Update: Securus reports ‘significant’ progress with transformation agenda

Securus Technologies logo | Platinum Equity

Securus reduced phone rates, provided 50% customer savings, and introduced new tablet software and a pre-paid card with discounted payment services as part of their commitment to actionable reform. DALLAS, TEXAS– Aventiv Technologies and its corrections-services subsidiary Securus Technologies, today reported progress made toward comprehensive, transformation commitments announced in mid-January to make the company’s products and services accountable, accessible, and affordable. These commitments benefit incarcerated Americans and […]

Leading From the Front

Tom Gores mid-speaking | Platinum Equity

Oct. 8, 2020 Mr. Michael Govan Los Angeles County Museum of Art 5905 Wilshire Blvd. Los Angeles, CA 90036 Dear Michael and Trustees, Thank you for your time and dialogue last week in speaking to the important issues of social justice, racial justice and criminal justice reform as it relates to the board’s service on […]

How PCI brought needed tech solution to market in Singapore’s COVID-19 fight

women working in a factory | Platinum Equity

The Singapore government made a significant announcement last month. To bring widespread contact tracing to the city-state in southeast Asia, TraceTogether tokens, which use Bluetooth technology, were distributed nationwide. The goal is to achieve 60-70% population adoption of the TraceTogether program, which comprises a smartphone app and the token, by the end of the year […]

Securus Technologies Supports the American Cancer Society through the Company’s eCard Program during October for Breast Cancer Awareness Month

Securus Technologies logo | Platinum Equity

DALLAS, Oct. 5, 2020 — Securus Technologies is proud to announce the company will be donating fifty percent of proceeds from the company’s “Fight Against Breast Cancer” suite of eCards to the American Cancer Society (ACS) to help in the fight against a disease that takes thousands of lives each year.  According to cancer.org, breast cancer death rates […]

How Tom Gores’ call for change has assisted Detroit Pistons’ community involvement

In response to summer’s civil unrest, NBA franchise has been at the forefront of voting galvanization efforts in Detroit With the COVID-19 crisis still ongoing, voters need safe options for the upcoming election. The Detroit Pistons continue to assist those efforts. Last month, on the first day of early voting in Michigan, Secretary of State […]

Securus Technologies’ Unity Platform is the latest investment in the incarcerated community

Securus Technologies logo | Platinum Equity

The organization combined the best elements of classic JPay and Securus platforms to provide one, comprehensive software program that can integrate into any correctional facility. DALLAS, Sept. 29, 2020 — Securus Technologies today introduced the organization’s newest digital offering to the corrections industry, the Securus Unity Platform. As the pioneers of tablet technology, Securus leveraged the organization’s nearly […]

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

Securus Technologies logo | Platinum Equity

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

Securus Ashland Graduation | Platinum Equity

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 […]