Platinum Equity Investment in Tak Communications Fueled by Expected Rise of Fiber
The fiber-to-the-home market is expected to grow with the rise in streaming TV and other factors contributing to that growth. Earlier this year, while explaining Platinum Equity’s investment in broadband provider Tak Communications, Managing Director Krasner is quick to note that Amazon Prime Video’s airing of an NFL playoff game earlier this year – with […]
Platinum Equity, Tom Gores continue support for annual JRLA Celebrity Golf Classic
DETROIT – Platinum Equity representatives recently joined celebrities, athletes and community leaders to support the 14th annual Jalen Rose Leadership Academy Celebrity Golf Classic, a fundraising event to support the public charter school bearing the name of the former NBA standout. For the 11th straight year, Platinum Equity Founder and CEO Tom Gores and the firm were […]
Platinum Equity Acquires ASP Global
LOS ANGELES (August 6, 2024) – Platinum Equity announced today the acquisition of ASP Global, a leading strategic partner to the healthcare industry that develops, sources and distributes consumable medical products for healthcare providers and distributors. Financial terms were not disclosed. Based in Atlanta, ASP leverages its global sourcing network to provide high-quality products that […]
Platinum Equity Sells BluRoc to Mollitiam Holdings
Divesture marks final exit of Platinum’s Yak Access Investment LOS ANGELES (July 29, 2024) – Platinum Equity announced today the sale of BluRoc LLC to Mollitiam Holdings. Financial terms were not disclosed. Headquartered in Northampton, Massachusetts, BluRoc is a provider of temporary and permanent access roads, midstream projects, renewable infrastructure, access matting, environmental controls, land […]
Platinum Equity to Acquire GSM Outdoors
LOS ANGELES (July 23, 2024) – Platinum Equity announced today the signing of a definitive agreement to acquire GSM Outdoors from Gridiron Capital. Financial terms were not disclosed. The acquisition is expected to be completed in Q3 2024. Headquartered in Irving, Texas, GSM Outdoors is a leading outdoor and consumer sporting goods company with a […]
Platinum Equity Completes Sale of Hunterstown Power
LOS ANGELES (July 19, 2024) – Platinum Equity announced today that the sale of the Hunterstown power generation facility and related assets to LS Power has been completed. Financial terms were not disclosed. Located in Gettysburg, Pennsylvania, the Hunterstown facility is a combined-cycle gas turbine generating power plant that provides 810 MW to the PJM […]
Fantini Group portco days offer chances for employee education. They also explain why Platinum Equity invested in Italian wine producer’s growth
BEVERLY HILLS, Calif. – Earlier this year, Platinum Equity employees gathered for an elevated happy hour, featuring the Fantini Group. The Italian wine producer and Platinum Equity portfolio company presented a tasting experience with its award-winning wines, the firm’s third portco day where portfolio companies are invited to demonstrate products and technology. It is part […]
Platinum Equity Invests in HVAC/R Distributor Motors & Armatures
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
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 […]
Post 
In 
Email 
Copy link