Platinum Equity Completes Sale of Fishing Boat Business To Bass Pro Group
LOS ANGELES, CA (February 10, 2015) – Platinum Equity today announced that the sale of Fishing Holdings, LLC, the Flippin, Arkansas-based manufacturer of the Ranger Boats, Stratos and Triton fishing boat brands, to Bass Pro Group, LLC has been completed. Financial terms of the agreement were not disclosed. Platinum Equity acquired Ranger Boats and Stratos as […]
BlueLine Rental to Acquire Trico
Strategic Add-On Acquisition to Strengthen BlueLine’s Aerial Lift Offering, Expand Presence in Mid-Atlantic Region and Texas HOUSTON, Texas – February 3, 2015 – BlueLine Rental, a full-service equipment rental company, today announced the signing of a definitive agreement to acquire Trico Equipment, Inc., a rental company specialized in aerial lift equipment with locations in New Jersey, […]
Platinum Equity To Sell Ulticom To Mavenir Systems
Divestiture Demonstrates Firm’s Continued Strength in the Lower Middle Market LOS ANGELES, CA (January 13, 2015) – Platinum Equity today announced the signing of a definitive agreement to sell Ulticom to Mavenir Systems (NYSE:MVNR), a leading provider of software-based networking solutions. Ulticom is a leading provider of signaling software used in communications networks. Financial terms were […]
Platinum Equity To Acquire Supplier Of Print Rollers And Specialty Components From Royal Ten Cate
Proposed Corporate Divestiture Being Led by Platinum Equity’s Dedicated Lower Middle Market Team LOS ANGELES (Jan. 7, 2015) – Platinum Equity today announced it has signed a definitive agreement to acquire Ten Cate Enbi (“Enbi”) from Dutch multinational Royal Ten Cate (“TenCate”). The transaction is expected to close during the first half of 2015. Financial terms […]
Platinum Equity To Sell Fishing Boat Business To Bass Pro Group
LOS ANGELES, CA (December 11, 2014) – Platinum Equity today announced the signing of a definitive agreement to sell Fishing Holdings, LLC, the Flippin, Arkansas-based manufacturer of the Ranger Boats, Stratos and Triton fishing boat brands, to Bass Pro Group, LLC. The pending transaction is subject to regulatory approval and customary closing conditions. Financial terms […]
David Boutry Joins Platinum Equity As Global Head Of Business Development
Former Deutsche Bank Managing Director to Lead Platinum Equity’s Dedicated Sourcing and Origination Team LOS ANGELES, CA, Nov. 21, 2014. Platinum Equity announced today that David C. Boutry has joined the firm as a principal and head of the firm’s global business development team. He is based in Los Angeles and oversees Platinum’s deal origination resources […]
Platinum Equity Portfolio Company Schutt Sports Acquires Additional Adams USA Assets
Purchase Brings Remaining Adams USA Brands Under the Schutt Umbrella; Breathes New Life into Iconic Name in American Sporting Goods November 12, 2014 – LOS ANGELES – Platinum Equity portfolio company Schutt Sports, a leading domestic manufacturer of protective sports equipment and aftermarket reconditioning services, today announced the acquisition of additional assets of Adams USA. In […]
Platinum Equity Completes Acquisition of Pressure Sensitive Materials Business From Bemis
LOS ANGELES (Nov. 7, 2014) – Platinum Equity today announced it has completed the acquisition of the global Pressure Sensitive Materials business known as “MACtac” from Bemis Company, Inc. (NYSE:BMS). MACtac is a manufacturer and distributor of pressure sensitive labels with manufacturing locations in North America and Europe and sales offices and distribution centers in […]
Platinum Equity Completes Transworld Systems Acquisition
Expert Global Solutions Completes Sale of Certain Segments of Accounts Receivable Management Business to Platinum EquityTim Galloway to Lead Transworld Systems Going Forward Plano, Tex., and Los Angeles, Calif. — Nov. 3, 2014 — Expert Global Solutions (EGS) and Platinum Equity announced today that the sale of certain segments of EGS’s Accounts Receivable Management (ARM) business to […]
Platinum Equity Acquires Terratest
Operations-Focused Investment Firm Recapitalizes Ground Engineering Specialist LOS ANGELES and MADRID (Oct. 29, 2014) – Platinum Equity today announced it has acquired a majority interest in ground engineering firm Grupo Terratest (“Terratest”). Financial terms of the transaction were not disclosed. Headquartered in Madrid and providing services around the world, Terratest is a specialized international contractor […]