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 […]
Platinum Equity to Acquire Global Environmental Services Business Urbaser from China Tianying for $4.2 Billion
Acquisition of Madrid-Based Integrated Waste Management Company Adds to Global Buyout Firm’s Momentum in Europe LOS ANGELES and MADRID (June 6, 2021) – Platinum Equity today announced that it has entered into a definitive agreement to acquire Urbaser, one of the world’s largest providers of environmental services, from China Tianying Inc. for an enterprise value of […]
Deluxe and MPS Create a Sustainable Solution for Electronic Delivery of Content to Cinemas
London, 2 June 2021 – Motion Picture Solutions (MPS) has today announced the sale of 50% of the Gofilex business to Deluxe, a global provider of solutions to the world’s leading content production studios and distributors. This sale unites Deluxe and MPS in a joint venture to provide world-class IP delivery through a single, sustainable […]
Ingersoll Rand Completes Sale of Club Car to Platinum Equity
DAVIDSON, N.C. – June 1, 2021 – Ingersoll Rand Inc. (NYSE:IR), a global provider of mission-critical flow creation and industrial solutions, completed the sale of its Specialty Vehicle Technologies Segment (“Club Car”) to the global private equity firm Platinum Equity. Ingersoll Rand Execution Excellence (IRX), implemented throughout the divestiture process, enabled the company to over […]
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 […]
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 […]