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Platinum Equity to Acquire United Site Services

LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United Site Services (USS).  Financial terms of the transaction were not disclosed. United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the United States through a network of more than 80 locations and the largest fleet of portable sanitation equipment in the country. “We look forward to partnering with the USS management team to drive continued growth and help maximize performance throughout the business,” said Platinum Equity Partner Louis Samson.  “The company has proven to be a strong platform on which to build and it will benefit from the additional M&A and operational resources our team brings to bear.” USS CEO Ron Carapezzi said USS and Platinum Equity are a great fit. “This is exciting news for our company and our customers and we are thrilled about the prospect of partnering with Platinum Equity,” said Mr. Carapezzi.  “They have the financial, M&A and operational tools we need to reach the next level.” United Site Services has completed several acquisitions over the past 18 months.  Mr. Carapezzi said the company is well positioned for continued growth and he expects M&A efforts will only accelerate under Platinum Equity’s ownership. “We look forward to partnering with the USS management team to drive continued growth and help maximize performance throughout the business,” said Platinum Equity Partner Louis Samson. “We will continue pursuing opportunities to acquire portable sanitation and related services companies in key markets while leveraging Platinum’s operational expertise to improve our customer value proposition, enhance our operating effectiveness and increase our profitability,” said Mr. Carapezzi. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with $13 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed 200 acquisitions. About United Site Services United Site Services provides a positive personal experience in a temporary environment. As the nation’s leader in the industry, United Site Services has more than 80 locations coast to coast providing quality portable restroom rentals and temporary fence rentals. Delivering on customer service first, United Site Services has expansive national reach with local roots to the communities it serves. To learn more about United Site Services, visit www.unitedsiteservices.com.

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Platinum Equity to Acquire United Site Services

Platinum Equity to Acquire United Site Services

LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United Site Services (USS).  Financial terms of the transaction were not disclosed. United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the United States through a network of more than 80 locations and the largest fleet of portable sanitation equipment in the country. “We look forward to partnering with the USS management team to drive continued growth and help maximize performance throughout the business,” said Platinum Equity Partner Louis Samson.  “The company has proven to be a strong platform on which to build and it will benefit from the additional M&A and operational resources our team brings to bear.” USS CEO Ron Carapezzi said USS and Platinum Equity are a great fit. “This is exciting news for our company and our customers and we are thrilled about the prospect of partnering with Platinum Equity,” said Mr. Carapezzi.  “They have the financial, M&A and operational tools we need to reach the next level.” United Site Services has completed several acquisitions over the past 18 months.  Mr. Carapezzi said the company is well positioned for continued growth and he expects M&A efforts will only accelerate under Platinum Equity’s ownership. “We look forward to partnering with the USS management team to drive continued growth and help maximize performance throughout the business,” said Platinum Equity Partner Louis Samson. “We will continue pursuing opportunities to acquire portable sanitation and related services companies in key markets while leveraging Platinum’s operational expertise to improve our customer value proposition, enhance our operating effectiveness and increase our profitability,” said Mr. Carapezzi. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with $13 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed 200 acquisitions. About United Site Services United Site Services provides a positive personal experience in a temporary environment. As the nation’s leader in the industry, United Site Services has more than 80 locations coast to coast providing quality portable restroom rentals and temporary fence rentals. Delivering on customer service first, United Site Services has expansive national reach with local roots to the communities it serves. To learn more about United Site Services, visit www.unitedsiteservices.com.

