Articles

Platinum Equity Portfolio Company San Diego Union-Tribune Partners With KGTV/Channel 10

Platinum Equity Portfolio Company Maxim Acquires Barnhart Crane and Rigging Assets

Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnhart Crane and Rigging. Maxim specializes in the rental and sales of lift equipment including hydraulic truck cranes, rough terrain cranes, crawler cranes, tower cranes, conventional truck cranes, and boom trucks. The acquisition added to Maxim’s expansion of its fleet of 230- to 300-ton sized crawlers. It also represented Maxim’s increased leadership role in a consolidating industry. Platinum acquired Maxim in July 2008 in a public-to-private transaction. Full story...

Platinum Equity Buys Wire Harness Business From Alcoa

Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The business was the largest component of Alcoa’s electrical and electronic solutions division, with over 17,000 employees and a presence in 13 countries across the globe. Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. Full story at altassets.com...