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Platinum Equity Acquires PLI Card Marketing Solutions

Latest Acquisition Highlights Platinum Equity’s Commitment to Investing in the Lower Middle Market  LOS ANGELES AND LAS VEGAS (July 2, 2018) – Platinum Equity and PLI Card Marketing Solutions (a.k.a. Plasticard-Locktech Interational) announced today that Platinum Equity has acquired PLI from affiliates of the company’s founders. Financial terms were not disclosed. Headquartered in Las Vegas, […]

Pitney Bowes Completes Sale of Document Messaging Technologies Business to Platinum Equity

STAMFORD, Conn. July 2, 2018 — Pitney Bowes Inc. (NYSE:PBI) today announced that the previously disclosed sale of its Document Messaging Technologies (DMT) production mail and supporting software business to Platinum Equity has been completed, with the exception of certain non-U.S. jurisdictions that are each expected to close sometime in the third or early fourth […]

Platinum Equity Hires Kris Agarwal as General Counsel

LOS ANGELES (July 1, 2018) –  Platinum Equity announced today the hiring of Kris Agarwal as the firm’s General Counsel. Mr. Agarwal recently joined the firm and oversees Platinum Equity’s legal department, legal support for Platinum Equity’s fund and investor relations, and legal affairs for the firm’s portfolio companies. Mr. Agarwal succeeds Eva Kalawski, who […]

Verra Mobility Announces Merger Agreement with Gores Holdings II, Inc.

Verra Mobility to be Publicly Listed Company with $2.4 Billion Enterprise Value upon Consummation of Transaction LOS ANGELES (June 21, 2018) – Verra Mobility (“Verra Mobility” or the “Company”), the leading provider of tech-enabled smart transportation solutions and a portfolio company of Platinum Equity, announced it has entered into a definitive agreement and plan of […]

Ball Corporation Agrees to Sell U.S. Steel Food and Steel Aerosol Assets, Form Joint Venture with Platinum Equity

BROOMFIELD, Colo., (June 21, 2018) — Ball Corporation (NYSE:BLL) and Platinum Equity today announced that they have entered into joint venture and definitive purchase agreements to form Ball Metalpack, a new packaging company that manufactures steel containers for aerosol products, food, household consumables, pet food, nutritional and other products in the United States. Platinum Equity will […]

Platinum Equity to Sell Worldwide Flight Services for €1.2 Billion

Successful investment adds to Platinum Equity’s continued momentum in Europe LOS ANGELES (June 19, 2018) – Platinum Equity today announced it has signed a definitive agreement to sell Worldwide Flight Services (WFS) to affiliates of Cerberus Capital Management, L.P. in a transaction valued at approximately €1.2 billion. The sale is expected to close during Q4 […]

Wyndham Worldwide Announces Completion of its Sale of its European Vacation Rentals Business

PARSIPPANY, N.J. (May 9, 2018) — Wyndham Worldwide Corporation (NYSE: WYN) today announced the successful completion of its previously announced sale of its European vacation rentals business to an affiliate of Platinum Equity, LLC, a leading global private equity firm, for approximately $1.3 billion. The industry-leading European vacation rentals business is the largest manager of holiday […]

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, […]