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Platinum Equity to Acquire United Site Services

Platinum Equity Completes Acquisition of American Traffic Solutions

LOS ANGELES (June 1, 2017) –Platinum Equity today announced it has completed the acquisition of American Traffic Solutions (ATS).  Financial terms of the transaction were not disclosed. Arizona-based ATS is a leading provider of road safety cameras and toll and violations management solutions throughout North America.  The company has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people.  ATS’s Fleet Services business provides both toll and violation management solutions to fleets and rental customers. Platinum Equity Partner Jacob Kotzubei said he expects ATS will benefit from the transition to new ownership. “We will bring Platinum Equity’s financial, operational and M&A resources to bear in support of the company’s long-term strategic plans,” said Mr. Kotzubei.  “ATS is a strong platform for growth, both organically and through prospective add-on acquisitions.  We will pursue opportunities that can help broaden the company’s service offering and expand its geographic reach.” In connection with the acquisition, David Roberts, previously ATS President and Chief Operating Officer has been promoted to President and Chief Executive Officer.  About Platinum EquityFounded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with $13 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed more than 190 acquisitions. About American Traffic SolutionsATS Safety is proud to be the market leader in road safety camera installations in North America. ATS Safety has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people. ATS Fleet Services is a leader in providing both Toll and Violation Management Solutions to fleets and rental customers saving them time and money. For more information, please visit: www.atsol.com or atsfleetsolutions.com.

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Platinum Equity Completes Acquisition of American Traffic Solutions

Winc

Winc Corporate Divestiture Active Industrials Business Services Distributor of business products and services in Australia Company Overview Winc serves a diverse customer base: corporate customers, including small, medium and enterprise businesses; government customers, including federal, state and territory organizations in Australia; plus various education-related customers The company’s broad product offering includes stationery, paper, ink and toner, kitchen and office products, computer software and hardware, and furniture Transaction Description Acquired Staples Australia and New Zealand from Staples, Inc. in April 2017; rebranded as Winc M&A Activity Acquired OfficeMax Australia in February 2018 163 O'Riordan Street, Mascot, NSW 2020 Australia www.winc.com.au 100K Products in Inventory Latest News View Full Directory Read More Platinum Equity to Acquire Sunrise Medical Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European invest... Read More Read More 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 experti... Read More Read More 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 bus... Read More Read More 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 Ne... Read More Read More Platinum Equity Acquires Premium Rum Blending Specialist E&A Scheer LOS ANGELES (Jan. 11, 2024) – Platinum Equity announced today the acquisition of premium rum blending specialist E&amp... Read More Read More Platinum Equity Acquires Augusta Sportswear Brands and Founder Sport Group Youth sports performance apparel businesses joining forces to create expanded portfolio of brand, product and service of... Read More Read More Platinum Equity to Acquire Horizon Organic and Wallaby from Danone Leading dairy products brands projected to benefit from Platinum Equity’s carve-out experience and operational experti... Read More Read More Platinum Equity Sells Valpak to AmatoMartin LOS ANGELES (Dec. 4, 2023) – Platinum Equity announced the sale of marketing and advertising solutions provider Valpak... Read More Read More Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Interest Partner, Accelerating Long-Term Growth Strategies for both Organizations Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out experie... Read More Read More Platinum Equity to Acquire Co-Controlling Stake in US LBM Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s ... Read More Previous Next Our Portfolio Explore the full Platinum Equity portfolio of companies by transaction type, industry, location or ownership status. Browse Now

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Winc

Platinum Equity Completes Acquisition of Staples’ Business in Australia and New Zealand

LOS ANGELES (April 28, 2017) — Platinum Equity today announced it has completed the acquisition of the Staples business in Australia and New Zealand from Staples, Inc. (NASDAQ: SPLS) for an undisclosed sum. Staples is a supplier of business products, services and solutions in Australia and New Zealand. The company serves a diverse variety of customers, ranging from small-and-medium businesses to large enterprises, including federal, state and territory levels of government in both countries. Following the transition to new ownership, the acquired business will continue to operate under the Staples brand in Australia and New Zealand for a short period of time while a new corporate brand is created. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $11 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund.  Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 20 years Platinum Equity has completed more than 185 acquisitions.

