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Vertiv Sells ASCO® to Schneider Electric

Sale enables greater focus on core business Columbus, Ohio [July 27, 2017] – Vertiv, formerly Emerson Network Power, today announced plans to sell its ASCO® business as it continues to sharpen its focus on the digital critical infrastructure space. The $1.25 billion sale to Schneider Electric allows Vertiv to apply additional resources toward business and […]

Platinum Equity to Acquire United Site Services

LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United Site Services (USS).  Financial terms of the transaction were not disclosed. United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the […]

Platinum Equity to Acquire United Site Services

LOS ANGELES (July 24, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire United Site Services (USS).  Financial terms of the transaction were not disclosed. United Site Services, based in Westborough, Mass., is a leading provider of portable restrooms, temporary fence and related site services. The company serves customers throughout the […]

Platinum Equity Completes Acquisition of American Traffic Solutions

LOS ANGELES (June 1, 2017) –Platinum Equity today announced it has completed the acquisition of American Traffic Solutions (ATS).  Financial terms of the transaction were not disclosed. Arizona-based ATS is a leading provider of road safety cameras and toll and violations management solutions throughout North America.  The company has more than 3,500 installed school bus stop […]

Platinum Equity to Acquire American Traffic Solutions

LOS ANGELES (April 17, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire American Traffic Solutions (ATS).  Financial terms of the transaction were not disclosed. Arizona-based ATS is a leading provider of road safety cameras and toll and violations management solutions throughout North America.  The company has more than 3,500 installed […]

PAE Enters Into Definitive Agreement to Acquire FCi Federal

ARLINGTON, Va., April 3, 2017 – PAE today announced it has signed a definitive agreement to acquire FCi Federal. FCi, headquartered in Ashburn, Va., provides essential services for immigration and national security including adjudication support, eligibility verification and business process outsourcing services for federal government customers. The transaction is subject to regulatory approval and is […]

Platinum Equity Announces Closing of $6.5 Billion Fund

LOS ANGELES, CA (March 13, 2017) – Platinum Equity announced today the close of Platinum Equity Capital Partners IV, a $6,500,000,000 global buyout fund. The fund was heavily oversubscribed, driven by the success of Platinum’s highly specialized M&A&O® strategy that integrates investment expertise with deep operational capability and resources. “We are grateful to investors for […]

Platinum Equity to Acquire Staples’ Business in Australia and New Zealand

FRAMINGHAM, Mass. & LOS ANGELES (March 13, 2017)— Staples, Inc. (NASDAQ: SPLS) and Platinum Equity today announced a definitive agreement under which Platinum Equity will acquire Staples’ business in Australia and New Zealand for an undisclosed sum. The transaction is expected to close in the second calendar quarter of 2017. Staples is a leading supplier […]