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 […]

Ingram Micro Acquires BRLink, Strengthening Its Partner Ecosystem with New Managed Services

man in front of a computer

Agreement expands the global distribution leader’s cloud services portfolio, establishing Ingram Micro as the only Brazil distributor offering a complete migration to the cloud Irvine, California and São Paulo, Brazil –  December 7, 2021. Ingram Micro announced today that it has completed the acquisition of BRLink, a leading managed services provider (MSP) in Brazil. Adding […]

Platinum Equity Completes Sale of Orbit Irrigation to Husqvarna Group

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Successful Investment Adds to Momentum of Platinum Equity’s Small Cap Investment Platform LOS ANGELES (December 2, 2021) – Platinum Equity announced today that the previously announced sale of Orbit Irrigation to Husqvarna Group in a transaction valued at approximately $480 million has been completed. Orbit, based in Salt Lake City, Utah, has approximately 300 employees and […]

Platinum Equity Completes Acquisition of Water Treatment Company Solenis

men working in factory

Solenis Simultaneously Acquires Sigura Water; Combined Entity Creates Diversified Leader in Sustainable Solutions LOS ANGELES – November 9, 2021 – Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries. As part of the transaction, Solenis has merged with Sigura Water, an existing […]

BlueCrest Acquires Fluence Automation

machine factory

(Danbury, CT) – BlueCrest, the global leader in the high-volume print, mail and parcel insertion and sortation space, has acquired Fluence Automation.  This strategic acquisition by BlueCrest will allow the companies to harmonize their solutions – hardware, software and imaging – and accelerate growth in the eCommerce fulfillment and Parcel sortation markets.  Fluence will become […]

Platinum Equity Completes Sale of Multi-Color Corporation

woman working in a factory

LOS ANGELES (November 1, 2021) – Platinum Equity announced today the sale of Multi-Color Corporation (MCC), a global leader in label solutions, has been completed. Financial terms of the transaction were not disclosed. “MCC’s success was the result of a strong partnership with MCC’s management team and a lot of hard work by talented employees […]

McGraw Hill Completes Acquisition of Edtech Pioneer Achieve3000

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New York, NY (November 1, 2021) – McGraw Hill today closed its previously-announced transaction to acquire Achieve3000, a recognized leader in differentiated instruction and learning acceleration for PreK-12 students in all 50 states and 48 countries. “Achieve3000 and its product portfolio are wonderful complements to our PreK-12 business,” said Simon Allen, CEO of McGraw Hill. […]

Platinum Equity Forms Continuation Fund to Support Continued Growth of United Site Services

man rolling a portable toilet

Transaction includes reinvestment from existing shareholders, and commitments from new investors including Fortress Investment Group, Landmark Partners and Blackstone Strategic Partners LOS ANGELES – November 1, 2021 – Platinum Equity announced today the closing of a continuation fund vehicle in connection with the acquisition of United Site Services (USS), the largest provider of portable sanitation and […]

Platinum Equity Portfolio Company Petmate To Combine With Cosmic Pet

a dog with a ball in mouth

Transaction creates industry leading platform with robust scale and breadth of product offering across pet supply categories LOS ANGELES, Oct. 25, 2021 /PRNewswire/ — Platinum Equity announced today the acquisition of Cosmic Pet, a leading designer, marketer and distributor of pet products, including toys, beds, collars and leashes, treats, feeders and bowls, and other accessories. Cosmic Pet will […]