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Platinum Equity Completes Acquisition of Staples’ Business in Australia and New Zealand

Platinum Equity to Acquire OfficeMax Business in Australia and New Zealand from Office Depot

LOS ANGELES (April 18, 2017) — Platinum Equity announced today it has signed a definitive agreement to acquire the OfficeMax business in Australia and New Zealand from Office Depot (NASDAQ:ODP). The transaction is subject to regulatory approval in each country and is expected to close within the next several months. Financial terms were not disclosed. “We are pleased to provide Office Depot a divestiture solution that meets the company’s needs,” said Adam Cooper, principal at Platinum Equity. “We look forward to working with the OfficeMax management team to continue improving the company's offering, enhancing the customer experience and driving sustainable growth.” Platinum Equity is a leading global private equity firm with a highly specialized focus on business operations and more than 20 years’ experience acquiring and operating businesses that have been part of large corporate entities. Baker McKenzie, Bell Gully, and Greenwoods & Herbert Smith Freehills are serving as legal counsel to Platinum Equity.   About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $11 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed more than 185 acquisitions.

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Platinum Equity to Acquire OfficeMax Business in Australia and New Zealand from Office Depot

Platinum Equity to Acquire American Traffic Solutions

LOS ANGELES (April 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire American Traffic Solutions (ATS).  Financial terms of the transaction were not disclosed. Arizona-based ATS is a leading provider of road safety cameras and toll and violations management solutions throughout North America.  The company has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people.  ATS’s Fleet Services business provides both toll and violation management solutions to fleets and rental customers. “ATS is a strong company with great leadership and vision, and a workforce dedicated to providing their customers with superior service,” said Jacob Kotzubei, the partner at Platinum Equity whose team led the acquisition. “We expect the company will benefit from Platinum Equity’s financial and operational resources, enabling continued investment in technology and new products.” ATS Chairman and Founder James Tuton said that Platinum Equity and ATS are an excellent fit. “This is great news for the company and its customers,” said Mr. Tuton. “I have spent 30 years in the business and I am confident that Platinum will be a great partner and will bring the resources and support services needed to take the company into the future.” Mr. Kotzubei also expressed enthusiasm about working with ATS President and COO David Roberts and his team going forward. Mr. Roberts said the move will benefit ATS’s long-term strategic plans. “This transition to new ownership will position ATS for growth well into the future as we continue to provide our customers with smarter, safer transportation solutions,” said Mr. Roberts.  “We look forward to being part of Platinum Equity’s impressive portfolio of high-performing companies.” About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $11 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed more than 185 acquisitions. About American Traffic Solutions ATS Safety is proud to be the market leader in road safety camera installations in North America. ATS Safety has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people. ATS Fleet Services is a leader in providing both Toll and Violation Management Solutions to fleets and rental customers saving them time and money. For more information, please visit: www.atsol.com or atsfleetsolutions.com.

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Platinum Equity to Acquire American Traffic Solutions

