BlueLine Rental Acquires Virginia-Based Area Equipment
Third Add-On Acquisition in Seven Months Further Strengthens BlueLine's Presence in Mid-Atlantic Region HOUSTON, TX– April 03, 2015 – BlueLine Rental, a full-service equipment rental company, today announced it has acquired Area Equipment LLC, a rental company in Cheasapeake, VA that serves customers in the industrial and non-residential construction markets. Terms of the transaction were […]
Itochu Announces Divestiture of North American Building Materials Distributor to Platinum Equity
ITOCHU Corporation (headquarters in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereafter “ITOCHU”) and ITOCHU International Inc. announced today that ITOCHU has reached an agreement with Platinum Equity, a Los Angeles based global private equity firm, under which Platinum Equity will acquire PrimeSource Building Products, Inc. The transaction is subject to customary closing conditions, including […]
Platinum Equity Completes Sale of Neovia Logistics
LOS ANGELES (March 3, 2015) – Platinum Equity announced today the sale of Neovia Logistics to an affiliate of Goldman Sachs and investment funds affiliated with Rhône Capital L.L.C has been completed. Financial terms of the transaction were not disclosed. Neovia Logistics provides spare parts logistics, warehouse management and fulfillment services, distribution solutions and other […]
BlueLine Rental Completes Acquisition of Trico
Strategic Add-On Acquisition Strengthens BlueLine’s Aerial Lift Offering, Expands Presence in Mid-Atlantic Region and Texas HOUSTON, Texas – March 2, 2015 – BlueLine Rental, a full-service equipment rental company, today announced it has completed the acquisition of Trico Equipment, Inc., a rental company specialized in aerial lift equipment with locations in New Jersey, Pennsylvania, Maryland […]
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 […]
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