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Platinum Equity Provides Investment Solution for Founder-Owned Tarter

Photo depicting a farmer opening a red gate while a tractor lifts a cylindrical bundle of grass. | Platinum Equity

Tarter Farm and Ranch Equipment is a well-known brand that provides mission-critical products for farmers and ranchers in the U.S. The company is also the latest example of Platinum Equity providing a divestiture solution for a founder-owned company. Following similar acquisition paths as current portfolio companies like L&R, Arrow International and Hop Lun, Tarter also […]

Club Car Provides Solar Vehicles at Ryder Cup – an Event First

The image shows a two cars parked next to a sign that says "WELCOME." | Platinum Equity

Club Car provides fleet of solar-powered vehicles at the Ryder Cup for the first time in event history For the first time in Ryder Cup history, most of the event fleet cars were solar powered. And Club Car, the Georgia-based golf cart and utility vehicle manufacturer, provided the vehicles. Club Car shipped and assembled a […]

Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Interest Partner, Accelerating Long-Term Growth Strategies for both Organizations

three kohler generator machines | Platinum Equity

Standalone business providing energy resilience solutions expected to benefit from Platinum Equity’s carve-out experience and operational expertise   LOS ANGELES (Nov. 6, 2023) – Kohler Co. today announced the strategic decision to set Kohler Energy up as a separate, independent business with Platinum Equity engaged as the majority investment partner. Kohler will continue to stay […]

Platinum Equity Races for Malibu Triathlon, CHLA Cancer Fight

Image of a man wearing running outfit in a malibu run out event | Platinum Equity

MALIBU, Calif. – Platinum Equity associate Lindsay Saldebar knows firsthand the impact Children’s Hospital Los Angeles has on the community. That’s why when she learned that Platinum Equity’s annual involvement in the Malibu Triathlon helps to raise money for the hospital, she just had to participate. “My (family member) was treated at Children’s Hospital at […]

Platinum Equity to Acquire Co-Controlling Stake in US LBM

Aerial view image of a huge warehouse | Platinum Equity

Platinum Equity and Existing Investor Bain Capital to Have Equal Ownership and Shared Commitment to Support Company’s Evolution as the Most Trusted Partner to Builders Across the Country   LOS ANGELES (October 16, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a co-controlling stake in US LBM, a leading […]

Platinum Equity to Acquire Majority Interest in the Cook & Boardman Group from Littlejohn

Close-up of a hand holding a white key card near an electronic access control reader mounted on a wall, with green indicator lights illuminated. | Platinum Equity

LOS ANGELES (September 29, 2023) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority interest in The Cook & Boardman Group (“Cook & Boardman” or “C&B”) from Littlejohn & Co., LLC (“Littlejohn”). Littlejohn will remain a significant minority shareholder. Financial terms of the transaction were not disclosed. Established in […]

Platinum Equity Delivers Speed, Certainty on Calderys, HWI Deals

Two men wearing safety vest and hard hat in a construction site | Platinum Equity

By offering a creative financing solution for the combined consideration of $1.2B and by negotiating advantageous contractual terms, Platinum navigated a challenging M&A market to create a platform poised for additional growth and investment. In a matter of 20 days, Platinum closed a €930m EV carveout deal for the refractories business of French-headquartered corporate Imerys, […]

HWI’s $35M Renovation of Alabama Plant ‘Remarkable’ Story

Inside a large industrial warehouse, an American flag hangs prominently from the high metal-beam ceiling. Workers in safety vests operate yellow forklifts, some in motion creating a blurred effect, while others walk along the wide central aisle. The expansive space is lined with machinery, overhead lighting, and structural supports, with tracks embedded in the concrete floor. | Platinum Equity

FAIRFIELD, Ala. – The shuttered plant was in rough shape. During a 2021 visit to check the condition of the idled plant, which once manufactured refractory products used for aluminum production, HarbisonWalker International representatives Kevin Ballard and Jason West came upon a scene where Mother Nature was winning. Ballard, vice president of operations and engineering, […]

Michigan announces Cabinetworks Group adding 110 jobs, relocating corporate headquarters to Detroit suburb

A modern kitchen with white upper cabinets, dark gray lower cabinets, a wooden island with two stools, pendant lights above, and a view of a mudroom with wooden cubbies in the background | Platinum Equity

Michigan officials announced recently that Cabinetworks Group will add 110 corporate and professional services jobs while moving its headquarters from Ann Arbor, Mich., to a nearby Detroit suburb. Gov. Gretchen Whitmer and the Michigan Economic Development Corporation said the cabinet manufacturer plans to “centralize corporate functions to better serve its customer base and to attract […]