Amid headwinds for strategic buyers, Platinum offers speed and certainty in carveout with complex add-on deal
By offering a creative financing solution for the combined $1.2B EV transaction, Platinum was able to close 2 deals creating synergies and a platform poised for meaningful investment and growth. In a matter of 20 days, Platinum closed a €930m carveout deal for the refractories business of French-headquartered corporate Imerys, plus the transformative add-on of […]
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 […]
Year In Review: Platinum Equity marks an impactful 2022 with new platforms, 61 add-ons, ESG strides and philanthropic outreach
After a record-breaking 2021 for M&A, deal activity slowed globally in 2022. The reasons for the slowdown are well-reported, but it was still a landmark year for Platinum Equity and its portfolio companies. There were transactions in Europe, a result of Platinum Equity’s commitment to the continent. There were significant exits. There was another example […]
Aventiv leadership tells Axios-sponsored panel discussion that access to technology can reduce recidivism
Aventiv Technologies CEO Dave Abel and advisory board chairwoman Teresa Hodge told Axios that access to technology can help reduce recidivism and improve outcomes for the incarcerated community. The two Aventiv representatives took part in an Axios-sponsored panel discussion for an online audience of policy makers. Abel, who was appointed CEO in 2020, said: “Aventiv […]
Statement From Aventiv Technologies on the Martha Wright-Reed Just and Reasonable Communications Act of 2022
“We support the legislation and believe it is long overdue for our industry to stop fighting with reform-minded legislators and regulators. Instead, we have adopted a more collaborative approach that balances the needs of the incarcerated individuals and their families who use and pay for our services, and the corrections agencies that contract for them. […]
Post 
In 
Email 
Copy link