How Oregon Tool, Other Platinum Equity Portcos Aided Hurricane-Stricken Areas
While Hurricane Helene was causing devastating flooding in western North Carolina in late September, Oregon Tool technical sales specialist Millard Kidder and other members of his team were making plans to travel to the area to lend a helping hand. Called the Oregon Tool Disaster Response Team, the group deploys teams across the country to […]
Platinum Equity’s Credit Team Leads Acquisition Financing for Branding Iron Holdings
LOS ANGELES (Dec. 2, 2024) – Platinum Equity announced today it provided financing to Branding Iron Holdings in connection with Kingswood Capital Management’s recent acquisition of the company. Branding Iron is a leading provider of branded and private label protein products, with a core focus on frozen and refrigerated ground meats. “We are pleased to […]
Centerfield Acquires Social Commerce Platform Brainjolt
LOS ANGELES, November 21, 2024 /PRNewswire/ — Centerfield, a premier technology service for digital customer acquisition, today announced the acquisition of Brainjolt, a social commerce platform that curates and promotes products to its engaged audiences on Meta, Snap and TikTok. Centerfield’s digital brands and proprietary platform, Dugout, engage in-market consumers and supercharge customer acquisition for […]
Cabinetworks CEO: How Tandem Has Company Poised for Expected Housing Market Uptick
LIVONIA, Mich. – Although the housing market remains challenging, Cabinetworks Group CEO Jeff Jackson is cautiously optimistic that the company is poised for growth following a turbulent post-pandemic period that has resulted in pent-up demand for home construction and remodeling. Since taking the role of CEO this summer, Jackson and parent firm Platinum Equity have […]
Jostens Announces $640 Million Dividend Recap
Koch Equity Development invests $450 million, will own minority stake in the business LOS ANGELES (November 12, 2024) – Platinum Equity portfolio company Jostens today announced a nearly $640 million recapitalization in connection with a $450 million strategic equity investment from an affiliate of Koch Equity Development LLC (“KED”), the principal investing and acquisition arm […]
Ingram Micro begins trading on NYSE
Stock closed first day of trading up nearly 12% at $24.60 vs IPO price of $22 Offering raised more than $400 million in Ingram Micro’s return to public markets Tuesday, October 29, 2024 NEW YORK — Executives from Platinum Equity-backed Ingram Micro (INGM.N) rang the bell at the New York Stock Exchange (NYSE) on Thursday, […]
Platinum Equity Acquisition of Sunrise Medical Recognizes ‘Important’ German Market
The World Health Organization is predicting the population of people aged 60 years and older will grow to 2.1 billion globally by 2050, while the number of Americans 65 and older is projected to increase from 58 million in 2022 to 82 million by the middle of the century. The expected rise in ageing populations […]
Platinum Equity’s Credit Team Leads New Term Loan for RELAM
Incumbent lender Platinum steps up again with new financing solution to support RELAM’s continued growth LOS ANGELES (Oct. 10, 2024) – Platinum Equity announced today it led a new and upsized Second-Lien Term Loan (“Term Loan”) for Railway Equipment Leasing and Maintenance Inc. (“RELAM”) to refinance the company’s existing indebtedness and support future growth of […]
Platinum Equity Carveout Experience, Expected Growth in Organic Milk Market Fuels Horizon Investment
The organic dairy market is expected to grow because of rising demand and other factors. In an interview shortly after Platinum Equity closed on Horizon Organic, the largest USDA-certified organic dairy brand in the world, Managing Director Adam Cooper cited that trend. “The brand has earned a reputation for quality and innovation that is unmatched […]
Platinum Equity to Acquire Polli, Italian Producer of Pasta Condiments and Vegetable Preserves
One of EU’s largest pesto producers to partner with Platinum in pursuit of continued growth, international expansion Founding Polli family to retain stake in 150+ year-old business LOS ANGELES (September 18, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire a majority stake in F.lli Polli S.p.A. (“Polli”), a leading […]
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