LRG, a Mad Engine brand division, launches its first sustainable capsule to honor Earth Day
LRG, a brand division of Mad Engine, launched its first sustainable capsule in April to honor Earth Day 2023. In the fashion industry, a capsule is a limited-edition apparel collection that correlates with an important moment or event. LRG’s Earth Day capsule utilizes organic cotton and recycled materials. The initiative is part of Mad Engine’s […]
Solenis’ newest European facility shows company’s commitment to R&D
MÖNCHENGLADBACH, Germany – On a sunny day in west Germany, Solenis officially welcomed its newest research and development facility with a ribbon-cutting ceremony. Witnessed by a cheerful audience of C-suite executives, employees and local government officials, Solenis CEO John Panichella and Chief Sustainability Officer Lotta Kanto Öqvist did the honors in officially christening the $5 […]
Platinum Equity Co-President Jacob Kotzubei talks importance of creativity, ability to ‘meet the moment’ at Milken Institute Global Conference
Platinum Equity executive Jacob Kotzubei was invited to participate in a panel discussion during the recent 26th annual Milken Institute Global Conference. Kotzubei joined a lineup of prominent investment bankers, institutional investors, celebrities like hip-hop pioneer Snoop Dogg and politicians like U.S. Senator Joe Manchin at the bipartisan think tank’s annual gathering to promote progress […]
Yahoo News highlights Securus Technologies program that gives the incarcerated community access to college degrees
In 2016, Securus Technologies created its Lantern program for corrections to provide incarcerated students access to a college education. The platform partners with colleges and universities to deliver postsecondary digital education services to seven state department of corrections programs with nine schools around the country. Nearly 8,000 students were enrolled this past fall, and 1,000 […]
Platinum Equity to Acquire JELD-WEN Australasia Windows and Doors Business
LOS ANGELES, April 16, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. (NYSE: JELD) for approximately $461 million. The transaction is expected to close in the third quarter of 2023, subject to certain closing conditions […]
Platinum Equity Acquires Majority Share of Tarter Farm and Ranch Equipment
LOS ANGELES, April 3, 2023 — Platinum Equity announced today the acquisition of a majority interest in Tarter Farm and Ranch Equipment from affiliates of the company’s founders. The Tarter family remains a minority shareholder. Financial terms were not disclosed. Founded by the Tarter family in 1945 as the Tarter Gate Company, the business has […]
How Jostens is assisting Tunnel to Towers in helping first responders, military veterans
On 9/11, firefighter Stephen Gerard Siller was on his way to play golf when he heard the news a plane hit the North Tower of the World Trade Center. Siller immediately drove his truck to the entrance of the Brooklyn Battery Tunnel. He strapped 60 pounds of gear to his back and raced almost two miles […]
Diversey to be Acquired by Solenis for $4.6 Billion
Diversey Public Shareholders to Receive $8.40 Per Share in Cash in “Go Private” Transaction Combined company will allow for expanded markets and additional sustainable solutions WILMINGTON, Del. and FORT MILL, S.C. – March 8, 2023 – Solenis (“Solenis”) and Diversey Holdings, Ltd. (“Diversey” or the “Company”) (NASDAQ: DSEY) today announced they have entered into a […]
Jacob Kotzubei and Louis Samson Appointed Co-Presidents of Platinum Equity
LOS ANGELES (March 2, 2023) – Platinum Equity announced today that veteran dealmakers Jacob Kotzubei and Louis Samson have been appointed co-presidents of the global investment firm. The two will continue to report to Platinum’s Founder and CEO Tom Gores. Mr. Kotzubei and Mr. Samson, each with more than 25 years of M&A experience, are […]
Platinum Equity Announces Completion of HarbisonWalker International Acquisition
HWI and Calderys to join forces, creating a global refractories provider with a comprehensive product portfolio and expanded reach LOS ANGELES (February 20, 2023) – Platinum Equity announced today that the previously announced acquisition of HarbisonWalker International (HWI) by way of a merger agreement, has been completed. HWI is a supplier of refractory products and […]