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 […]
Chevrolet Detroit Belle Isle Grand Prix Partners With Tom Gores and Platinum Equity to Light Up MacArthur Bridge and Scott Fountain Lagoon
Belle Isle Bridge Lighting Powered by Platinum Equity from Platinum Equity on Vimeo. Installation of All New LED Lights Improves Visibility and Safety on Belle Isle Detroit – (May 21, 2015) – The Chevrolet Detroit Belle Isle Grand Prix today announced that thanks to a $50,000 donation from Tom Gores and Platinum Equity, all of […]
Platinum Equity CFO Mary Ann Sigler Tells 2015 USC Accounting Graduates: “Be Creative, Be Relevant, Be Ethical”
Los Angeles – (May 15, 2015) – Platinum Equity CFO and CCO Mary Ann Sigler today delivered the commencement address at the University of Southern California’s Leventhal School of Accounting graduation ceremony. Ms. Sigler, who earned a Master’s degree in Business Taxation from USC in 1980, talked about what she has learned over her 35-year […]
Maxim Crane Works Acquires Indianapolis-Based Poindexter Crane Services
Transaction Strengthens Maxim’s Midwestern Presence as Company Pursues Growth in Market Ripe with Add-On Opportunities PITTSBURGH–May 15, 2015 – Maxim Crane Works announced today it has acquired Indianapolis, Ind.-based Poindexter Transportation, Inc.’s crane services division. Financial terms of the transaction were not disclosed. Maxim CEO Bryan Carlisle said the acquisition is a strategic move designed […]
Platinum Equity Completes Acquisition of PrimeSource Building Products from ITOCHU
LOS ANGELES (May 11, 2015) – Platinum Equity today announced it has completed the acquisition of PrimeSource Building Products, Inc. from ITOCHU Corporation. Financial terms were not disclosed. PrimeSource, headquartered in Irving, Texas, is the largest distributor of construction fasteners and one of the largest distributors of non-lumber building products in North America. Platinum Equity is […]
Platinum Equity Announces Sale of Bridge Terminal Transport Services
Successful Investment Highlights Strength of Platinum Equity’s Value Proposition in the Lower Middle Market Los Angeles (May 4, 2015) – Platinum Equity today announced it has signed a definitive agreement to sell Bridge Terminal Transport Services, Inc. (“BTT”) to XPO Logistics, Inc. BTT, based in Charlotte, NC, is one of the largest pure-play asset-light drayage […]
LBO France sells Worldwide Flight Services to Platinum Equity
Paris and Los Angeles, April 27th, 2015 – LBO France today announced the signing of an agreement to sell Worldwide Flight Services (“WFS”) to Platinum Equity. WFS is the world’s largest cargo handler and a leading global provider of ground handling and technical services. Today it is present at over 140 major airports in more […]
Platinum Equity Acquires Ying Shing Enterprises in China
Investment Marks Platinum Equity’s First Asian Headquartered Acquisition as Firm’s Operations in the Region Continue to Grow LOS ANGELES (April 27, 2015) – Platinum Equity today announced it has acquired Chinese manufacturer Ying Shing Enterprises Limited (“Ying Shing”) from the company’s founder and President Jian Ying Chen. Mr. Chen will retain a minority stake and […]
Platinum Equity Completes Purchase of Enbi From Royal Ten Cate
Carve Out of Print Rollers and Specialty Components Business Led by Platinum Equity’s Dedicated Lower Middle Market Team LOS ANGELES, CA– April 03, 2015 – Platinum Equity today announced it has completed the acquisition of Ten Cate Enbi (“Enbi”) from Dutch multinational Royal Ten Cate (“TenCate”). Financial terms were not disclosed. Enbi is a supplier […]
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