Platinum Equity Completes Acquisition of American & Efird
LOS ANGELES (May 1, 2018) – Platinum Equity announced today that it has completed the acquisition of American & Efird (A&E) from an affiliate of KPS Capital Partners, LP. Financial terms were not disclosed. Headquartered in Mt. Holly, North Carolina, A&E is the largest U.S. manufacturer and the world’s second-largest manufacturer and distributor of premium […]
Interior Logic Group, Inc. and Interior Specialists, Inc. Announce Merger
Interior Logic Group, Inc. and Interior Specialists, Inc. Announce Merger Creates the largest interior finish services company in the US with $1.5 billion in revenue Paves the way for new investments in facilities, technology and customer service Creates a national brand with a footprint reaching from coast to coast ATLANTA, GA and IRVINE, CA, […]
Platinum Equity to Acquire Pitney Bowes’ Global Production Mail Business
Stamford, CT., April 30, 2018 – Pitney Bowes Inc. (NYSE: PBI), a global technology company that provides commerce solutions in the areas of shipping and mailing, data, and ecommerce, today announced that Platinum Equity has signed a definitive agreement to acquire the Company’s Document Messaging Technologies (DMT) production mail business and supporting software for $361 […]
Platinum Equity Announces American Traffic Solutions Acquisition of Euro Parking Collection
LOS ANGELES (April 9, 2018) –Platinum Equity today announced the acquisition of Euro Parking Collection plc (EPC) by Platinum Equity portfolio company American Traffic Solutions (ATS). Financial terms of the transaction were not disclosed, but certain seller shareholders will become shareholders of the combined group. Euro Parking Collection plc (EPC) specializes in the identification, notification and […]
Platinum Equity Completes Acquisition of Husky Injection Molding Systems
LOS ANGELES (March 29, 2018) – Platinum Equity announced today that it has completed the acquisition of Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. Based in Bolton, Ontario, Husky is a global supplier of highly engineered injection molding equipment and services for the plastic injection molding equipment industry, […]
Platinum Equity Submits Binding Offer to Acquire LifeScan from Johnson & Johnson
LOS ANGELES (March 16, 2018) – Platinum Equity announced today that it has submitted a binding offer to acquire LifeScan, Inc. from Johnson & Johnson (NYSE: JNJ) in a transaction valued at approximately $2.1 billion. LifeScan is a leader in blood glucose monitoring products with 2017 net revenue of approximately $1.5 billion. “We have great […]
Platinum Equity Announces Acquisition of Highway Toll Administration
HTA Combines With American Traffic Solutions Fleet Services to Capitalize on Continued Growth in Electronic Toll Collection LOS ANGELES (March 1, 2018) – Platinum Equity today announced the acquisition of Highway Toll Administration, LLC (HTA), a leader in electronic toll collection services and technology. HTA was acquired from Miami-based David and Leila Centner. Financial terms […]
Platinum Equity Announces Acquisition of Lentz Milling Company
LOS ANGELES – (March 1, 2018) – Platinum Equity today announced the acquisition of Lentz Milling Company. Financial terms of the transaction were not disclosed. Lentz, based in Reading, Pennsylvania, provides food ingredient distribution services to food manufacturers, commercial bakeries, retail bakeries, and other customers throughout 10 states in the Mid-Atlantic and Northeast regions. The […]
Platinum Equity to Acquire Hunterstown Power Generation Facility from GenOn Energy
LOS ANGELES (Feb. 27, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire GenOn’s Hunterstown power generation facility and related assets in a transaction valued at approximately $520 million. GenOn, a unit of NRG Energy Inc. (NYSE: NRG), filed for bankruptcy protection in June 2017. The acquisition is subject […]
Platinum Equity to Acquire American & Efird
LOS ANGELES (Feb. 26, 2018) – Platinum Equity announced today that it has signed a definitive agreement to acquire American & Efrid (A&E) from KPS Capital Partners. Financial terms were not disclosed. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. Headquartered in Mt. Holly, North […]