How one educator’s use of McGraw Hill’s ALEKS technology helps her students succeed at math
Four years ago, Cece Jacobs was a first-year junior high math teacher in an Arizona school district. As a young teacher, she was seeking ways to engage students in math. That’s when she started using ALEKS, an AI-driven online learning program from McGraw Hill, an education company acquired by Platinum Equity last year. “The beauty of […]
Platinum Equity Acquires Majority Interest in Global Apparel Company Hop Lun
Investment in Hong Kong-based undergarment and swimwear company led by Platinum’s Singapore investment team LOS ANGELES and SINGAPORE, September 30, 2022 — Platinum Equity announced today that the acquisition of a controlling stake in international apparel company Hop Lun from company founder Erik Ryd has been completed. Financial terms were not disclosed. Founded by Mr. […]
How acquisition of apparel company Hop Lun is an example of Platinum Equity’s ability to ‘win over’ founder-owned companies
Platinum Equity’s decision to acquire a majority interest in Hop Lun, a global apparel company, is noteworthy for many reasons. Hop Lun is Platinum Equity’s fourth platform deal and first foray into the apparel business in Asia. It’s currently the fourth apparel company in Platinum Equity’s portfolio. The acquisition is also another instance of Platinum […]
How commitment and resources drive Platinum Equity’s European momentum
The ability to execute European-headquartered global, pan-European, and domestic complex deals speaks to Platinum Equity’s commitment and deployment of resources in Europe. With the early 2022 acquisition of Leaders Romans Group, a UK-based property service firm, Platinum’s European portfolio includes: Spain-headquartered global environmental services leader Urbaser and global frozen seafood company Iberconsa, European vacation rentals […]
Why Platinum Equity likes ‘high velocity M&A’ opportunity in UK property services market
Acquisition of Leaders Romans Group amplifies European momentum because of its place in the UK property market In early March, residential property letting company Leaders Romans Group announced the acquisition of Northfields Holdings, the first acquisition for United Kingdom-based LRG under the Platinum Equity umbrella. Since that acquisition, LRG has acquired SPL Property Management, GSC […]
Why Detroit Pistons owner and Platinum Equity founder Tom Gores hopes basketball camps can be ‘foundation of success’ for kids
Jeremiah West was eager to volunteer at the five-day basketball camp recently held in the Petosky-Otsego neighborhood in Detroit. He fondly remembers when he was taught to play by older kids as a youth. “The camp keeps the kids active and teaches them the fundamentals of basketball,” West said of the early August camp that […]
Aventiv Technologies Launches New Website Dedicated to Providing Information, Resources, and Support to Families and Friends of Incarcerated Individuals
“This new site is part of Aventiv’s larger transformation to better serve the families and friends who support their incarcerated loved ones” – Dave Abel, Aventiv CEO DALLAS, August 23, 2022 — Aventiv Technologies, the leading corrections technology company driving efforts to better serve incarcerated individuals through rehabilitative justice, today announced the launch of a website dedicated […]
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 enable […]
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