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 […]
Platinum Equity Acquires L&R Distributors
Transaction represents the firm’s third Small Cap acquisition in the last four months LOS ANGELES (July 1, 2020) – Platinum Equity today announced the acquisition of L&R Distributors from affiliates of the company’s founders. Financial terms were not disclosed. Headquartered in Brooklyn, New York, L&R is a growing wholesale distributor of consumer products servicing more […]
Platinum Equity Expands Entertainment Portfolio with Acquisition of Deluxe Entertainment’s Distribution Business
Firm recruits former CEO Cyril Drabinsky to return and lead business at a pivotal time for an industry disrupted by coronavirus crisis LOS ANGELES (July 1, 2020) – Platinum Equity today announced the acquisition of Deluxe Entertainment Services Inc.’s distribution business (“Deluxe”). Financial terms were not disclosed. Deluxe Entertainment’s creative businesses are not included in the […]
How Valpak, Platinum Equity help small businesses remain relevant during COVID-19 crisis
The state of Ohio allowed restaurants to resume dine-in services on May 21. But when reached shortly after Gov. Mike DeWine’s executive order allowing eateries to resume limited operations after being forced to close in March in an effort to mitigate the spread of COVID-19, restaurant owner Frank Fusco had yet to resume seating diners. […]
Platinum Equity CEO Tom Gores Discusses Transformation of Securus Technologies With Former FCC Commissioners
Platinum Equity Chairman and CEO Tom Gores sent the following correspondence today in response to a letter dated May 20, 2020 from former FCC Commissioners Mignon Clyburn, Michael Copps, and Gloria Tristani requesting that Securus Technologies, a Platinum Equity portfolio company, take steps to support incarcerated individuals and their families during the COVID-19 pandemic: June 5, 2020 Dear Commissioners Clyburn, Copps and Tristani: […]
Platinum Equity Portfolio Company Orbit Irrigation Acquires Bond Manufacturing’s Garden Business
Add-on Acquisition Marks Second Platinum Equity Small Cap Deal in Last Two Months LOS ANGELES and SALT LAKE CITY (June 1, 2020) – Platinum Equity portfolio company Orbit Irrigation announced today the acquisition of Bond Manufacturing’s garden business from affiliates of the company’s founding family in a carve-out transaction. Financial terms were not disclosed. Headquartered […]
United Site Services has opportunity to redefine what is ‘essential’
The COVID-19 crisis has forced all to rethink the definition of essential workers. No longer meaning only the areas of public safety, healthcare and transportation, the term has grown to include anything supporting those industries and many others during times of crisis. For United Site Services, the country’s largest provider of portable sanitation and temporary […]
Post 
In 
Email 
Copy link