Club Car president discusses company’s future as a ‘lifestyle brand’

EVANS, Ga. – Queen Elizabeth’s mode of transportation recently at the Royal Horticultural Society’s Chelsea Flower Show drew considerable media attention. At the age of 95, she was driven in a $75,000, state-of-the art golf cart with all-weather capability. The cart came equipped with cream leather seats with reclining capability. Cup holders, a heated windscreen […]

How Ball Metalpack $1.35 billion divestiture shows Platinum Equity can be a ‘trusted partner’ to corporate sellers

Stakeholders give insight into how good relations and trust are vital when it comes to corporate partnerships When Platinum Equity and Ball Corporation sold Ball Metalpack to Sonoco for approximately $1.35 billion, it marked a successful exit for a Platinum-sponsored partnership with a corporate seller. The sale came after a comprehensive three-year transformation program where Ball Metalpack, the […]

Solenis To Acquire Clearon Corp. and Combine Pool Businesses

Acquisition will expand Solenis’ product offering and strengthen its ability to supply cost-effective, sustainable solutions for recreational pool and spa customers, providing clean, clear, safer water.   WILMINGTON, Del. and SOUTH CHARLESTON, W.Va. (USA) — Solenis and Clearon Corp. have announced that Solenis has entered into a definitive agreement to acquire Clearon. This acquisition will […]

How Game Taco CEO’s ‘passion play’ lands significant partnership with FanDuel

With engaging games like Grand Slam Superstar, Wheel of Fortune on FanDuel app, Game Taco aiming to grow ‘an audience in really a revolutionary way’ Grand Slam Superstar has a prominent location, tucked in the right corner, when the FanDuel Faceoff app is fully loaded on an iPhone. As the name implies, Grand Slam Superstar […]

Platinum Equity to Acquire High Temperature Solutions Business from Imerys for €930 Million

Proposed Carveout from Paris-based Specialty Materials Leader Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and PARIS (July 28, 2022) – Platinum Equity today announced that it has entered into exclusive negotiations to acquire Imerys SA’s High Temperature Solutions business (HTS) in a transaction valued at approximately €930 million. The proposed transaction, which […]

Peli Products Germany GmbH Acquires Manufacturing capabilities in Germany

The purchase accelerates its Expansion Strategy with further manufacturing capacity for the European markets Barcelona – July 18, 2022 — Peli Products Germany GmbH, a subsidiary of Pelican Products, Inc., the global leader in the design and manufacture of high-performance protective cases, temperature-controlled packaging solutions and advanced portable lighting systems, announces the acquisition of HVB […]

Platinum Equity to Acquire Majority Interest in Global Intimate Apparel Company Hop Lun

Investment in Hong Kong-based lingerie and swimwear company led by Platinum’s Singapore investment team LOS ANGELES and SINGAPORE, June 20, 2022 — Platinum Equity announced today the signing of a definitive agreement to acquire a controlling stake in international fashion lingerie and swimwear company Hop Lun from company founder Erik Ryd. Financial terms were not […]

Solenis’ ‘commitment to people, resilient culture’ receives WSJ recognition

When Platinum Equity announced the $5.25 billion acquisition of Solenis, the firm was highly complementary of the water treatment chemistry company’s leadership. “It is an exceptionally well-run organization with an outstanding management team and a service-oriented culture,” Platinum Equity Partner Jacob Kotzubei said when the definitive agreement was announced last summer. “We believe in the […]

Platinum Equity CEO Tom Gores pledges $100 million to build national charitable organization during appearance at Mackinac Policy Conference

During Q&A session with NBC Sports broadcaster Mike Tirico, Gores discusses Platinum origins, civic engagement, diversity goals and philanthropy:  ‘We’re just scratching the surface’ MACKINAC ISLAND, Mich. – The chat began with a light-hearted exchange expressing hope the Detroit Pistons reach the NBA Finals in the near future. It ended with applause from an audience […]