Platinum Equity Company Keystone Automotive Operations Acquires NTP Distribution
Exeter, PA – Keystone Automotive Operations, Inc., the leader in distributing specialty automotive components and accessories, in coordination with its majority shareholders Platinum Equity, announced today that it has acquired NTP Distribution Inc. (NTP) is a privately held provider of quality aftermarket products, parts, and accessories for dealers in the recreational vehicle (RV) and towing […]
Platinum Equity Company Quark Special Upgrade Program Benefits Owners of Early Versions
As reported in Macworld, an online source for Apple– and software-related news, Quark, a Platinum Equity portfolio company, is looking to the past to generate interest in the future. Quark has created a special upgrade program making the latest version of QuarkXPress available at a discount to all owners of previous versions of the software. […]
Platinum Equity Completes Sale of AEES
Los Angeles, CA – Platinum Equity announced today it has completed the sale of its North American wire harness business, AEES, to PKC Group. The sale transaction included cash consideration and newly issued PKC shares. AEES is one of the leading North American suppliers of wiring harness solutions to automotive original equipment manufacturers and tier-one […]
UNICOM Systems acquires iET Solutions from Platinum Equity
Mission Hills, CA – UNICOM® Systems, Inc., a global leader in IBM mainframe, System i, Unix and Open Systems management solutions today announced that it has acquired the Boston-based international software company, iET Solutions, LLC from Platinum Equity, LLC. The acquisition underlines UNICOM’s commitment to the IT Service Management (ITSM) and Software Asset Management market […]
The Pistons Are Getting Smart
Interviewed by SI.com at the biennial New England Symposium on Statistics and Sports, Platinum Equity partner Robert Wentworth discussed Platinum’s plans for the Pistons—acquired by Platinum Equity as a component of Palace Sports & Entertainment—and Platinum’s intent to incorporate advanced statistics into the organization. The symposium, held at Harvard, covers statistical modeling and analysis of […]
Union Tribune and United Way Partner on Education Volunteers
The San Diego Union-Tribune has teamed with United Way of San Diego County and the San Diego County Office of Education to introduce an unprecedented campaign to mobilize 4,500 San Diego County residents to pledge to volunteer with K-12 students. The “U-T Volunteer for Education” campaign will continue through the 2011-12 academic school year and […]
Platinum Equity Company Contego Packaging Group Invests in New Portsmouth Facility
As reported by Packaging Europe, a packaging industry web site, Contego Packaging Group, a Platinum Equity portfolio company and a pan-European supplier of cartons, leaflets, labels, and foil for the food, beverage, and pharmaceutical industries, is moving to a new, 50,000 square foot carton production facility in Fareham, Hampshire. “Our current Portsmouth factory is housed […]
Platinum Equity Company MegaPath Partners with ADTRAN to Deliver Nation’s Largest Ethernet Footprint
Huntsville, AL– ADTRAN©, Inc., (NASDAQ:ADTN), a leading provider of next-generation networking solutions, today announced that MegaPath, one of the leading providers of managed data, voice, and security services in North America and Platinum Equity portfolio company, has partnered with ADTRAN for the nationwide expansion of its Ethernet network. MegaPath has over 200 central offices currently […]
Platinum Equity Company Schutt Sports Becomes Official Helmet for UT-Dallas
Litchfield, IL – Schutt Sports, a Platinum Equity Portfolio Company and leading domestic manufacturer of batters helmets in the United States, has been named the Official Batter’s Helmet for the University of Texas – Dallas. The multi-year agreement calls for the Comets softball and baseball teams to wear Schutt batters helmets and catchers gear. “We’re […]
Detroit Pistons and PNC Bank Renovate Preschool Exhibit at Detroit Children’s Museum
The Detroit Pistons and presenting sponsor PNC Bank cut the ribbon on a newly renovated preschool area inside the Detroit Children’s Museum. The back-to-school themed event featured Pistons ambassadors, mascot Hooper, and voice of the Pistons George Biaha. Youth at the event also received back-to-school packages from the Pistons and PNC Bank. “The educational and […]