MegaPath One of North America’s Top Hosted Voice Providers
Platinum Equity portfolio company MegaPath was listed among the Top 10 hosted VoIP providers by Infonetics, an international communications market research and consulting firm. Client install base, service capabilities, and customer support are among the parameters considered by Infonetics in recognizing top firms. Commenting on the diverse Top 10 list, Infonetics analyst Diane Myers said, […]
Platinum Equity Company International Offshore Services Selects MarineCFO
New Orleans, LA—MarineCFO Inc., the leading provider of Marine Software including On-Vessel, Marine Operations, Personnel, Fleet Maintenance, and Financial Management Software Solutions to the Marine Transportation Industry, announced today that Platinum Equity Company, International Offshore Services, has chosen to implement the full MarineCFO Enterprise software suite. International Offshore Services, LLC was formed in 2006 by […]
Acument Global Technologies Hiring In Fenton, MI
Acument Global Technologies, a Platinum Equity portfolio company, has completed its plans to invest $5.1 million to expand its facilities in Fenton, Grand Blanc Township, and Sterling Heights, Michigan. The effort will generate about 150 jobs and establishes Acument’s commitment to Michigan workers. Articles on mlive.com, Flint on Full, and Tri-County Times (subscription) cover the […]
KEMET Leverages Virtela’s Award Winning Application
To speed access to business-critical applications for its 11,000 employees, Platinum Equity portfolio company KEMET Corporation announced it will use cloud acceleration services from Virtela. “With could-based application acceleration, we’ve experienced significant reductions in our application response times overall and we have been able to postpone bandwidth increases in many cases,” said Brian Burch, senior […]
SDUT Takes 10 Top Honors at Local SPJ Awards
The San Diego Union-Tribune and its web site, SignOn San Diego, took home top awards at the Society of Professional Journalists annual county contest. The Union-Tribune won ten first-place awards for newspaper writing, including the top award for breaking news. SignOn San Diego took three awards, including the award for Best News Site. The Society […]
Matrix Telecom Announces New Chief Executive Officer
Irving, TX – Matrix Telecom, a Dallas, Texas-based provider of telecom services, announced today Jerry Ou has been appointed President and Chief Executive Officer of Platinum Equity portfolio companies Matrix Telecom and Americatel Corporation. A seasoned executive with more than 10 years experience working in the telecommunications field, Ou had been COO of Matrix Telecom […]
Palace Sports & Entertainment Partners with Oakland University
Auburn Hills, MI — Palace Sports & Entertainment’s success in its innovative role as sports marketer for Oakland University has paid off for both parties as the two organizations have agreed to extended the current agreement, which gives Platinum Equity’s portfolio company, Palace Sports & Entertainment’s (PS&E), the exclusive rights to sell sponsorship for OU’s […]
KEMET Announces Construction of New Manufacturing Facility in Macedonia
Greenville, SC – KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced plans to construct a new manufacturing facility in Skopje, Macedonia. “This facility is a component of KEMET’s long-term strategy of consolidating and maintaining manufacturing for its European customer base, while fulfilling our objective of […]
Platinum Equity Confirms Sale of Strategic Distribution, Inc.
Los Angeles, CA – Platinum Equity confirmed today the sale of Strategic Distribution, Inc., (SDI) to LLR Equity Partners and Pouschine Cook Capital Partners. Financial terms of the transaction were not disclosed. SDI provides supply chain management solutions for industrial and institutional customers in the United States, Canada, and Mexico. Platinum Equity acquired SDI through a […]
KEMET Corporation Set to Join Russell 3000 Index
Greenville, SC – KEMET Corporation (NYSE: KEM) joined the US broad-market Russell 3000 Index, according to a preliminary list of additions posted on June 17 on the Russell Investments web site. Platinum Equity made an investment in KEMET in June of 2009 and has played a role in its operational restructuring. Russell indexes are widely […]
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