Platinum Equity Invests in HVAC/R Distributor Motors & Armatures

Technician working on HVAC system outdoors

Firm to partner with MARS’ current shareholders and management team, which will continue as equity partners Transaction extends momentum of Platinum Equity’s Small Cap team LOS ANGELES (July 17, 2024) – Platinum Equity announced today a significant investment in Motors & Armatures, Inc. (MARS), a leading distributor of HVAC/R parts, supplies and equipment in the […]

Héroux-Devtek Enters into Definitive Agreement to be Acquired by Platinum Equity

Factory image of metal equipment

LONGUEUIL, QC, July 11, 2024 – Héroux-Devtek Inc. (TSX: HRX) (“Héroux-Devtek” or the “Corporation”), a leading international manufacturer of aerospace products and the world’s third-largest landing gear manufacturer, today announced that it has entered into an arrangement agreement with an affiliate (the “Purchaser”) of Platinum Equity Advisors, LLC (“Platinum Equity”), a U.S. based private equity […]

Platinum Equity’s Credit Team Provides Term Loan to Westfall Technik

LOS ANGELES (June 13, 2024) – Platinum Equity announced today it provided a First-Lien Term Loan to Westfall Technik to refinance existing indebtedness and support future growth of the business. Westfall Technik is a vertically-integrated manufacturer of injection molded plastic components that primarily serves the healthcare and consumer packaged goods end markets. The company provides […]

Platinum Equity Portfolio Company Hop Lun Acquires P.H. Garment

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LOS ANGELES and HONG KONG (June 6, 2024) – Platinum Equity portfolio company Hop Lun, one of the world’s largest designers and manufacturers of intimate apparels, announced today the acquisition of P.H. Garment. Headquartered in Hong Kong, P.H. Garment is an innovative private label manufacturer of high-quality bras, shapewear and performance-driven active wear for world renowned […]

Platinum Equity to Acquire Sunrise Medical

Person in a wheelchair with sports clothes, a doc, positions on a small water pier

Investment in Germany-based maker of wheelchairs and mobility solutions adds to momentum of Platinum’s European investment team LOS ANGELES (June 5, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire Sunrise Medical, a world leader in advanced assistive mobility solutions, from Nordic Capital. Financial terms were not disclosed. The acquisition […]

Platinum Equity Portfolio Company HC Companies Acquires Classic Home & Garden

Complementary acquisition brings together leaders in functional pots and decorative containers to create “one stop shop” for horticulture growers, retailers and distributors LOS ANGELES, May 28, 2024  – The HC Companies, a leading North American manufacturer of horticultural containers, announced today the acquisition of Classic Home & Garden (CHG), a premier provider of decorative and functional […]

Platinum Equity’s Jacob Kotzubei Talks Coping with Inflation at Milken

A panel of 4 people sitting under a sign titled with 2024 global conference

For the second consecutive year, Platinum Equity Co-President Jacob Kotzubei was invited to participate in a Milken Institute Global Conference panel discussion. Flanked by other senior private equity investment professionals during an hour-long discussion titled Private Equity Delivering Value, Kotzubei addressed many topics, which included: Platinum Equity’s operational approach to building value. Platinum Equity’s long […]

Club Car Championship Raises an Event Record $450,000 for Charity

image of green grass area like golf court with houses in the background and text reading 2024 charitable impact $458336.20

The recent Club Car Championship raised a record $450,000 for Savannah, Ga. charities, according to WTOC-TV. Pro golfer Steven Fisk birdied three of the final four holes of regulation to win in a sudden-death playoff at The Club Car Championship, which is part of the Korn Ferry Tour. The event has raised more than $1.6 […]

How Platinum Equity Earned ‘Trust’ as Investment Partner for Kohler Co.

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In late 2019, Platinum Equity was performing diligence on Kohler Co.’s energy resilience division. Kohler Co., a global name with more than 40,000 employees, is known for its kitchen and bath products. But the pandemic hit. With uncertainty, the Kohler family decided to temporarily pause the sale process. Over the next few years, Platinum Equity […]