Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

Acument Global Technologies

Manufacturing • Corporate Divestiture • Acquired in August 2006

Manufactures fastening and assembly systems for the automotive and aerospace industries.

Video: Inside the Platinum Portfolio. Acument supplies top automotive and aerospace customers throughout the Americas. A brief look at one of its manufacturing facilities in Michigan.


FEATURED VIDEO INTERVIEWS

  • Investing in the Future of Acument: Executives from Acument and Platinum Equity discuss investments made at Acument to strengthen the company's operations. Watch Video »
  • Navigating the Economic Crisis with Acument: The global downturn acutely affected Acument and its automotive customers, but swift action helped the company endure and ultimately grow. Watch Video »

KEY FACTS

  • Manufacturing facilities and distribution centers in the United States, Mexico, and Brazil
  • Over 2,100 employees worldwide
  • Manufactures over 60 million parts every month
  • Over 40,000 individual products, including some of the longest-standing and brand names in the industry such as  Camcar®, Flexalloy, Ring Screw, and Mapri
  • Global supplier to top automotive and aerospace customers, in addition to customers in the defense and heavy truck industries

INITIATIVES

  • In 2006, established as a standalone enterprise with new systems, infrastructure, and branding
  • In 2008, acquired Saturn Fasteners in Burbank, CA to re-enter the aerospace fasteners market
  • In 2009, withstood global economic crisis by focusing on capital management and customer relationships
  • In 2010, reopened a mothballed facility in Holly, Michigan and focused on growth of core fastener businesses as automotive and aerospace markets rebounded
  • In 2011, opened a state-of-the-art greenfield facility in Atibaia, Brazil

NEWS

updated 11/11
"This transaction is a win-win for all parties. Platinum Equity gains a world-class business, including the most advanced fastening technologies on the market, while we make an important shift in our portfolio." Lewis B. Campbell, Chairman, President & CEO, Textron
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