Platinum Equity’s Credit Team Provides Term Loan to RELAM to Support Company’s Growth

A bright yellow RELAM railway maintenance machine sits on train tracks under a blue sky with scattered clouds | Platinum Equity

LOS ANGELES, Aug. 15, 2023 — Platinum Equity announced today it provided a Second-Lien Term Loan (“Term Loan”) to Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance existing indebtedness and support future growth of the business. RELAM is a well-known provider of specialty rental equipment for recurring, regulatory-driven maintenance-of-way (“MOW”) work on railroads, serving […]

Platinum Equity Completes Acquisition of Horticultural Container Manufacturer HC Companies

ChatGPT said: Potted plants with red flowers and green leaves are arranged on outdoor brick steps, alongside empty pots, black trays, a metal hand trowel, and a green watering can in the background. | Platinum Equity

LOS ANGELES, August 3, 2023 — Platinum Equity announced today that the acquisition of The HC Companies, a leading North American manufacturer of horticultural containers, has been completed. Financial terms were not disclosed. Headquartered in Twinsburg, Ohio, HC operates six manufacturing locations and distribution centers in the US and Canada. The company produces a wide […]

Platinum Equity Credit Team Announces Financing to Support Acquisition of Tom Barrow Company

worker managing equipment | Platinum Equity

LOS ANGELES, July 25, 2023 — Platinum Equity announced today it provided an unsecured term loan to the Tom Barrow Company in connection with Ardian’s recent acquisition of a majority stake in the business. Tom Barrow is a leading supplier of design-assist engineering and manufacturers’ representation services to the commercial HVAC industry across healthcare, life […]

Platinum Equity to Acquire Horticultural Container Manufacturer HC Companies

window with flower pot and plants around it | Platinum Equity

LOS ANGELES, July 17, 2023 — Platinum Equity announced today the signing of a definitive agreement to acquire The HC Companies, a leading North American manufacturer of horticultural containers. Financial terms were not disclosed. The transaction is expected to close in the next several weeks, subject to certain closing conditions. Headquartered in Twinsburg, Ohio, HC […]

Platinum Equity, Solenis executives: Diversey merger creates broader, more global platform

two scientists and a man in suite with protective eye gear looking at lab equipment | Platinum Equity

Announced earlier this year, Solenis has formally acquired Diversey in an all-cash transaction valued at $4.6 billion. Headquartered in Wilmington, Del., Solenis is a global manufacturer of specialty chemicals used in water-intensive industries. Platinum Equity acquired Solenis in 2021. Diversey is a global provider of hygiene, infection prevention and cleaning solutions based in Fort Mill, […]

Solenis Completes Acquisition of Diversey for $4.6 Billion

scientist sampling from a rack of test tubes | Platinum Equity

Deal combines two industry leaders in adjacent but highly complementary markets WILMINGTON, Del. (USA) — Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a […]

Platinum Equity Acquires JELD-WEN Australasia Windows and Doors Business

image of a modern building | Platinum Equity

LOS ANGELES, July 2, 2023 — Platinum Equity announced today that the acquisition of the JELD-WEN Australasia windows, doors and related building products business from JELD-WEN Holding, Inc. for approximately $461 million has been completed. “We are pleased to have provided a divestiture solution to JELD-WEN as the company continues to streamline and simplify its […]