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Diversified Machine Announces New Leadership
Home / News / Diversified Machine Announces New Leadership
Wixom, MI – Diversified Machine Inc. (DMI), a vertically-integrated supplier of fully engineered chassis and powertrain components and modules to the automotive industry, today announced the appointment of Robert J. Remenar as CEO. Mr. Remenar, 56, replaces former DMI Chairman and CEO Bruce Swift who stepped down in March.“We conducted a thorough and comprehensive search for a leader with the right combination of experience, ambition and intellect to help drive the transformation of DMI into a larger, global platform,” said Bryan Kelln, President of Portfolio Operations for Platinum Equity, which acquired DMI in December 2011. “We interviewed many capable candidates and Bob emerged as the best possible fit based on his proven track record leading a successful global Tier-1 supplier and his compelling vision for the future of DMI.”Mr. Remenar is an automotive industry veteran who joins DMI from Nexteer Automotive, where he served as President and CEO. Mr. Remenar will continue to serve on the Nexteer Board of Directors. During Mr. Remenar’s tenure, Nexteer evolved into a successful, stand-alone global enterprise with a diverse customer base, footprint and product portfolio. “I am excited to join DMI at such a pivotal time and look forward to working with DMI’s customers, employees and other partners to help the organization evolve and reach its full potential,” said Mr. Remenar. “With Nexteer now on a stable and firm growth path, I wanted a new opportunity where I can deploy my passion for building teams, customer satisfaction, enterprise value and success. DMI is poised for growth with exciting opportunities to increase geographic and customer diversity, and to continue improving fundamental business operations, product quality and customer service.”Mr. Remenar was previously president of the former Delphi Steering Division, a business unit that spun out of Delphi and transformed into Nexteer. While at Delphi Mr. Remenar was also a Delphi Corp. officer and vice president and member of its strategy board. Mr. Remenar began his career in the auto industry in 1985 with General Motors. He held various operational, financial and human resource roles within Delphi and within GM in corporate financial analysis, labor relations, employment cost analysis and compensation, policy development, and employee relations.Mr. Remenar earned an undergraduate degree from Central Michigan University and a master’s degree in business administration from Walsh College. He is a member of the President’s Advisory Council of Walsh College, the Dean’s Business Advisory Council of Central Michigan University. Mr. Remenar serves on the board of directors of the PKC Group and Stackpole International.About Diversified Machine Inc. Diversified Machine Inc. is a leading vertically-integrated supplier of fully engineered chassis and powertrain components and modules for the automotive OEMs and Tier 1 suppliers. A global supplier with operations strategically located to better serve its customers, DMI offers fully-integrated design, development, testing, casting, machining, and assembly capabilities, of both aluminum and ductile iron components. DMI’s integrated machining and casting capability, often in the same manufacturing environment, provides for full-service supply, higher efficiency and quality, and lower cost to the customers. DMI’s global operations include: machining and assembly plants; aluminum foundries that cast and machine; a ductile iron foundry; an engineering design and testing lab; and a full service supplier capability. www.divmi.com.About Platinum Equity Platinum Equity (www.platinumequity.com) is a global M&A&O® firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, logistics, metals services, manufacturing and distribution. Since its founding in 1995 by Tom Gores, Platinum Equity has completed over 130 acquisitions.
