How Platinum Equity’s Small Cap team has put experience and capital to work during COVID-19 crisis
Theater goers have not exactly flocked back to movie houses in the U.S. A slow stream of new releases began in August. The month of September saw the release of Tenet, a planned summer blockbuster from noted director Christopher Nolan. The viewing public’s response was underwhelming. After months of COVID-19 forced closures, Tenet failed to […]
Statement from Platinum Equity: No intention to make an offer for AA plc (“AA”)
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”) […]
Update: Securus Technologies Reports More Than 50 Percent Reduction in Fees for Third-Party Transactions on Calling Accounts
Fees for 3rd party retail transactions reduced to $4.95 DALLAS, TEXAS–Aventiv Technologies and its corrections-services subsidiary Securus Technologies today announced that it has renegotiated pricing on third party vendor contracts. Consumers pay processing fees for cash deposits to fund telephone accounts by third party retail vendors such as Western Union and MoneyGram. These new prices […]
Securus Technologies’ ‘Lantern’ shines brightly in helping 600 students earn degrees from Ashland University
DALLAS, Sept. 2, 2020 — Securus Technologies today announces that its Lantern Program has helped 600 incarcerated students earn bachelors and associates degrees from its partner, Ashland University. Created in 2016, Lantern is a first-of-its-kind learning management system built specifically for corrections to provide incarcerated students access to digital education. It has grown to become the largest digital education program for the incarcerated […]
Platinum Equity CEO Tom Gores’ relationship with ESPN’s Jalen Rose vital to Detroit charter school’s educational mission
When the topic turns to the public charter school that bears his name, Jalen Rose becomes a preacher. The ESPN/ABC analyst, who starred at Michigan and played 13 seasons in the NBA, mimics a proud parent while advocating for the Jalen Rose Leadership Academy, which he co-founded in 2011. The passion is also apparent when […]
Investing in What Matters: Aventiv Technologies Dedicates Additional Resources towards Expanding and Improving Relationships with Those That Mean the Most
Organization progresses on transformation with expanded priorities to address immediate needs for incarcerated individuals and their loved ones impacted by COVID-19 DALLAS, Aug. 10, 2020 — Just six months since launching a transformation agenda under new CEO Dave Abel, Aventiv Technologies and its corrections-services subsidiary, Securus Technologies, today reported significant progress in accelerating an expansive, holistic reform of […]
CEO: How public-private partnerships are ‘essential’ in the transformation of Aventiv/Securus
Dave Abel was using the phone on Sept. 11, 2001. Working for PricewaterhouseCoopers, he was discussing a business trip scheduled for the following day. While looking out his Arlington, Va., office window, he watched in horror as an American Airlines plane flew into the Pentagon. The evacuation order came, but before leaving, he looked out […]
With B-hyve tech and Platinum Equity support, Orbit is ‘changing the way the world waters’
In April, the New York Times published a product review of 13 different smart sprinkler controllers, timely information with the country seeing a surge in do-it-yourself projects related to stay-at-home orders because of the COVID-19 pandemic. The controllers are designed to help customers from underground irrigation systems by monitoring local weather and soil conditions, improving […]
Securus Technologies Debuts the JP6S, the Most Evolved Tablet Constructed to Improve the Wellbeing of Incarcerated Individuals
DALLAS, July 22, 2020 /PRNewswire/ — Securus Technologies today unveiled the company’s next generation tablet for use in correctional facilities, the JP6S. The JP6S is the industry’s most evolved tablet specifically constructed to improve quality of life for incarcerated individuals and the device will be available beginning this month as an upgrade option for the more than 300,000 incarcerated individuals who currently […]
Aventiv Technologies Transformation Advancing With New Additions To Leadership Team
Company Has Now Added New Members to Senior Leadership Team From Outside Traditional Corrections Sector Aventiv Technologies continues to deliver on its promise to transform the company by bringing in individuals from outside of the traditional corrections space to broaden and diversify the perspective of its corporate leadership team. Over the past year, the company […]
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