Press Releases

Héroux-Devtek Enters into Definitive Agreement to be Acquired by Platinum Equity

Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, today announced that it has entered into an arrangement agreement with an affiliate (the “Purchaser”) of Platinum Equity Advisors, LLC (“Platinum Equity”), a U.S. based private equity firm, pursuant to which the Purchaser will acquire all the issued and outstanding common shares of the Corporation, other than the shares to be rolled over by members of senior management of the Corporation (the “Rollover Shareholders”), for $32.50 in cash per share, representing a total enterprise value of approximately $1.35 billion, subject to customary closing conditions (the “Transaction”).

Platinum Equity’s Credit Team Provides Term Loan to Westfall Technik

Platinum Equity Portfolio Company Hop Lun Acquires P.H. Garment

Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of intimate apparels, announced today the acquisition of P.H. Garment.

Platinum Equity to Acquire Sunrise Medical

Platinum Equity Portfolio Company HC Companies Acquires Classic Home & Garden

Kohler Co. and Platinum Equity Close Transaction to Establish Kohler Energy as Independent Business

Platinum Equity Completes Acquisition of Horizon Organic and Wallaby from Danone

Platinum Equity Invests in TAK Communications

Platinum Equity Completes Sale of Yak Access to United Rentals for $1.1 Billion

Platinum Equity to Sell Yak Access to United Rentals for $1.1 Billion