Quark Acquires Mobile IQ for Enterprise Digital Publishing
Home / News / Quark Acquires Mobile Iq For Enterprise Digital Publishing
Denver, CO – Quark announced today its acquisition of Mobile IQ, creators of PressRun™, the cloud-based digital publishing solution developed to deliver innovative, interactive tablet and mobile experiences.Quark was acquired by Platinum Equity in August 2011 and has been working closely with Platinum's M&A team to identify and pursue growth opportunities. Quark identified Mobile IQ as an ideal fit for expanding the company's digital publishing solutions for the enterprise. With an impressive client base and an established presence in the United States and United Kingdom, Mobile IQ brings to Quark a high-caliber team, market-leading solutions, and a shared vision of digital publishing that includes HTML5 and XML."Quark's intention is to be the leader in dynamic publishing. Our acquisition of Mobile IQ is the next step in offering the most comprehensive end-to-end solutions for publishing to mobile devices," said Ray Schiavone, Quark President and CEO. "With the Mobile IQ team and their leading technology, we advance our ability to help organizations create structured content that can be combined with rich design and delivered across media channels in the most efficient ways possible."As a part of the acquisition, Mobile IQ becomes a subsidiary of Quark. Mobile IQ customers will continue to work directly with the Mobile IQ team, while benefiting from Quark's expertise in broader enterprise publishing solutions. Due to the close alignment of vision and technology, customers should look forward to rapid integration of Mobile IQ technology with Quark's enterprise solutions."It was evident from our early conversations that there is significant affinity between Mobile IQ and Quark's approach to digital publishing," said Shaun Barriball, Mobile IQ CEO and Founder. "This acquisition gives the Mobile IQ team an opportunity to continue developing an innovative roadmap for publishers, while expanding the use of our technology into new enterprise markets, such as financial services, manufacturing, and government."Mobile IQ's PressRun solution for tablet publishing will continue to support multiple content creation formats, including HTML5, XML, and Adobe InDesign. To read more about PressRun support for InDesign, please see today's announcement about its compatibility with InDesign CS6.Financial terms of the transaction were not disclosed.About Mobile IQWith offices in London and Basingstoke in the United Kingdom and San Francisco in the United States, Mobile IQ has been at the cutting-edge of innovation in digital publishing for more than six years. The team has extensive background in enterprise mobile solutions and was responsible for developing the BBC News app, one of the most downloaded apps globally and the app that set the standard for news app design. Mobile IQ's flagship offering, PressRun is the cloud-based digital publishing solution that delivers innovative, interactive digital tablet experiences.PressRun uses HTML5, the next-generation Web language, to translate content for the iPad and iPhone, as well as for Android smartphones and tablets. Mobile IQ customers include The BBC, Time Inc., Metro, New England Journal of Medicine, Channel 4, and Top Gear. Metro recently won "App of the Year" at the UK Newspaper Awards 2012. In 2011, The BBC Good Food App won the PPA Data & Digital Publishing Award for "App of the Year," and United Business Media's Property Week Interactive Magazines won "Digital Edition of the Year."About QuarkFounded in Denver in 1981, Quark's vision was to create software that would lay the foundation for modern publishing. For 30 years, Quark has delivered on that promise. Quark's dynamic publishing solutions are setting new standards in automated cross-media publishing by combining the power of XML with flexible layout and design to automate the delivery of customized, intelligent communications across print, the Web, and digital media.Quark and the Quark logo are trademarks or registered trademarks of Quark Software Inc. and its affiliates in the U.S. and/or other countries. PressRun is a trademark of Mobile IQ Ltd. All other marks are the property of their respective owners.Contact:Sarah RectorQuark Software Inc.303-894-3753srector@quark.com
Caterpillar to Sell Majority Interest in Third Party Logistics Business to Platinum Equity
Home / News / Caterpillar To Sell Majority Interest In Third Party
Peoria, IL – Caterpillar Inc. today announced it has signed an agreement that would result in Platinum Equity acquiring a 65 percent equity stake in Caterpillar Logistics Services LLC, the third party logistics division of its wholly owned subsidiary, Caterpillar Logistics Inc. (Cat Logistics). The pending sale of the third party business supports Caterpillar's increased focus on the continuing growth opportunities in its core businesses. The overall transaction is valued at approximately $750 million. Under the terms of the agreement, Caterpillar would retain a 35 percent equity stake. Other terms are not being disclosed. The closing of the transaction is pending customary closing conditions including regulatory approvals and consultation with employees and employee representatives, in accordance with local, country and regional employment