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American Commercial Lines Completes Acquisition of AEP River Operations

Jeffersonville, IN, November 12, 2015 – American Commercial Lines (ACL) announced today it has completed the acquisition of AEP River Operations from American Electric Power (AEP). AEP River Operations is a commercial inland barge company delivering approximately 45 million tons of products annually. The company is based in Chesterfield, Missouri, with operations in Paducah, Kentucky; […]

Platinum Equity to Sell Information Technology Solutions Provider Pomeroy

Successful Investment Extends Platinum Equity’s Long History of Creating Value in the Technology Sector Los Angeles (Oct. 26, 2015) – Platinum Equity announced today it has signed a definitive agreement to sell Pomeroy to Tolt Solutions, a portfolio company of Clearlake Capital Group, L.P. Financial terms of the agreement were not disclosed. The transaction is […]

Platinum Equity to Sell DMS Health Technologies to Digirad Corporation

Successful Investment Underscores Platinum Equity’s Continued Strength in the Lower Middle Market Los Angeles (Oct. 14, 2015) – Platinum Equity today announced it has signed a definitive agreement to sell DMS Health Technologies (“DMS Health”) to Digirad Corporation (NASDAQ: DRAD).  The transaction is expected to close by the end of 2015. Headquartered in Fargo, North […]

Platinum Equity Completes Acquisition of Worldwide Flight Services

LOS ANGELES (Oct. 1, 2015) – Platinum Equity today announced it has completed the acquisition of Worldwide Flight Services from LBO France. WFS is one of the world’s largest cargo handlers and a leading global provider of ground handling and technical services. Financial terms were not disclosed. Bastian Lueken, head of Platinum Equity’s European investment […]

American Commercial Lines to Acquire AEP River Operations

Acquisition Expected to Create Strong Synergies and Reunite ACL Management Team with Business It Helped Build Jeffersonville, IN, Oct. 1, 2015 – American Commercial Lines (ACL) announced today it has signed a definitive agreement to acquire AEP River Operations from American Electric Power (NYSE: AEP). AEP River Operations is a commercial inland barge company delivering […]

The Citizen Hotel Joins Autograph Collection Hotels™ Global Portfolio

Sacramento, California (PRWEB)September 03, 2015 The Citizen hotel in Sacramento, California, which was recently acquired by Platinum Equity, is the latest addition to Autograph Collection Hotels, Marriott International’s exclusive portfolio of properties recognized for celebrating individuality. “Our goal is to give guests of the Citizen an upscale luxury experience with a location convenient to all […]

Platinum Equity Completes Sale of Bridge Terminal Transport Services

Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market LOS ANGELES (June 1, 2015) ­– Platinum Equity announced today the sale of Bridge Terminal Transportation Services (BTT) to XPO Logistics, Inc. (NYSE: XPO) has been completed. Financial terms of the transaction were not disclosed. BTT is a leading marine drayage […]

Maxim Crane Works Acquires Crane Rental Corporation

Pittsburgh, PA — May 22, 2015 — Maxim Crane Works announced today it has acquired Orlando, Fla.-based Crane Rental Corporation, a provider of heavy hauling, specialized rigging and crane services in the Southeast United States. Financial terms of the transaction were not disclosed. CRC provides operated and bare crane, rigging and lifting services from three […]