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

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

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

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

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

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

(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

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

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

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

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 […]