practices."The sale of the third party logistics business would be a key step in the execution of our enterprise strategy. This event enables Caterpillar to increase its focus on our core business that aligns with our strategic business model," said Stu Levenick, Caterpillar group president with responsibility for Customer & Dealer Support. "We believe the transaction with Platinum will set the third party logistics business on a path for continued growth and success."Over the past 25 years, the third party logistics business has provided outstanding logistics service to more than 50 customers worldwide in a number of different industries. As part of the agreement with Platinum, the third party logistics business will continue to provide logistics services for non Cat branded parts including FG Wilson, Perkins, Solar, as well as for Caterpillar Japan.Platinum Equity Partner Jacob Kotzubei said the investment is a perfect fit for Platinum given the firm's significant experience in executing carve-out transactions and operating logistics businesses."We have a lot of experience owning and operating businesses that provide complex supply-chain solutions," said Kotzubei. "We know what customers expect, and we share Cat Logistics' commitment to the highest levels of service and dependability.""We are excited about this opportunity to partner with Platinum Equity. We are confident we have chosen the right partner to focus on the third party logistics business and grow it to build long-term value," said Steve Larson, vice president of Caterpillar and chairman and president of Cat Logistics. "We also thank our third party logistics employees for their commitment and dedication, which has enabled Caterpillar's third party business to become a global leader in service parts logistics. As the transaction is finalized, we are committed to working closely with Platinum to ensure a seamless transition so customers continue to receive the high level of service and value they have come to expect."The proposed sale does not impact Caterpillar manufacturing logistics and transportation operations and Cat brand parts distribution; they will continue as core businesses within Cat Logistics. In fact, Caterpillar previously announced plans for a multiyear expansion and enhancement of the Cat parts distribution network, which, to date, has added over four million square feet of capacity in new parts distribution centers in the United States, Mexico and the United Arab Emirates.The transaction is expected to close in the third quarter of 2012.About CaterpillarFor more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2011 sales and revenues of $60.138 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.Forward-Looking StatementsCertain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and we do not undertake to update our forward-looking statements.Caterpillar's actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global economic conditions and economic conditions in the industries and markets we serve; (ii) government monetary or fiscal policies and infrastructure spending ; (iii) commodity or component price increases and/or limited availability of raw materials and component products, including steel; (iv) our and our customers', dealers' and suppliers' ability to access and manage liquidity; (v) political and economic risks and instability, including national or international conflicts and civil unrest; (vi) our and Cat Financial's ability to: maintain credit ratings, avoid material increases in borrowing costs, and access capital markets; (vii) the financial condition and credit worthiness of Cat Financial's customers; (viii) inability to realize expected benefits from acquisitions and divestitures, including the acquisition of Bucyrus International, Inc.; (ix) international trade and investment policies; (x) challenges related to Tier 4 emissions compliance; (xi) market acceptance of our products and services; (xii) changes in the competitive environment, including market share, pricing and geographic and product mix of sales; (xiii) successful implementation of capacity expansion projects, cost reduction initiatives and efficiency or productivity initiatives, including the Caterpillar Production System; (xiv) sourcing practices of our dealers or original equipment manufacturers; (xv) compliance with environmental laws and regulations; (xvi) alleged or actual violations of trade or anti-corruption laws and regulations; (xvii) additional tax expense or exposure; (xviii) currency fluctuations; (xix) our or Cat Financial's compliance with financial covenants; (xx) increased pension plan funding obligations; (xxi) union disputes or other employee relations issues; (xxii) significant legal proceedings, claims, lawsuits or investigations; (xxiii) compliance requirements imposed if carbon emissions legislation and/or regulations are adopted; (xxiv) changes in accounting standards; (xxv) failure or breach of IT security; (xxvi) adverse effects of natural disasters; and (xxvii) other factors described in more detail under "Item 1A. Risk Factors" in our Form 10-K filed with the SEC on February 21, 2012 for the year ended December 31, 2011. This filing is available on our website at www.caterpillar.com/secfilings.SOURCE Caterpillar Inc.
MegaPath Now the Largest National Operator of Ethernet Over Copper in the U.S.
