Platinum Equity Portfolio Company DAUM Commercial Real Estate Services at Annual AIR Broker Panel
Dennis L. Sandoval of DAUM Commercial Real Estate Services spoke at AIR Commercial Real Estate Association’s 17th Annual Market Review & Forecast at The Jonathan Club in downtown Los Angeles. The event featured an expert panel of Los Angeles-area commercial brokers, whose commentary focused on the region’s nine submarkets, the noteworthy market events of the […]
Platinum Equity’s CFO Featured in Treasury & Risk Magazine’s
Treasury & Risk, a leading finance industry magazine, profiled Platinum’s CFO Mary Ann Sigler as one of three “CFOs To Watch.” The article highlights Sigler’s essential role at Platinum and particularly in its success during the recent economic downturn. Sigler discusses Platinum’s focus on buying solid, fundamentally sound companies that are underperforming and would benefit […]
Platinum Equity Portfolio Company 3B Appoints Agent In India
3B, a Belgium-based glass fiber reinforcements manufacturer, appointed Essen International as its non-exclusive agent for India. The appointment dovetailed with 3B’s plans to develop its business in Asia, particularly in the rapidly expanding markets of India and China. The strategy also enabled to 3B partner with an innovative local Indian company, while Essen expanded its […]
Platinum Equity Portfolio Company San Diego Union-Tribune Gets Sunny New Look
The San Diego Union-Tribune gave its 14-year-old web site, www.signonsandiego.com a makeover that included a new design, improved navigation, and compelling new content from a wide range of partners. The upgrades were the first steps in a transformation that included local bloggers and other community-driven content. By combining the power of local news with easy […]
Platinum Equity Portfolio Company San Diego Union-Tribune Partners With KGTV/Channel 10
Pomeroy IT Solutions, Inc. Announces Agreement to be Acquired by Platinum Equity for $6.50 Per Share
HEBRON, KY September 25 — Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology (“IT”) solutions provider (the “Company”), announced today that it has entered into a definitive merger agreement to be acquired by affiliates of private equity firm Platinum Equity, LLC. Under the terms of the merger agreement, Platinum Equity, through its affiliates, will […]
Platinum Equity Acquires Geesinknorba from Oshkosh Corporation
LOS ANGELES, CA (July 1, 2009) – Platinum Equity today announced it has completed the acquisition of The Geesink Norba Group from Oshkosh Corporation (NYSE:OSK). The company, which has recently been rebranded GEESINKNORBA, is based in Emmeloord, The Netherlands, and is a leading European manufacturer of refuse collection vehicles (RCVs). “GEESINKNORBA is an established business […]
Platinum Equity Portfolio Company Maxim Acquires Barnhart Crane and Rigging Assets
Amid calls by industry and government for more infrastructure projects, Platinum portfolio company Maxim Crane Works LP purchased the assets of Barnhart Crane and Rigging. Maxim specializes in the rental and sales of lift equipment including hydraulic truck cranes, rough terrain cranes, crawler cranes, tower cranes, conventional truck cranes, and boom trucks. The acquisition added […]
Platinum Equity Buys Wire Harness Business From Alcoa
Platinum bought Alcoa’s wire harness and electrical distribution business in June 2009; Alcoa put the division up for sale in January 2009. The business was the largest component of Alcoa’s electrical and electronic solutions division, with over 17,000 employees and a presence in 13 countries across the globe. Platinum bought Alcoa’s wire harness and electrical […]
Platinum Completes Acquisition of Wire Harness and Electrical Distribution Business from Alcoa
LOS ANGELES, CA (June 15, 2009) – Platinum Equity today announced it has completed the acquisition of the wire harness and electrical distribution business of Alcoa (NYSE:AA). Financial terms of the acquisition were not disclosed. The transaction was first announced on April 30. The wire harness and electrical distribution business is the largest piece of […]