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 […]

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, […]