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 […]
Platinum Equity Acquires Global Marine Contractor De Wave Group
LOS ANGELES (October 30, 2019) – Platinum Equity today announced the acquisition of De Wave Group from Xenon Private Equity. Financial terms were not disclosed. Headquartered in Genoa, Italy, De Wave is a marine contractor that specializes in cruise ship interiors, providing both new build and refit services to ship builders and cruise operators. “With […]
Cision Ltd. Announces Agreement to Be Acquired by an Affiliate of Platinum Equity for $10.00 Per Share in All Cash Deal Valued at Approximately $2.74 Billion
Transaction Provides Immediate Value for Shareholders Acquisition Expected to Close in Q1 2020 CHICAGO, Oct. 22, 2019 /PRNewswire/ — Cision Ltd. (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, today announced that it has entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in an […]
Platinum Equity Acquires TruckPro
LOS ANGELES (October 16, 2019) – Platinum Equity today announced the acquisition of TruckPro Holding Corporation (“TruckPro”) from Harvest Partners by an affiliate of Platinum Equity. Financial terms were not disclosed. Headquartered in Memphis, Tennessee, TruckPro is one of the nation’s largest independent distributors of heavy-duty truck and trailer parts. “TruckPro has an extensive national […]
Platinum Equity Completes Sale of Artesyn’s Embedded Power Business to Advanced Energy
LOS ANGELES (September 10, 2019) – Platinum Equity announced today that the sale of the Embedded Power business of portfolio company Artesyn Embedded Technologies, Inc. to Advanced Energy Industries, Inc. (Nasdaq: AEIS) has been completed. The transaction is valued at approximately $400 million. The Embedded Power business is a leading global supplier and manufacturer of […]
Wesco Aircraft Enters into Definitive Merger Agreement to be Acquired by Affiliate of Platinum Equity
VALENCIA Calif., August 9, 2019 – 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 it has entered into a definitive merger agreement to be acquired by an affiliate of Platinum Equity in a transaction valued […]
Yak Access Acquires Klein’s Restoration Services
Platinum Equity Portfolio Company Strengthens Services Offering, Expands Footprint in Midwest LOS ANGELES (July 11, 2019) – Yak Access LLC, a portfolio company of Platinum Equity, announced today it has acquired Klein’s Restoration Services. Financial terms were not disclosed. Based in Canton, Ohio, Klein’s provides a broad range of services including restoration, matting, site development […]
Platinum Equity Sells Artesyn’s Embedded Computing Business to SMART Global Holdings
LOS ANGELES (July 9, 2019) – Platinum Equity announced today the sale of the Embedded Computing business of portfolio company Artesyn Embedded Technologies, Inc. (“Artesyn”), to SMART Global Holdings, Inc. (“SMART”) (NASDAQ: SGH). The transaction is valued at approximately $80 million in cash at close, plus approximately $10 million of performance-based consideration that will be […]
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