Why Platinum Equity believes in SVP Worldwide’s efforts to make ‘sewing more accessible’
A collaboration with Amazon Prime’s Making the Cut, a reality series where fashion designers test skills and business acumen. Promotional tie-ins with Cruella and Maleficent, film releases from Disney. Apps that create personalized clothing. Not exactly what first comes to mind when thinking of sewing machines, which have been around since shortly after the founding […]
CEO: Under Platinum Equity, Orbit Irrigation has transformed into technology company
SALT LAKE CITY – Stuart Eyring has worked at Orbit Irrigation Systems for 16 years. Starting as executive vice president of marketing, he is currently the CEO of the company, which is a leading provider of irrigation systems and related products. As a long-tenured executive, he had a front row seat when Platinum Equity acquired […]
Platinum Equity Completes Acquisition of Global Aerospace Supply Chain Services Provider Unical Aviation
Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to rebound LOS ANGELES (August 16, 2021) – Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components […]
How potential for ‘digital transformation’ is a main reason for Platinum Equity’s $4.5 billion acquisition of McGraw Hill
McGraw Hill has historically been known as a textbook publisher. But in a nod to the entrenched role technology plays in everyday lives, the learning company is seeing its digital business grow exponentially, with 80 percent of the company’s business in higher education delivered digitally. That is among the reasons Platinum Equity has acquired the […]
Centerfield Completes Acquisition of Leading Digital Marketing Solution for Insurance Industry, Datalot
LOS ANGELES – Aug. 2, 2021 – Centerfield, a technology enabled customer experience company, today announced the completion of a transaction to acquire Datalot, a leading digital marketing solution for auto, home, health and Medicare insurance companies, from an investment fund affiliated with Lightyear Capital. Centerfield’s digital brands and industry leading platform, Dugout, engage in-market […]
Platinum Equity Completes Acquisition of Global Sewing Machine Manufacturer SVP Worldwide
LOS ANGELES (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of a controlling stake in SVP-Singer Holdings, Inc. and its wholly owned subsidiaries (“SVP Worldwide”), the world’s largest consumer sewing machine company. Existing shareholders and management have retained a meaningful equity interest. Financial terms were not disclosed. SVP Worldwide […]
Platinum Equity Completes Acquisition of McGraw Hill for $4.5 Billion
LOS ANGELES and NEW YORK (August 2, 2021) – Platinum Equity announced today that it has completed the acquisition of McGraw Hill, a global leader in educational content and digital platforms, for a purchase price of approximately $4.5 billion. Founded in 1888, McGraw Hill provides outcome-focused learning solutions to millions of students globally, delivering both […]
How Platinum Equity supports Elevate Textiles’ sustainability initiatives and product innovation
Joining the United Nations Global Compact, a worldwide initiative with 10 sustainability principles. The construction of a wastewater treatment facility in Mexico that will save 140 million gallons of water per year. Addressing climate change and setting a goal to reach net-zero emissions by 2050. The announcements are just a few of the many initiatives […]
Why Yusef Jackson has joined Platinum Equity’s transformation efforts at Aventiv Technologies
Gathering around the tree to open gifts is the typical Christmas scene for most families. But for Yusef Jackson, the holiday was a time to help the incarcerated held at the Cook (Ill.) County Department of Corrections. “Most kids think about what they’re going to get under the tree,” Jackson said recently. “For us, the […]
Platinum Equity to Acquire Global Aerospace Supply Chain Services Provider Unical Aviation
Aviation parts and components business to benefit from new operational resources and recapitalized balance sheet as air travel begins to rebound LOS ANGELES (July 19, 2021) – Platinum Equity announced today it has signed a definitive agreement to acquire Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts […]
Post 
In 
Email 
Copy link