Platinum Equity Completes Acquisition of United Site Services
LOS ANGELES (August 28, 2017) –Platinum Equity today announced it has completed the acquisition of 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 United States […]
Platinum Equity to Acquire 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 (August 21, 2017) –Platinum Equity today announced it has signed a definitive agreement to acquire global aerospace and defense supply chain provider Pattonair from Exponent Private Equity. Financial terms of the transaction were […]
Staples ANZ breaks out of the pack with new company name, identity and significant transformation investment.
SYDNEY, AUSTRALIA (August 7, 2017) – Today Staples Australia & New Zealand announced a new challenger brand, identity and transformation plan to the market. This announcement comes after Platinum Equity purchased the Australia and New Zealand business from Staples Inc earlier this year. The company serves over 26,000 customers in industries across Australia and New Zealand […]
Platinum Equity to Acquire Fischer Tech
Singapore-based manufacturer to merge with Platinum Equity’s portfolio company Ying Shing Enterprises LOS ANGELES, SINGAPORE (July 27, 2017) – Platinum Equity announced today that FT Holding II Limited (“Offeror”), an indirectly wholly-owned subsidiary of investment funds and entities affiliated with and advised by Platinum Equity, has signed a definitive agreement to acquire Fischer Tech Ltd. (“Fischer Tech”), […]
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 Completes Acquisition of Staples’ Business in Australia and New Zealand
LOS ANGELES (April 28, 2017) — Platinum Equity today announced it has completed the acquisition of the Staples business in Australia and New Zealand from Staples, Inc. (NASDAQ: SPLS) for an undisclosed sum. Staples is a supplier of business products, services and solutions in Australia and New Zealand. The company serves a diverse variety of […]
Platinum Equity to Acquire OfficeMax Business in Australia and New Zealand from Office Depot
LOS ANGELES (April 18, 2017) — Platinum Equity announced today it has signed a definitive agreement to acquire the OfficeMax business in Australia and New Zealand from Office Depot (NASDAQ:ODP). The transaction is subject to regulatory approval in each country and is expected to close within the next several months. Financial terms were not disclosed. […]