Sale of PAE to Amentum Completes Platinum Equity’s Exit of Mission-Critical Solutions Provider

Investment helped establish Platinum’s playbook in government services sector where firm seeks new opportunities to put capital to work LOS ANGELES (February 15, 2022) — Platinum Equity confirmed today that following the approximately $1.9 billion sale of PAE Incorporated to an affiliate of Amentum Government Services Holdings LLC that closed this morning, the firm has fully […]

Platinum Equity and Ball Corporation Complete Sale of Ball Metalpack to Sonoco for $1.35 Billion

LOS ANGELES and WESTMINSTER, Colo., January 27, 2022 — Platinum Equity announced today that the sale of Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion has been completed. Ball Metalpack, based in Broomfield, Colorado, manufactures sustainable steel containers for aerosol products, food, household consumables, pet food, nutritional and other […]

Platinum Equity to Acquire Leaders Romans Group

Acquisition of UK Property Services Business Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES (January 24, 2022) – Platinum Equity announced today the signing of a definitive agreement to acquire Leaders Romans Group (‘LRG’), one of the UK’s largest property services firms, from Bowmark Capital. Financial terms were not disclosed. LRG specializes in residential […]

Platinum Equity lands largest deals in firm history to highlight bustling 2021

man with protective mas and goggles working in a lab facility

Platinum produces landmark year featuring 17 deals valued at more than $1 billion each, with investments in familiar sectors, industry leaders and familiar brands1 The distribution of vaccines and other medical advances brought hope, but COVID-19 still dominated global headlines throughout 2021. However, the M&A markets easily surpassed pre-pandemic levels and reached all-time highs. Under […]

Pelican Products brings strong brand loyalty, new sector to Platinum Equity portfolio

three men and a woman on a lake with two heavy duty container

In Q&A, firm executives explain opportunities for growth with Pelican’s durable, well-received protective cases In a recent Forbes article, the rugged Pelican Cargo Case Collection was named one of the top accessories from the 2021 Overland Expo Mountain West show. The review was complimentary of Pelican cargo cases, which are inspired by the company’s military […]

Platinum Equity Completes Acquisition of Pelican Products

LOS ANGELES (December 31, 2021) – Platinum Equity announced today that the acquisition of Pelican Products has been completed. Pelican is a global leader in the design and manufacture of high-performance protective cases and rugged gear for professionals and outdoor enthusiasts, and temperature-controlled supply chain solutions for the healthcare industry. Financial terms were not disclosed. […]

Why Solenis, Sigura Water $6.5 billion merger is a good fit for Platinum Equity

people working in a facility

Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis Solenis is an industrial water treatment company with a global footprint that spans 120 countries and five continents with more than 40 manufacturing facilities and 5,200 employees. Solenis also produces needed ESG solutions. “Global demand for solutions that save water, use less […]

Platinum Equity Portfolio Company United Site Services Announces Close of New Strategic Investment to Support Continued Growth

man rolling a portable toilet

Transaction provides substantial capital to fuel next phase of M&A-driven growth and expansion LOS ANGELES – December 20, 2021 – Platinum Equity portfolio company United Site Services, the largest provider of portable sanitation and related site services in the United States, announced today the closing of an investment by a Platinum Equity continuation fund vehicle […]

Platinum Equity and Ball Corporation to Sell Ball Metalpack to Sonoco for $1.35 Billion

Platinum Equity Ball Metalpack Cans

LOS ANGELES and WESTMINSTER, Colo., December 20, 2021 — Platinum Equity and Ball Corporation (NYSE:BLL) today announced the signing of a definitive agreement to sell Ball Metalpack to Sonoco (NYSE: SON) in a transaction valued at approximately $1.35 billion. Closing of the transaction is subject to satisfaction of customary closing conditions, including regulatory review, and […]

CMA CGM Group takes strategic step in logistics development with major acquisition of Ingram Micro’s Commerce & Lifecycle Services business

woman scanning a box

Marseille, December 8th, 2021 Acquiring U.S.-based Ingram Micro CLS will accelerate the Group’s supply chain capabilities in contract logistics and eCommerce expertise. Key catalyst for CMA CGM Group’s subsidiary CEVA Logistics’ development in high-growth eCommerce segment, especially in U.S., European markets. CEVA Logistics to become the fourth largest global contract-logistics provider. CMA CGM Group, a […]