Home / News / Megapath Now The Largest National Operator Of Ethernet Over
San Jose, CA – MegaPath Corporation, one of the leading providers of managed data, voice, and security services in North America, today announced that as a result of its latest build out of central offices across the country, it is now the largest provider of on-net Ethernet over Copper (EoC) services in the United States.MegaPath offers EoC on its network in 19 major markets and counting. Services are available in markets nationwide, including Los Angeles, New York, Washington D.C., Chicago, Dallas, Miami and San Francisco, reaching millions of businesses with symmetrical speeds up to 45 Mbps. Over the past year, MegaPath partners have broadened and continued to grow their businesses leveraging Ethernet as a viable alternative to T1 and Bonded T1 access. Ethernet delivers more bandwidth than traditional T1 or Bonded T1 services at a much lower cost."With the latest central office deployment, MegaPath has met its goal of becoming the single largest, national competitive operator of Ethernet over Copper in the country," said Brian Washburn, Research Director, Network Services, Current Analysis. "Beyond the traditional IP broadband services within its portfolio, MegaPath can offer more capacity at a lower price per bit, an attractive option for SMBs, distributed enterprises and MegaPath's wholesale partners, backed by strong service level agreements.""The SMB and enterprise markets are demanding more affordable ways to get high bandwidth and Ethernet is delivering a reliable and secure solution at a breakneck pace," said Dan Foster, President, Business Markets, MegaPath. "We are extremely proud of the investment we've made in our secure to the core network serving more than 235 metro markets throughout the United States. Our partners and customers can now truly offer and receive Internet access via a best-fit solution without sacrificing speed or reliability.""Our wholesale partners – both existing and new – have embraced MegaPath's broader rollout of Ethernet over Copper services," said David Williams, Senior Vice President, MegaPath Wholesale. "More than ever before, our partners can better target customers in the healthcare, media, professional services and education markets that leverage high bandwidth dependent applications."MegaPath plans to continue investing in its Ethernet network and will announce new markets for Ethernet over Copper throughout 2012. For more information on MegaPath's EoC services, visit http://www.megapath.com/data/ethernet/product-spotlight.About MegaPathMegaPath Corporation operates one of the largest end-to-end communications networks in the country, providing both commercial and wholesale services. The company provides a full range of data, voice, and security services for small, medium, and enterprise businesses nationwide, as well as wholesale solutions to the carrier and service provider markets through one of the largest end-to-end networks in the country. MegaPath helps businesses easily and securely communicate between their headquarters, employees, and business partners to lower costs, increase security, and enhance employee productivity. To learn more about MegaPath's managed IP data, voice, and security services, please visit www.megapath.com.Media Contact:Tony WelzWelz & Weisel Communications703-877-8101tony@w2comm.com
Ryerson Announces New Illinois Service Center
Home / News / Ryerson Announces New Illinois Service Center
Chicago, IL – Ryerson Inc., one of the leading processors and distributors of metals in North America, with global operations in North America, China and Brazil, today announced that it will open a new bar processing depot and full line service center in DeKalb, Illinois. The 150,000-square-foot facility is expected to begin operations in June 2012."This new facility is a platform for serving our customers' growing demand for the bar market in the Midwest. The expanded capabilities combined with the strategic location and logistical access to suppliers and customers, will allow us to remain a leading source to serve our customers," said Michael Burbach, President of Ryerson Midwest.Jeff Redfield, General Manager of Ryerson Illinois/Missouri added, "The new DeKalb location will complement the existing full-line facilities in Burns Harbor, IN and St. Louis, MO by improving our service to customers in the center of Illinois and increasing our breadth of inventory in bar to all customers. This investment follows the recent opening of the plate processing facility in Eldridge, IA and further enhances our industry-leading offering of inventory and services."About Ryerson Inc.Ryerson Inc., a Platinum Equity company, is a leading North American processor and distributor of metals, with operations in the United States, Mexico, Canada, China and Brazil. The Company distributes and processes various kinds of metals, including stainless and carbon steel and aluminum products.
