Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation
EAST YORK, Pa. — Some things just came naturally to Jackson Lau. Take math. For years, he cruised through the subje...
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Press Releases • May 02, 2025
Platinum Equity's Credit Team Leads Refinancing for Impact Climate Technologies
Incumbent lender Platinum steps up again with new financing solution to support ICT’s continued growthLOS ANGELES (April 30, 2025) – Platinum Equity announced today it led a financing for Impact Climate Technologies to refinance its existing indebtedness and support future growth of the business. ICT is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across data center, healthcare, life sciences, education, government, industrial and other commercial end markets. ICT offers a comprehensive range of HVAC product...
Read moreMay 02, 2025
$50K in Scholarships, Food Drive Highlight Platinum Equity’s JRLA Mentorship Outing
DETROIT – Boxes of milk cartons, bread, fresh tomatoes and other kitchen staples were piled high outside Jalen Rose Leadership Academy on a cold Wednesday morning in early March. As dozens of cars lined up outside the high school for the weekly food drive sponsored by Forgotten Harvest, a Detroit-based nonprofit fighting food insecurity, the student volunteers were joined by some of their Platinum Equity mentors. Together, the group laughed, shared stories and helped load groceries into cars. The volunteer event was an outgrowth of the Platinum Equity-sponsored mentorship program for J...
Read morePress Releases • April 16, 2025
Platinum Equity Supports Proposed Recapitalization Agreement at Aventiv Technologies
LOS ANGELES (April 16, 2025) – Platinum Equity confirmed today that it and other financial stakeholders have reached agreement to recapitalize Aventiv Technologies via an out-of-court debt-for-equity exchange. If approved by relevant regulatory agencies, the agreement, announced today, will facilitate Platinum’s long-anticipated divestiture of the business as Aventiv transitions to new ownership upon close of the transaction. In March 2024, Platinum initiated a process to evaluate strategic alternatives for Aventiv, which has been significantly transformed under Platinum’s ownershi...
Read moreApril 16, 2025
Why Platinum Equity Portco McGraw Hill Accelerated Its Digital Transformation
EAST YORK, Pa. — Some things just came naturally to Jackson Lau. Take math. For years, he cruised through the subject with ease, but then came fourth grade, and with it, geometry. Suddenly, math wasn’t so simple anymore. His mother, Amy, watched as her son wrestled with tricky concepts like measuring angles and calculating the area of a shape. She worried that his confidence as a learner might waver. But it didn’t. A couple years ago, Wrightsville Elementary was one of two schools in the Eastern York (Pa.) School District to implement a suite of McGraw Hill digital tools that...
Read moreApril 04, 2025
Platinum Equity's Club Room Conversation Highlights Firm's Female Leaders
BEVERLY HILLS, Calif. – To recognize Women’s History Month, Platinum Equity recently gave employees an opportunity to hear from five female executives in what will hopefully be the first in a series of conversations where senior executives provide insight and advice for ways to grow within the firm. Held in Platinum Equity’s Club Room, the idea is to tap the minds of the firm’s diverse leadership to engage with employees for a shared learning experience. Partner/Global CFO Mary Ann Sigler, M&A Global Head of Ops Partner Stephanie Barter, M&A Execution Senior VP Katherine ...
Read morePress Releases • March 24, 2025
McGraw Hill Acquires Essaypop, Strengthening its Portfolio of Digital Literacy Tools
Interactive, Research-based Writing Solution Will Enhance McGraw Hill’s Personalized Learning Capabilities for K-12 COLUMBUS, Ohio (March 24, 2025) – McGraw Hill, a leading global education company, announced the acquisition of Essaypop, an interactive, cloud-based writing solution built by teachers to demystify writing in a way that is user-friendly and intuitive for both educators and students. “The Essaypop acquisition further supports McGraw Hill's personalized learning capabilities and transformation into a global provider of digital learning solutions. This is another strat...
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