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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 […]

Platinum Equity to Sell Neovia Logistics

LOS ANGELES (October 13, 2014) Platinum Equity announced today the planned sale of Neovia Logistics to an affiliate of Goldman Sachs and investment funds affiliated with Rhône Capital L.L.C.  Financial terms of the transaction were not disclosed. The closing of the transaction is pending customary closing conditions including regulatory approvals. Neovia Logistics provides warehouse management […]

BlueLine Rental Acquires JustRuss Rental

Strategic Add-On Acquisition Expands BlueLine’s Presence in Southeast United States HOUSTON, Texas – September 16, 2014 – BlueLine Rental, a provider of small to medium-sized construction rental equipment, announced today the acquisition of JustRuss Rental Inc., a full-service equipment rental company with three locations in Alabama. Terms of the transaction were not disclosed. “JustRuss is […]

Bemis Agrees to Sell Its Pressure Sensitive Materials Business to Platinum Equity

NEENAH, WI. (September 08, 2014) Bemis Company, Inc. (NYSE:BMS) announced today that it has reached an agreement to sell its global Pressure Sensitive Materials business (known as “MACtac”) to Platinum Equity, a California-based private equity firm, for a purchase price of $170 million. This transaction, which is subject to customary closing conditions and regulatory approval, […]

Platinum Equity Completes Sale of Active Aero to Roadrunner Transportation Systems

LOS ANGELES, CA (August 27, 2014) – Platinum Equity announced today that the sale of Active Aero Group to Roadrunner Transportation Systems, Inc. (NYSE: RRTS) has been completed. Active Aero is a provider of supply-chain solutions focused on transportation logistics for customers with sensitive or time-critical freight, principally in the United States and Mexico. “Through […]

Platinum Equity Announces Sale of Active Aero to Roadrunner Transportation Systems

Proposed Sale Marks Platinum Equity’s Seventh Divestiture of 2014 and Demonstrates Firm’s Continued Strength in the Lower Middle Market LOS ANGELES, CA (August 11, 2014) – Platinum Equity announced today a definitive agreement to sell Active Aero Group to Roadrunner Transportation Systems, Inc. (NYSE: RRTS). Active Aero is a provider of supply-chain solutions focused on […]

Platinum Equity Sells Wheel Pros to Audax

LOS ANGELES, CA (July 9, 2014) – Platinum Equity today announced the sale of Wheel Pros, a leading designer and distributor of high performance wheels and tires to the automotive aftermarket, to an affiliate of Audax Private Equity. Financial terms of the transaction were not disclosed. “Wheel Pros is a stable and successful business that has […]

Platinum Equity's PBH Marine Group Sells Michigan-Based Recreational Boat Business

Turnaround Complete Four Years After Acquiring Brands out of Bankruptcy    LOS ANGELES, CA (June 23, 2014) – Platinum Equity today announced the sale of Rec Boat Holdings (“RBH”), the manufacturer of Four Winns, Glastron, Wellcraft and Scarab brand boats, to the Bénéteau Group. Financial terms of the transaction were not disclosed.   Platinum Equity […]