American Commercial Lines Expands Liquid Cargo Fleet with Purchase of Eight 20,000 Barrel Capacity Tank Barges
Home / News / American Commercial Lines Expands Liquid Cargo Fleet With
Jefferson, IN – American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc., a subsidiary of Exxon Mobil Corporation.The purchase will expand ACL's fleet of 325 tank barges, which transport liquid cargoes, including chemicals, petroleum, and renewable fuels throughout the U.S. inland waterway system. The company operates the nation's second largest tank barge fleet and the third largest dry cargo fleet."This expansion of our fleet enables us to meet shippers' needs for mid-range capacity tank barges and underscores ACL's long-term commitment to our liquids business," Dan Jaworski, ACL's Vice President Liquid Sales, commented. "As an added benefit, these tank barges were built by Jeffboat, adding quality, as well as capacity, to our liquids fleet."Bob Blocker, ACL's Senior Vice President Sales and Customer Service, added, "ACL is focused on strategic growth of our liquids business, and the addition of the 20,000 barrel capacity tank barges to our fleet provides the potential for entry into new markets."ACL was acquired by Platinum Equity in December 2010 and has been working closely with Platinum's M&A team to identify and pursue growth opportunities."ACL is a fundamentally strong business that is well positioned for growth, both organically and through add-on acquisition," said Louis Samson, the Partner at Platinum who led the acquisition of ACL. "We fully support ACL's strategic initiatives and will continue seeking out new opportunities to expand."About American Commercial LinesAmerican Commercial Lines Inc. is an integrated marine transportation service company owned by Platinum Equity and operating in the United States Jones Act trades. The Company is headquartered in Jeffersonville, IN, has approximately 2,200 employees and operates a fleet of approximately 120 tow boats and 2,300 barges. The Company is the direct parent of Commercial Barge Line Company. For more information about American Commercial Lines Inc., visit www.aclines.com.Contact:Kim DurbinManager Corporate CommunicationsAmerican Commercial Lines812.288.1915
Wheel Pros Brand, Motegi Racing, Custom Designs Technomesh GT Wheels for Lotus AJR Evora GT
Home / News / Wheel Pros Brand Motegi Racing Custom Designs Technomesh Gt
As reported on the Motegi Racing website, Alex Job Racing's Lotus Evora GT #23 will ride exclusively on Motegi Racing Wheels in the 2012 season. Motegi Racing is a brand of Platinum Equity portfolio company Wheel Pros. Motegi designs and engineers advanced performance wheels for vehicles on both racetrack and street.Motegi engineers custom designed a Technomesh GT wheel specifically for the Lotus Evora GT that performs at high expectations in aesthetics and speed."We count on our teams to help us make the best wheels we can," said Jody Groce, president of Wheel Pros. "We're pleased to join the Alex Job Racing organization in 2012."Full article >>
NFL Draft Picks Stay Dedicated to Schutt Helmet Brand
Home / News / Nfl Draft Picks Stay Dedicated To Schutt Helmet Brand
As reported on WCTV.tv, the 2012 NFL Draft picks will show their loyalty to Schutt Football Helmets, a steadfast brand amongst players. Platinum Equity portfolio company Schutt Sports is among the largest football helmet manufacturers in America, holding a significant percentage of the youth, collegiate, and professional football markets.Players will express their confidence in the Schutt brand by donning the helmets during the draft and plan to wear them in Sunday afternoon games. "I've always been comfortable in a Schutt helmet," said former Georgia Bulldog Brandon Boykin. "It protects my head and it feels good."Schutt Sports offers a wide range of sports gear specializing in protection and comfort, using many of the same materials used by the US military in their safety gear.Full article >>
DoubleTree by Hilton Carson in South Bay of Los Angeles Celebrates Completion of Multi-Million-Dollar, Hotel-Wide Transformation
Home / News / Doubletree By Hilton Carson In South Bay Of Los Angeles
Carson, CA - The DoubleTree by Hilton Carson, located at the crossroads of the South Bay in greater Los Angeles, has completed a multi-million hotel transformation project, which includes comprehensive upgrades throughout the hotel's guest rooms, public areas, function space and dining outlets. Centrally located within a 25-minute drive of downtown Los Angeles and Long Beach, the hotel is a proud sponsor of the Home Depot Center Sports and Entertainment Complex (home of the LA Galaxy and U.S. National Soccer Team), which is located less than two miles from the hotel."The comprehensive makeover of the DoubleTree by Hilton Carson refreshes our hotel with a cool, contemporary and inviting look and feel for our guests," said Larry Saward, hotel general manager. "Our team members are more excited than ever before to share our new look, new energy and new vision to create a rewarding and memorable hotel experience for both visitors and residents alike.Purchased in 2010 through a partnership with Platinum Equity, Ensemble Investments implemented a strategy with DoubleTree by Hilton to retain the franchise and re-license the DoubleTree by Hilton Carson by implementing a comprehensive