Wyndham Worldwide Announces Agreement to Sell its European Vacation Rental Business to Platinum Equity
PARSIPPANY, N.J., February 13, 2018 — Wyndham Worldwide Corporation (NYSE: WYN) today announced that it has entered into a definitive agreement for the sale of its European vacation rental business to Platinum Equity for approximately $1.3 billion. In conjunction with the sale, the European vacation rental business has entered into a 20-year agreement under which […]
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 […]
Platinum Equity Completes Acquisition of Pattonair
Acquisition of UK-based aerospace and defense business expands Platinum Equity’s European portfolio and underscores continued commitment to investing in the region LONDON (October 31, 2017) –Platinum Equity today announced it has completed its acquisition of global aerospace and defense supply chain provider Pattonair from Exponent Private Equity. Financial terms of the transaction were not disclosed. […]
Platinum Equity Completes Sale of NILCO to U.S. LUMBER
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Oct. 26, 2017) – Platinum Equity today announced it has completed the sale of NILCO to U.S. LUMBER GROUP. Financial terms of the transaction were not disclosed. NILCO, headquartered in Hartville, Ohio, is a wholesale distributor of specialty building materials and […]
Platinum Equity to Sell NILCO to U.S. LUMBER
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (Sept. 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to sell NILCO to U.S. LUMBER GROUP. Financial terms of the transaction were not disclosed. The sale is expected to close during the fourth quarter, subject […]