Platinum Equity Portfolio Company Hop Lun Acquires P.H. Garment
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
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
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
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 […]
Kohler Co. and Platinum Equity Close Transaction to Establish Kohler Energy as Independent Business
KOHLER, Wis. – May 6, 2024 – Kohler Co. and Platinum Equity announced today the companies have closed the transaction to establish Kohler Energy as a separate, independent business. Platinum Equity is now the majority owner of the Energy business and Kohler Co. remains an investment partner. Financial details are not being disclosed. Kohler Energy […]
How Platinum Equity Earned ‘Trust’ as Investment Partner for Kohler Co.
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 […]
Club Car Unveils New Facility to Build Club Car Urban in Georgia
APPLING, Ga. – With elected officials and area business leaders on hand, Club Car officially opened its new manufacturing facility recently with a ribbon-cutting ceremony. Club Car CEO Mark Wagner and Georgia Governor Brian Kemp did the honors, cutting the ceremonial ribbon in front of employees and community members who assembled outside the 105,000 square-foot flexible […]
Platinum Equity Ops, Winc Leadership ‘Rose to the Occasion’
SYDNEY – The distribution center west of Australia’s largest city is operating efficiently on the warm September day. Winc Supply Chain Director Chris Fox proudly takes visitors by rows of empty pallets neatly stacked near the loading dock. He points to fully automated robots moving boxes of workplace supplies like headphones, cleaning products, staples, hand […]
Platinum Equity Partner Mark Barnhill, Pistons Host 2nd-Chance Event
DETROIT – An event co-sponsored by the Detroit Pistons, the NBA and a variety of government and support organizations aimed to give more than 170 formerly incarcerated citizens a second chance through legal assistance and job counseling. The Second Chance Summit in Detroit included a clinic, in which volunteer lawyers helped eligible individuals apply for […]
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