Platinum Equity Completes Sale Of Mactac North American Business To LINTEC
LOS ANGELES (Dec. 2, 2016) – Platinum Equity announced today it has completed the sale of Mactac Americas, LLC, to LINTEC Corporation in a transaction valued at approximately $375 million. LINTEC, headquartered in Tokyo, is a manufacturer of adhesive-related products with operations in 15 countries around the world. Mactac, headquartered in Ohio, is a […]
Emerson Completes Sale of Network Power to Platinum Equity
Emerson Completes Sale of Network Power to Platinum Equity Transaction closing marks another milestone in the strategic portfolio repositioning process ST. LOUIS, December 1, 2016 – Emerson (NYSE: EMR) today announced that it has completed the sale of its Network Power business to Platinum Equity and a group of co-investors. Emerson received proceeds of $4 […]
Emerson Network Power Rebrands As Vertiv, Appoints New CEO
Veteran technology executive Rob Johnson to lead new standalone company following sale to Platinum Equity New era begins focused on speed, technology innovation and growth, with added flexibility to serve expanding markets for cloud computing, mobile networking Columbus, Ohio – (Nov. 30, 2016) – The business now formerly known as Emerson Network Power today announced the appointment […]
Electro Rent Corporation to Acquire Microlease
Combination will create a premier global platform in the electronic test and measurement services industry LOS ANGELES / LONDON – 16 November 2016 – Electro Rent Corporation today announced it entered into an agreement to acquire Microlease from Lloyds Development Capital. The transaction is expected to close during Q1 2017. Financial terms were not […]
International Textile Group Acquired By Platinum Equity
October 24, 2016, Greensboro, NC – International Textile Group, Inc. (ITG or the Company) announced today that it has been acquired by Platinum Equity through a completed merger with an affiliate of Platinum Equity. In the merger transaction, a newly formed Platinum Equity affiliate merged with and into ITG, with ITG continuing as the surviving […]
Platinum Equity to Sell MACtac North American Business to LINTEC
LOS ANGELES (Oct. 24, 2016) – Platinum Equity announced today it has signed a definitive agreement to sell Mactac Americas, LLC, to LINTEC Corporation in a transaction valued at approximately $375 million. The sale is expected to be completed during Q4 2016. LINTEC, headquartered in Tokyo, is a manufacturer of adhesive-related products with operations in […]
Platinum Equity Acquires Fabcon
LOS ANGELES (September 6, 2016) – Platinum Equity announced today it has acquired Fabcon, a manufacturer of precast, pre-stressed concrete wall panels for nonresidential construction applications, from affiliates of the company’s founders. Financial terms of the transaction were not disclosed. Fabcon is headquartered in Savage, Minn., and has four manufacturing facilities located in Kansas, Minnesota, […]
Platinum Equity to Acquire Chinese Manufacturing Businesses from Broadway Industrial Group Limited
Investment Marks Platinum Equity’s Second Asian Headquartered Acquisition in Less Than 18 Months LOS ANGELES (Aug. 22, 2016) – Platinum Equity today announced it has signed a definitive agreement to acquire the Foam Plastic Solutions (“FPS”) and Flow Control Devices (“FCD”) businesses of Broadway Industrial Group Limited. FPS is a leading supplier of protective packaging, […]
Platinum Equity Completes Sale of BWAY to Stone Canyon Industries
LOS ANGELES (August 16, 2016) – Platinum Equity announced today that the sale of BWAY Corp. to Stone Canyon Industries, LLC for $2.4 billion has been completed. BWAY is a North American manufacturer of rigid metal and plastic containers used to package industrial, bulk food and retail goods. Platinum Equity acquired BWAY in 2012. In […]
Platinum Equity Completes Acquisition of Electro Rent
LOS ANGELES – August 10, 2016 – Platinum Equity announced today it has completed the acquisition of Electro Rent Corporation for approximately $382 million, which represents a purchase price of $15.50 per share of Electro Rent common stock. Electro Rent previously traded on the Nasdaq Global Select Market under the ticker symbol “ELRC.” After the […]
Post 
In 
Email 
Copy link