Platinum Equity Portfolio Company Mad Engine to Combine with Fifth Sun, Creating Premier Omnichannel Provider of Licensed Apparel and Accessories
Combination to create industry leading platform built to meet increasing demand from licensors and retailers for digital solutions and direct-to-garment / print-on-demand products LOS ANGELES (May 19, 2021) – Platinum Equity announced today the signing of a definitive agreement to acquire a controlling stake in Fifth Sun from company founder Dan Gonzales. The acquisition will […]
Platinum Equity to Create Premier Skill-Based Game Platform Through Acquisitions of Game Taco and WorldWinner
Game Taco Founder Josh Barrow to lead combined business following carve out of WorldWinner from GSN Games Media Executive David Nathanson to serve as Executive Chairman LOS ANGELES – May 17, 2021 – Platinum Equity today announced the signing of an agreement to acquire Game Taco, a premier skill-based mobile gaming platform that joins gamers from […]
‘Opportunity for significant upside’ driving force behind Custom Truck One Source-Nesco merger
On paper, the merger makes perfect sense. Custom Truck One Source and Nesco were competitors in the specialty rental equipment market, which serves many expected growth sectors. But with multiple stakeholders and concerns to satisfy, Platinum Equity Managing Director David Glatt said recently that it took more than a year to structure and close the […]
Securus Technologies Announces New Expansive Post-Incarceration Unit and Welcomes Community Justice Expert as Program Lead
Securus Technologies today announced the organization’s new Post-Incarceration Business Unit, focused on identifying more opportunities to support individuals after release and provide critical resources to foster successful reentry. The organization has also welcomed Alisha James as Senior Vice President and General Manager of the Post-Incarceration team who is responsible for identifying and implementing new ways […]
Securus Technologies Provides More Than 340 Million Free Minutes Of Phone Connections For Incarcerated Individuals During Pandemic
In their efforts to keeping families connected and to support re-entry they have offered 41.5 million free phone calls totaling over 341.5 million free minutes DALLAS, April 27, 2021 — Securus Technologies today released its monthly update detailing the total number of free calls, video connections, JPay Stamps, news subscriptions and game downloads it has provided since […]
Aventiv Technologies commits to diversify workforce through new partnership with Korn Ferry
Aventiv Technologies, parent company of Securus Technologies, today announced a new partnership with Korn Ferry (NYSE:KFY), a leading global organizational consulting firm, to help advance the corporation’s human capital goals as part of its ambitious, multi-year transformation agenda. The partnership enables Aventiv to launch a new Recruitment Process Outsourcing (RPO) initiative this month focused on […]
Platinum Equity to Acquire Club Car from Ingersoll Rand for $1.7 Billion
Global leader in golf, consumer and utility vehicles to benefit from Platinum Equity’s carve out experience and operational expertise LOS ANGELES (April 12, 2021) – Platinum Equity announced today it has entered into a definitive agreement to acquire Club Car from Ingersoll Rand (NYSE:IR) in a transaction valued at approximately $1.7 billion. The acquisition, subject […]
Yusef Jackson Joins Aventiv Technologies Executive Team
Aventiv Technologies and Platinum Equity today announced the appointment of Yusef Jackson as a senior executive at the company and advisor to the ownership group. Mr. Jackson will help Aventiv’s corrections subsidiary, Securus Technologies, expand and implement an ongoing operational transformation to make current products and services more affordable and accessible, and develop new offerings […]
Platinum Equity to Acquire the Cabinetworks Group, a Leading Manufacturer of Kitchen Cabinets
LOS ANGELES – April 5, 2021 – Platinum Equity today announced that it has entered into a definitive agreement to acquire The Cabinetworks Group (“Cabinetworks”) from American Industrial Partners, GIC and other equity holders. Cabinetworks is the largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the nation’s […]
Deluxe Acquires Sony’s Digital Fulfillment Business
LOS ANGELES, CA (April 1, 2021) — Deluxe, a global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, announced today the acquisition of Sony New Media Solutions (“NMS”), a subsidiary of Sony Electronics Inc. Sony NMS provides a wide array of media platform services to many leading global […]
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