renovation and change in management company. Urgo Hotels has managed the hotel successfully throughout the hotel refurbishment project, since 2010. The DoubleTree by Hilton Carson is operated under a franchise license agreement with a subsidiary of Hilton Worldwide. The 225-room DoubleTree by Hilton Carson, was redesigned by HFS Concepts 4, who developed a plan that improved the guest experience in all aspects of the hotel. The new design of the guest rooms at the DoubleTree by Hilton Carson focuses on contemporary sophistication and functionality. With a fresh and modern look, the clean lines are accented with rich colors, bold patterns and tactile textures. The guestrooms received a completely new contemporary and comfortable guestroom furniture and finishes package, including 37" high definition televisions. The guest room upgrades complement the completion of the DoubleTree by Hilton Carson lobby and public areas. New lobby furnishings, carpeting, wall covering and window treatments create a relaxing and inviting setting for reading, working on a laptop or meeting with colleagues. Incredibly simple, but surprisingly sophisticated, the redesigned lobby is a refreshing gathering place for guests and visitors.The hotel's meeting and banquet rooms, along with the hotel restaurant, have been greatly improved to welcome guests for great lunches, dinners, banquets, meetings and receptions of 10 to 500 guests. More than 5,600 square feet of meeting space has been upgraded and outfitted with cutting-edge technology. The restaurant has been redesigned to offer superior breakfast, lunch and dinner service in a casual, yet sophisticated setting. The bar has been transformed and now opens up to the lobby to create a more dynamic experience and better access. .Guests also will find an expanded patio lounge with a new fire pit and landscaping at poolside. And a new fitness center with the latest in Precor weighttraining and cardio equipment now welcomes guests with great workouts at the beginning or end of a busy day.The DoubleTree by Hilton Carson is just a short drive away to many of Southern Calfornia's most popular attractions. For information or to make reservations at the DoubleTree by Hilton Carson, please contact your travel professional, call the hotel directly at +1 310 830 9200 or visit the hotel's website at www.carson.doubletree.com.Contact:Janet KeeneDoubleTree by Hilton Carsonjanet.keene@hilton.com+1 310 830 9200Thomas WinghamDoubleTree by Hilton Global Brand Public Relationsthomas.wingham@hilton.com+1 703 883 5315
Platinum Equity Completes Acquisition of DMS Health Technologies
Home / News / Platinum Equity Completes Acquisition Of Dms Health
Los Angeles, CA – Platinum Equity announced today that it has completed the acquisition of DMS Health Technologies from Otter Tail Corporation. Platinum did not disclose terms of the agreement."We are excited about the potential for DMS Health Technologies and look forward to helping the company evolve and continue to thrive under Platinum's ownership," said Brian Wall, the partner at Platinum Equity whose team is leading the DMS acquisition.DMS Health Technologies provides mobile, interim, and fixed-site diagnostic imaging solutions to hospitals, clinics, and other medical providers, including MRI, CT, PET/CT, nuclear medicine, and digital mammography systems. The company also sells and services Philips Medical diagnostic imaging and monitoring equipment in the upper Midwest region and sells and rents refurbished medical equipment."Platinum Equity's acquisition of DMS Health Technologies comes at a critical juncture for the company and we are very excited about the operational expertise that Platinum brings to the table," said DMS Health Technologies CEO Paul Wilson. "With Platinum's support we will continue delivering high-quality solutions and exceptional customer service to the medical device and imaging marketplace."Mr. Wall noted that a Platinum operations team is already working on site with the DMS management team."Platinum has been successfully managing corporate divestitures for more than 15 years," said Mr. Wall. "We have the experience and resources necessary to ensure a seamless transition."About Platinum Equity Platinum Equity (www.platinumequity.com) is a global M&A&O® firm specializing in the merger, acquisition, and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, logistics, metals services, manufacturing, and distribution. Since its founding in 1995 by Tom Gores, Platinum Equity has completed over 130 acquisitions.About DMS Health Technologies DMS Health Technologies, a Platinum Equity company, specializes in delivering products and services to the healthcare industry. DMS Health Technologies is a distributor of Philips Healthcare diagnostic imaging equipment and patient monitoring equipment in the upper Midwest; sells supplies and accessories, and reconditioned equipment, ultrasound and biomedical and diagnostic imaging parts nationwide. DMS Health Technologies also provides mobile, interim and fixed-site diagnostic imaging solutions (MRI, CT, PET/CT, Nuclear Medicine, Ultrasound, Cardiac/Angio, Bone Densitometry and Digital Mammography) across the United States; and diagnostic imaging equipment service in the upper Midwest. For more information about DMS Health Technologies, visit www.DMSHealthTechnologies.com.