PAE Enters Into Definitive Agreement to Acquire FCi Federal

ARLINGTON, Va., April 3, 2017 – PAE today announced it has signed a definitive agreement to acquire FCi Federal. FCi, headquartered in Ashburn, Va., provides essential services for immigration and national security including adjudication support, eligibility verification and business process outsourcing services for federal government customers. The transaction is subject to regulatory approval and is expected to close within 45 business days, after which FCi would become a business unit of PAE. Houlihan Lokey served as FCi’s financial advisor in this transaction, and financial terms were not disclosed. PAE is a portfolio company of Platinum Equity, which acquired the business in 2016. PAE CEO John Heller views the FCi acquisition as a perfect fit with PAE’s strategy to expand and deepen its portfolio of services that support the essential missions of the U.S. government, its allied partners and other international organizations. “FCi is an impressive company with a strong track record for growth driven by talented employees and exceptional customer service,” said Heller. “It’s a great strategic fit, presenting new opportunities for both of our companies. It’s also a strong fit culturally, as I know FCi and PAE share the same core values and commitment to the highest performance standards.” Platinum Equity Partner Louis Samson said the acquisition is an important step in PAE’s continued growth. “The addition of FCi will expand PAE’s service offering and bring together a lot of very talented employees,” said Samson. “We are delivering on our promise to invest in PAE’s long-term strategy and will continue looking for new opportunities to expand organically or through additional acquisitions.” FCi Founder and Chairman Sharon D. Virts said the sale to PAE is the best move for FCi at this stage of the company’s evolution. “Today’s announcement is the right path to position FCi Federal for continued phenomenal growth,” said Virts. “Since founding FCi in 1991, we have been committed to providing high-quality service that differentiates us from competitors while placing a premium on taking care of our employees. That commitment will remain steadfast as we continue to catapult our competitive positioning for the future.” Following the close, FCi Federal, as a business unit of PAE, will operate from its current headquarters office in Ashburn, Va. About PAE PAE is a leading provider of enduring support for the essential missions of the U.S. government, its allied partners and international organizations. With over 60 years of experience, PAE supports the execution of complex and critical missions by providing global logistics and stability operations, technical services and national security solutions to customers around the world. PAE has a workforce of approximately 15,000 people in over 60 countries on all seven continents and is headquartered in Arlington, VA. About FCi Federal Operating in more than 40 states and territories, FCi Federal is one of the fastest growing government services firms in the industry providing a wide range of managed professional, administrative and technical services to federal agencies. With 25 years of experience in the federal market, FCi Federal brings depth and breadth of resources and engaged leadership to manage complex government programs, ranging from operating large production centers to providing integrated mission support services for geographically distributed operations. The company’s nearly 5,000 employees and subcontractors put their core expertise in program management support, records management, adjudication support, fraud detection and other administrative support services to work in ways that routinely outperform expectations. More information about FCi Federal can be found at www.fcifederal.com. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $11 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 22 years Platinum Equity has completed more than 185 acquisitions. Media Contacts: Meg Manthey LaBumbard, (703) 717-6175, meg.labumbard@pae.com Sheila Blackwell, (703) 646-9301, sheila.blackwell@fcifederal.com For additional information, please visit our website http://www.pae.com or follow us at @PAE_Company, LinkedIn, Facebook or YouTube.

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PAE Enters Into Definitive Agreement to Acquire FCi Federal

Platinum Equity Announces Closing of $6.5 Billion Fund

LOS ANGELES, CA (March 13, 2017) – Platinum Equity announced today the close of Platinum Equity Capital Partners IV, a $6,500,000,000 global buyout fund. The fund was heavily oversubscribed, driven by the success of Platinum’s highly specialized M&A&O® strategy that integrates investment expertise with deep operational capability and resources. “We are grateful to investors for believing in Platinum, supporting our growth and trusting us to invest their money wisely,” said Tom Gores, chairman and chief executive officer of Platinum Equity. “Our job now is to continue earning that trust by deploying this capital effectively,” Mr. Gores said. “We have the capacity, the capability and the capital necessary to handle transactions of any size and complexity anywhere in the world.” Mark Barnhill, the Platinum Equity partner responsible for leading the capital raise, said Fund IV generated high demand from institutional investors around the world. More than 200 limited partners from 28 countries invested in the fund. “Investors in this cycle were very focused on operations value-add and the ability to deliver downside protection alongside great returns,” Mr. Barnhill said. “Our capabilities and track record matched perfectly with that demand.” Platinum Equity, founded by Mr. Gores in 1995, funded its initial investments with founders’ capital. The firm raised its first private equity fund in 2004, with $700 million in capital commitments. That was followed by Fund II with $2.75 billion in 2007, Fund III with $3.75 billion in 2012, and now Fund IV with $6.5 billion. Each of the previous funds has been a top performer in its respective vintage year, and Platinum Equity was ranked among the top five performing private equity firms in the world for 2016 in a recent study by HEC Paris Business School and Dow Jones. “We are grateful to investors for believing in Platinum, supporting our growth and trusting us to invest their money wisely," said Tom Gores, chairman and chief executive officer of Platinum Equity. "Our job now is to continue earning that trust by deploying this capital effectively. We have the capacity, the capability and the capital necessary to handle transactions of any size and complexity anywhere in the world.” Platinum’s investment portfolio includes both equity and credit investments. The firm specializes in complex carve-outs from Fortune 500 companies; public to private transitions; and specialty acquisitions from a wide variety of private sellers. Recent investments include the November 2016 acquisition of Emerson Network Power, a multibillion-dollar unit with operations around the world, in a transaction valued in excess of $4 billion. The business has been successfully established as a standalone company and is now driving growth and innovation under the new name Vertiv. Mr. Gores said Fund IV will deliver more of the same, as Platinum continues a growth trajectory that now includes limited partners on five continents and operating companies on all seven continents. “As much as we’ve grown, we have maintained our investing philosophy surrounded by great people who respect execution,” Mr. Gores said. “Times may change and situations may change, but our belief system and approach will remain the same. We will maintain, as we always have, our core investing and operating principles going forward.“ Simpson Thacher & Bartlett LLP is Platinum’s fund counsel and legal adviser for Fund IV. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with a portfolio of approximately 30 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® - acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics. Since its founding, Platinum Equity has completed more than 185 acquisitions.

