designs is a Los Angeles-based company that has served as a premier private label design house and m... Read more
LOS ANGELES and HONG KONG (Dec. 18, 2023) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of u... Read more
LOS ANGELES and HONG KONG (Dec. 18, 2023) – Platinum Equity portfolio company Hop Lun, one of the world’s largest. Read more