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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 […]

Terratest Acquires Geostructures

Madrid, February 8, 2018 – Terratest, a leading international provider of geotechnical engineering and foundations solutions, today announced that it has acquired Geostructures, a US-based construction services firm. Financial terms of the transaction were not disclosed. Headquartered in Purcellville, Virginia, and founded in 1995, Geostructures is a leading provider of engineering, design-build and construction services […]

Platinum Equity Completes Acquisition of OfficeMax Business in Australia

LOS ANGELES (February 6, 2018) — Platinum Equity announced today it has completed the acquisition of the OfficeMax business in Australia from Office Depot (NASDAQ:ODP). Financial terms were not disclosed.  Platinum Equity also confirmed that over time it intends to bring together the OfficeMax business in Australia with Winc Australia, the former Staples business that Platinum […]

Platinum Equity Acquires WS Packaging Group, Inc. from J.W. Childs

Green Bay, WI (Feb. 5, 2018) – WS Packaging Group announced today that Platinum Equity has acquired the company from J.W. Childs Associates, L.P. Headquartered in Green Bay, Wisconsin, WS Packaging Group provides labels and packaging solutions for the food and beverage, consumer packaged goods, and pharmaceutical markets. The company, which primarily markets pressure sensitive […]

Vertiv Expands Thermal Management Portfolio With Acquisition of Energy Labs

Acquisition adds offerings and capabilities for cloud, colocation providers and commercial and industrial segment  COLUMBUS, Ohio–(BUSINESS WIRE)–January 16, 2018– Vertiv, formerly Emerson Network Power, has acquired Energy Labs, a privately owned, U.S.-based manufacturer of custom air handling systems. The acquisition strengthens Vertiv’s leading position in the data center thermal management space and enables expansion into […]

Platinum Equity to Acquire Husky Injection Molding Systems

LOS ANGELES (Dec. 18, 2017) – Platinum Equity announced today that it has signed a definitive agreement to acquire Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. “This is another marquee […]

Platinum Equity Sells Keen Transport to Wallenius Wilhemsen Logistics

Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Dec. 8, 2017) –Platinum Equity today announced it has sold Keen Transport to Wallenius Wilhelmsen Logistics ASA (WWL).  Financial terms of the transaction were not disclosed. Keen Transport is a national provider of heavy-haul logistics and transportation services for […]