Gores Holdings III, Inc. Completes Acquisition of PAE From Platinum Equity

Combined company renamed PAE Incorporated and will trade on Nasdaq under PAE and PAEWW LOS ANGELES (February 10, 2020) – Gores Holdings III, Inc. (“Gores Holdings III”) (Nasdaq CM: GRSH, GRSHU, and GRSHW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC (“The Gores Group” or “Gores”), today announced that […]

Platinum Equity Completes $2.7 Billion Acquisition of Cision Ltd.

CHICAGO, Jan. 31, 2020 /PRNewswire/ — Cision LTD., a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has been acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.7 billion. “Cision is well established as the industry standard platform for communications professionals navigating […]

Platinum Equity Acquires Marketing Technology Platform Centerfield, Completes Add-on Acquisition of Digital Ventures

Centerfield’s World-Class Customer Acquisition Technology Poised for Additional Growth and Expansion LOS ANGELES – Jan 22, 2020 – Platinum Equity today announced the acquisition of Centerfield, a technology-driven marketing and customer acquisition company. The firm also announced that Centerfield has acquired Digital Ventures, which operates leading web sites in home security, residential services, senior services, […]

Dave Abel Named Chief Executive Officer Of Aventiv Technologies And Its Corrections Subsidiary Securus Technologies

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Mr. Abel Announces Accelerated Transformation Program Focused On Affordability, Accountability, Innovation and Reform DALLAS, Jan. 13, 2020 — Technology and government services executive Dave Abel has been named President and Chief Executive Officer of Aventiv Technologies and its corrections services subsidiary Securus Technologies, effective immediately. “Dave is an innovative leader who we recruited in April to develop and accelerate an […]

Platinum Equity to Acquire Farnese Vini

LOS ANGELES (January 10, 2020) – Platinum Equity today announced the signing of a definitive agreement to acquire Farnese Group from NB Renaissance Partners. Financial terms were not disclosed. Headquartered in Pescara, Italy, Farnese markets and distributes wines from southern and central Italy. The company acquires grapes from local farmers, oversees production and markets wines […]

Wesco Aircraft Acquired by Affiliate of Platinum Equity, Combined with Pattonair at Closing

VALENCIA Calif., January 9, 2020 – Wesco Aircraft Holdings Inc. (NYSE: WAIR), one of the world’s leading distributors and providers of comprehensive supply chain management services to the global aerospace industry, today announced that the expected acquisition of the company by an affiliate of Platinum Equity has been completed in a transaction valued at approximately […]

Platinum Equity Announces $10 Billion Final Close for Flagship Private Equity Fund

Platinum Equity Capital Partners V Will Deploy Firm’s Signature M&A&O® Strategy LOS ANGELES, CA (January 7, 2020) – Platinum Equity announced today the final close of its latest global buyout fund, Platinum Equity Capital Partners V, with $10 billion in total capital commitments.“We are very grateful for the support of our investors worldwide who have […]

Vertiv, a Platinum Equity Portfolio Company, to List on New York Stock Exchange Through Business Combination with GS Acquisition Holdings

Creates publicly traded, pure-play critical digital infrastructure provider Columbus, Ohio Dec. 10, 2019 – Vertiv Holdings LLC (“Vertiv”), a Platinum Equity portfolio company, and a global provider of critical digital infrastructure and continuity solutions, today announced it will become a publicly traded company through a merger with GS Acquisition Holdings Corp (NYSE: GSAH, GSAH.U, GSAH […]

Platinum Equity enters into exclusive negotiations to acquire Biscuit International from Qualium Investissement

Paris, 22 November 2019 – Platinum Equity, a global investment firm based in Los Angeles, announced that it has entered into exclusive negotiations with Qualium Investissement to acquire Biscuit International, a leading European manufacturer of private label sweet biscuits. Headquartered in Paris, Biscuit International employs approximately 1,900 people and generated sales in excess of €500m […]

Platinum Equity Portfolio Company PAE Announces Merger Agreement with Gores Holdings III, Inc.

PAE to be Publicly Listed Company with $1.55 Billion Enterprise Value upon Consummation of Transaction LOS ANGELES (November 1, 2019) – Platinum Equity portfolio company PAE (“PAE” or the “Company”), trusted provider of outsourced solutions for enduring missions of the United States government and international partners for over 60 years, announced it has entered into […]