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Electro Rent and Platinum Equity Sign Definitive Merger Agreement

Platinum Equity to Acquire Electro Rent for $13.12 per Share in All Cash Transaction BEVERLY HILLS and VAN NUYS, Calif. – May 31, 2016 – Platinum Equity and Electro Rent Corporation (Nasdaq: ELRC) today announced that they have entered into a definitive agreement under which Electro Rent would be acquired by Platinum Equity for approximately $323.4 million. […]

Funds Affiliated with Apollo Global Management to Acquire AmQuip Crane Rental and Maxim Crane Works

PITTSBURGH & TREVOSE, Pa. & NEW YORK–Funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) (together with its consolidated subsidiaries, “Apollo”) announced today that they have signed definitive agreements to acquire AmQuip Crane Rental (“AmQuip”) from affiliates of Clearlake Capital Group, L. P. (“Clearlake”) and Maxim Crane Works (“Maxim”) from affiliates of Platinum Equity. […]

Avery Dennison to Acquire Mactac Europe

GLENDALE, Calif.–Avery Dennison (NYSE:AVY) today announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of €200 million including assumed debt. With 2015 year-end run-rate revenues of €147 million, or approximately $170 million, and approximately 470 employees, the business is a leading […]

Exterion Media selected for TfL’s Rail Advertising contract

The largest Out-of-Home contract in the world sets the foundation for a ground-breaking, data-driven partnership spanning 8.5 years Transport for London (TfL) announced today that it has selected Exterion Media as its new commercial Partner for its Rail Advertising contract, offering innovative solutions to advertisers, maximising revenues and enhancing the customer experience. “We are hugely […]

Platinum Equity Completes Acquisition of PAE

LOS ANGELES (March 15, 2016) – Platinum Equity announced today it has completed the acquisition of PAE, a leading provider of support services for the U.S. government, its allied partners and international organizations.  Financial terms were not disclosed. PAE, headquartered in Arlington, Va.,  supports the execution of complex and critical missions by providing global logistics […]

Worldwide Flight Services Completes Acquisition of Consolidated Aviation Services

Complementary Acquisition Expands WFS’s Presence in U.S. Cargo Handling Market LOS ANGELES (Feb. 29, 2016) – Worldwide Flight Services (WFS), one of the world’s leading cargo handlers and providers of ground handling and technical services, announced today it has completed the acquisition of Consolidated Aviation Services (CAS). Financial terms were not disclosed. CAS, headquartered in […]

Platinum Equity to Acquire PAE

LOS ANGELES, Jan. 19, 2016 — Platinum Equity announced today it has signed a definitive agreement to acquire PAE from Lindsay Goldberg. PAE is a leading provider of enduring support for the essential missions of the U.S. government, its allied partners and international organizations. Financial terms were not disclosed. The transaction is expected to close by […]

Worldwide Flight Services to Acquire Consolidated Aviation Services

Complementary Acquisition to Expand WFS’s Presence in U.S. Cargo Handling Market LOS ANGELES (Jan. 11, 2016) – Worldwide Flight Services (WFS), one of the world’s leading cargo handlers and providers of ground handling and technical services, announced today an agreement to acquire Consolidated Aviation Services (CAS). Financial terms were not disclosed. The transaction is subject […]