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Platinum Equity Announces Closing of $6.5 Billion Fund

Platinum Equity to Acquire Staples’ Business in Australia and New Zealand

FRAMINGHAM, Mass. & LOS ANGELES (March 13, 2017)— Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agreement under which Platinum Equity will acquire Staples’ business in Australia and New Zealand for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017. Staples is a leading supplier of business products, services and solutions in Australia and New Zealand. The company serves a diverse variety of customers, ranging from small-and-medium businesses to large enterprises, including federal, state and territory levels of government in both countries. “As we execute our plan for long-term growth we want to focus primarily on our Staples’ North American business, and this will allow us to better do that,” said Shira Goodman, Chief Executive Officer and President, Staples, Inc. “Working with Platinum, we believe the Australian and New Zealand businesses will be well positioned for the future, ultimately helping our customers and associates succeed.” Platinum Equity is a leading global private equity firm with a highly specialized focus on business operations and more than 20 years’ experience acquiring and operating businesses that have been part of large corporate entities. Earlier today the firm announced the closing of Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund focused on acquiring businesses that can benefit from Platinum’s operational and financial resources. Platinum Equity, which has portfolio company operations on all seven continents, has been actively pursuing investment opportunities in Australia and New Zealand and currently owns a majority stake in Sensis, an Australian directories business acquired from Telstra. “The Staples business in Australia and New Zealand has extraordinary potential as a standalone enterprise,” said Adam Cooper, principal at Platinum Equity. “It has a strong customer base, dedicated employees and a long history in the markets it serves.  We look forward to partnering with the management team to make substantial investments to optimize the company’s digital and systems capabilities with a focus on enhancing the customer experience.” Following the transition to new ownership, the divested business will continue to operate under the Staples brand in Australia and New Zealand for a short period of time while a new corporate brand is created. Morgan Stanley is acting as exclusive financial advisor to Staples. Corrs Chambers Westgarth is acting as legal advisor to Staples. Baker McKenzie is acting as legal advisor to Platinum Equity. About Staples, Inc. Staples helps business customers make more happen by providing a broad assortment of products, expanded business services and easy ways to shop – in stores, online via mobile or through social apps. Staples Business Advantage, the business-to-business division, caters to mid-market, commercial and enterprise-sized customers by offering a one-source solution for the products and services they need, combined with best-in-class customer service, competitive pricing and a state-of-the-art ecommerce site. Headquartered outside of Boston, Staples, Inc. operates throughout North and South America, and Asia. More information about Staples (NASDAQ: SPLS) is available at www.staples.com. About Platinum Equity Founded in 1995 by Tom Gores, Platinum Equity (www.platinumequity.com) is a global investment firm with more than $11 billion of assets under management and a portfolio of approximately 30 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners IV, a $6.5 billion global buyout fund.  Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 20 years Platinum Equity has completed more than 185 acquisitions.

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Platinum Equity to Acquire Staples’ Business in Australia and New Zealand