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Platinum Equity Invests in R&B Wholesale Distributors

This image shows a modern kitchen with stainless steel Whirlpool appliances, including a microwave, stove, refrigerator, and dishwasher. The space has dark cabinetry, a light countertop, and a herringbone tile backsplash. Large windows in the background reveal a cityscape view. | Platinum Equity

Leading regional home appliance distributor looking to expand its reach Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (February 4, 2025) – Platinum Equity announced today a significant investment in R&B Wholesale Distributors, Inc., a leading distributor of home appliances in the southwestern United States. Financial terms of the transaction were not […]

Platinum Equity Offers Support, Temporary Housing to Employees Impacted by L.A. Fires

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BEVERLY HILLS, Calif. – The wildfires that have devasted the Los Angeles area have impacted many, including Platinum Equity and its L.A.-based employees. Communities around Los Angeles have seen homes and schools destroyed as the wildfires have raced throughout the area, devastating entire neighborhoods and forcing evacuation orders or warnings for nearly 200,000 residents. In […]

Platinum Equity Invests in HVAC/R Distributor Global, The Source

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Global to join forces with Motors & Armatures;  Philip Windham named CEO of growing HVAC/R platform LOS ANGELES (December 6, 2024) – Platinum Equity announced today a significant investment in Global, the Source (“Global”), a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing LLC. The transaction marks Platinum Equity’s second investment in […]

How Oregon Tool, Other Platinum Equity Portcos Aided Hurricane-Stricken Areas

A branded trailer and pop-up tent setup for the Disaster Response Team. The trailer has a large Oregon logo and a graphic of stacked logs. Under the red tent, two men in high-visibility vests and an orange t-shirt are working on a table with tools and equipment. The setting is an outdoor parking lot with trees and a cloudy sky in the background. | Platinum Equity

While Hurricane Helene was causing devastating flooding in western North Carolina in late September, Oregon Tool technical sales specialist Millard Kidder and other members of his team were making plans to travel to the area to lend a helping hand. Called the Oregon Tool Disaster Response Team, the group deploys teams across the country to […]

Platinum Equity’s Credit Team Leads Acquisition Financing for Branding Iron Holdings

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LOS ANGELES (Dec. 2, 2024) – Platinum Equity announced today it provided financing to Branding Iron Holdings in connection with Kingswood Capital Management’s recent acquisition of the company. Branding Iron is a leading provider of branded and private label protein products, with a core focus on frozen and refrigerated ground meats. “We are pleased to […]

Centerfield Acquires Social Commerce Platform Brainjolt

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LOS ANGELES, November 21, 2024 /PRNewswire/ — Centerfield, a premier technology service for digital customer acquisition, today announced the acquisition of Brainjolt, a social commerce platform that curates and promotes products to its engaged audiences on Meta, Snap and TikTok. Centerfield’s digital brands and proprietary platform, Dugout, engage in-market consumers and supercharge customer acquisition for […]

Cabinetworks CEO: How Tandem Has Company Poised for Expected Housing Market Uptick

A dark blue wall in an office with the "CABINETWORKS GROUP" logo in white at the top. Below the logo, a large motivational phrase is written: "We never stop building" in white, followed by "life into the kitchen" in a bright blue color. | Platinum Equity

LIVONIA, Mich. – Although the housing market remains challenging, Cabinetworks Group CEO Jeff Jackson is cautiously optimistic that the company is poised for growth following a turbulent post-pandemic period that has resulted in pent-up demand for home construction and remodeling. Since taking the role of CEO this summer, Jackson and parent firm Platinum Equity have […]

Jostens Announces $640 Million Dividend Recap

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Koch Equity Development invests $450 million, will own minority stake in the business LOS ANGELES (November 12, 2024) – Platinum Equity portfolio company Jostens today announced a nearly $640 million recapitalization in connection with a $450 million strategic equity investment from an affiliate of Koch Equity Development LLC (“KED”), the principal investing and acquisition arm […]