Platinum Equity Acquires Flooring Distributor Paramount Global Surfaces

PGS acquisition to leverage investment firm’s expertise in building products sector Transaction highlights continued momentum of Platinum Equity’s Small Cap team LOS ANGELES (July 7, 2021) – Platinum Equity announced today the acquisition of Paramount Global Surfaces (PGS) from Linsalata Capital Partners. Financial terms of the transaction were not disclosed. PGS is a leading developer, […]

Platinum Equity to Acquire Water Treatment Company Solenis for $5.25 Billion

Solenis to Merge with Sigura, Creating Diversified Leader in Sustainable Solutions LOS ANGELES – July 6, 2021 – Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies […]

Platinum Equity to Sell Multi-Color Corporation to CD&R

MCC to merge with Fort Dearborn Company LOS ANGELES (July 2, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell Multi-Color Corporation (MCC), a global leader in label solutions, to affiliates of Clayton, Dubilier & Rice (“CD&R”). Financial terms of the transaction were not disclosed. In connection with the transaction, […]

Centerfield Acquires Leading Digital Marketing Solution for Insurance Industry, Datalot

LOS ANGELES – Jun. 29, 2021 – Centerfield, a premier technology service for digital customer acquisition, today announced the signing of a definitive agreement 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, […]

Platinum Equity to Sell JM Swank to Brenntag

LOS ANGELES (June 23, 2021) – Platinum Equity announced today the signing of a definitive agreement to sell food ingredients distributor JM Swank to Brenntag. JM Swank, headquartered in North Liberty, Iowa, offers a highly diversified product portfolio of food ingredients, including spices, dairy, grain, sweeteners, fats & oils, texturants, flavors & colors, starches, cocoa, […]

Securus Technologies applauds Connecticut government after taxpayer funded calls for incarcerated become state law

Securus Technologies logo | Platinum Equity

DALLAS, June 17, 2021 — Yesterday, Connecticut Governor Ned Lamont signed SB 972, legislation that will make Connecticut the first U.S. state to adopt a fully taxpayer funded model for calls made from correctional institutions. Under this new taxpayer funded law, incarcerated individuals and their families will not be charged for calls, making it even easier to communicate with loved ones. Securus Technologies, […]

Awaze to Sell Landal GreenParks to Roompot

Platinum Equity portfolio company divests standalone parks unit, will continue to invest in growing core vacation rentals business LONDON – 17 JUNE 2021 – Awaze, Europe’s leading managed vacation rentals group, announced today the signing of a definitive agreement to sell its Landal GreenParks unit to Roompot. Landal GreenParks is a fully integrated holiday parks owner, […]

Platinum Equity to Acquire McGraw Hill from Apollo Funds for $4.5 Billion

Los Angeles and New York (June 15, 2021) – Platinum Equity announced today that it has entered into a definitive agreement to acquire McGraw Hill, a global leader in educational content and digital platforms, from funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) […]

Platinum Equity to Acquire Global Sewing Machine Manufacturer SVP Worldwide

LOS ANGELES (June 10, 2021) – Platinum Equity announced today a definitive agreement to acquire 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. The transaction is expected […]